Bedias, Texas Property Taxes
The median property tax rate in Bedias, TX is 0.95%, slightly below the national median of 0.99% and significantly lower than the Texas state median of 1.67%. With the median home value in Bedias at $266,045, the typical annual property tax bill is $1,850, which is considerably less than the national median of $2,690. Property taxes in Bedias are calculated based on the tax assessed value, which often falls below the market value due to exemptions like those for primary residences and agricultural properties. Understanding Bedias'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 Bedias or another part of Walker County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bedias, 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 Bedias Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bedias with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bedias 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 Bedias, Texas
Property taxes in Bedias, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bedias is 0.95%, which is lower than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Bedias set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bedias 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 Bedias's effective property tax rate to other counties in Texas and the national median. For comparison, the 77831 zip code has both the highest and lowest median property tax rate of 0.95%. Understanding how these cities compare with Bedias provides valuable insights into the varying tax landscape across Walker County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bedias Tax Rate
0.95%
Average Walker County Tax Rate
1.45%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bedias, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77831 | 0.16% | 0.46% | 0.95% | 1.45% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Bedias, Texas
In Bedias, 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 Walker 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 Bedias, 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 zip code with the highest and lowest median tax bill is 77831, both at $1,850. Being aware of these valuation processes in Bedias helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bedias Assessed Value
$266,045
Average Walker County Assessed Value
$180,510
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bedias, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77831 | $43,782 | $124,192 | $266,045 | $504,088 | $834,439 |
Source: Ownwell
Property Tax Bills Across Bedias, Texas
In Bedias, Walker County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by local appraisal districts. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $266,045, homeowners can expect varying tax bills depending on their property's assessed value and applicable exemptions. The tax bill for the 25th percentile is approximately $730, while at the 75th percentile, it rises to around $3,458. For those in the 90th percentile, the tax bill can reach as high as $5,626. These amounts can significantly impact homeowners, especially when compared to the national median property tax rate of 0.99%. The local tax rate and assessed home values play crucial roles in determining the final tax bill, which can vary widely within the same region. This variability underscores the importance of understanding property assessments and available exemptions to manage property tax liabilities effectively.
Average Bedias Tax Bill
$1,850
Average Walker County Tax Bill
$2,299
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Bedias, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77831 | $363 | $730 | $1,850 | $3,458 | $5,626 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Walker Appraisal District | |
Website | esearch.walkercad.org |