Dryden, Texas Property Taxes
The median property tax rate in Dryden, TX is 1.52%, notably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Dryden at $26,473, the typical annual property tax bill amounts to $347, which is significantly below the national median of $2,690. Property taxes in Dryden are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Dryden's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Dryden or another part of Val Verde County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dryden, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Dryden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dryden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dryden 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 Dryden, Texas
Property taxes in Dryden, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dryden is 1.52%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Dryden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dryden 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 Dryden's effective property tax rate to other counties in Texas and the national median. For comparison, the 78851 zip code has the highest median property tax rate of 1.52%, while the same zip code also has the lowest median tax rate of 1.52%. Understanding how these cities compare with Dryden provides valuable insights into the varying tax landscape across Val Verde County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dryden Tax Rate
1.52%
Average Val Verde County Tax Rate
1.36%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dryden, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78851 | 1.00% | 1.47% | 1.52% | 1.52% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Dryden, Texas
In Dryden, 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 Val Verde 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 Dryden, 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. Being aware of these valuation processes in Dryden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Dryden has a median home price of $26,473, with tax bills ranging significantly. The 25th percentile tax bill is $158, while the 75th percentile tax bill is $658. The highest and lowest median tax bills both amount to $347 in the zip code 78851.
Average Dryden Assessed Value
$26,473
Average Val Verde County Assessed Value
$133,527
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dryden, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78851 | $8,496 | $11,397 | $26,473 | $55,806 | $190,614 |
Source: Ownwell
Property Tax Bills Across Dryden, Texas
Property tax bills in Dryden, located in Val Verde County, TX, are determined based on the assessed value of a property. The assessed value is typically a percentage of the market value, which is established by the county appraisal district. Once the assessed value is determined, local tax rates, which can vary by jurisdiction, are applied to calculate the annual tax bill. Factors influencing the tax bill include the property's location, size, and any applicable exemptions, such as homestead or senior citizen exemptions. In Dryden, the median home price is $26,473, and the property tax bill can vary significantly. For instance, homeowners in the 25th percentile pay around $158, while those in the 75th percentile pay approximately $658. At the 90th percentile, the tax bill can reach up to $2,457. Compared to the national median property tax rate of 0.99%, property taxes in Dryden offer a relatively affordable option for homeowners, making it an attractive area for those looking to minimize their annual expenses.
Average Dryden Tax Bill
$347
Average Val Verde County Tax Bill
$1,445
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Dryden, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78851 | $120 | $158 | $347 | $658 | $2,457 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Val Verde Appraisal District | |
| Website | valverdecad.org |