Calvert, Texas Property Taxes
The median property tax rate in Calvert, TX is 1.18%, slightly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Calvert at $74,366, the typical annual property tax bill amounts to $650, which is considerably below the national median of $2,690. Property taxes in Calvert are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Calvert's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Calvert or another part of Robertson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Calvert, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$878
$812
Ownwell’s Calvert Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Calvert with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Calvert to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Calvert, Texas
Property taxes in Calvert, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Calvert is 1.18%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Calvert set these rates annually, and they can vary significantly across different neighborhoods. Each year, Calvert estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Calvert's effective property tax rate to other counties in Texas and the national median. For comparison, the 77837 zip code has the highest median property tax rate of 1.18%, while the 77837 zip code also has the lowest median tax rate of 1.18%. Understanding how these cities compare with Calvert provides valuable insights into the varying tax landscape across Robertson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Calvert Tax Rate
1.18%
Average Robertson County Tax Rate
1.09%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Calvert, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77837 | 0.37% | 0.64% | 1.18% | 1.61% | 1.90% |
Source: Ownwell
Property Tax Assessment Values Across Calvert, Texas
In Calvert, Texas, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Robertson County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Calvert, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The highest median tax bill in Calvert is $650 in the 77837 zip code, which is also the lowest median tax bill. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Calvert Assessed Value
$74,366
Average Robertson County Assessed Value
$118,900
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Calvert, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77837 | $12,141 | $29,670 | $74,366 | $152,315 | $298,881 |
Source: Ownwell
Property Tax Bills Across Calvert, Texas
In Calvert, TX, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value, and the tax rate set by local taxing authorities. The median home price in Calvert is $74,366. Homeowners in the area can expect a range of tax bills, with the 25th percentile paying around $272 and the 75th percentile facing a bill of approximately $1,466. The highest tax bills can reach up to $2,735, placing a significant financial burden on some homeowners. Several factors influence the final tax bill, including property improvements, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Calvert's tax rates reflect the local economic conditions and funding requirements for public services. Understanding these factors helps homeowners plan for their annual expenses and highlights the importance of appealing assessed values to ensure fair taxation.
Average Calvert Tax Bill
$650
Average Robertson County Tax Bill
$993
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Calvert, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77837 | $125 | $272 | $650 | $1,466 | $2,735 |
Source: Ownwell