Huntsville, Texas Property Taxes
The median property tax rate in Huntsville, TX is 1.45%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value in Huntsville of $183,160, the typical annual property tax bill amounts to $2,441, slightly below the national median of $2,690. Property taxes in Huntsville are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Huntsville'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 Huntsville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Huntsville, 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 Huntsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Huntsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Huntsville 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 Huntsville, Texas
Property taxes in Huntsville, Texas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Huntsville is 1.45%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Huntsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Huntsville 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 Huntsville's effective property tax rate to other counties in Texas and the national median. For comparison, the 77340 zip code has the highest median property tax rate of 1.49%, while the 77831 zip code has the lowest median tax rate of 1.37%. Understanding how these cities compare with Huntsville 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 Huntsville Tax Rate
1.45%
Average Walker County Tax Rate
1.45%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Huntsville, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77320 | 0.89% | 1.23% | 1.43% | 1.59% | 1.67% |
77340 | 1.05% | 1.37% | 1.49% | 1.67% | 1.67% |
77342 | 1.45% | 1.46% | 1.47% | 1.52% | 1.61% |
77358 | 0.71% | 1.14% | 1.43% | 1.46% | 1.58% |
77831 | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Huntsville, Texas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Huntsville, TX. The market value represents the price a willing buyer would pay a willing seller in an open 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 Huntsville, 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. For instance, the highest median tax bill in the area is $3,242 in the 77340 zip code, while the lowest median tax bill is $376 in the 77831 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Huntsville Assessed Value
$183,160
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 Huntsville, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77320 | $15,000 | $45,542 | $147,190 | $260,990 | $431,212 |
77340 | $26,558 | $97,720 | $220,680 | $352,880 | $546,254 |
77342 | $12,240 | $12,420 | $30,975 | $93,212 | $172,021 |
77358 | $17,485 | $24,618 | $36,730 | $180,235 | $343,800 |
77831 | $27,460 | $27,460 | $27,460 | $27,460 | $27,460 |
Source: Ownwell
Property Tax Bills Across Huntsville, Texas
Property tax bills in Huntsville, Walker County, TX, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county appraisal district and reflects the market value of the property. In Huntsville, the median home price is $183,160. The local tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including property location, improvements, and exemptions. For instance, properties in the 77340 zip code have the highest median tax bill at $3,242, while those in the 77831 zip code have the lowest at $376. Homeowners in the 25th percentile of tax bills pay around $774, whereas those in the 75th percentile pay approximately $4,168. At the 90th percentile, the tax bill can reach up to $6,183. These property taxes can significantly impact homeowners, affecting their monthly budgets and long-term financial planning. Compared to the national median property tax rate of 0.99%, the rates in Huntsville can vary widely, influencing how much residents pay annually.
Average Huntsville Tax Bill
$2,441
Average Walker County Tax Bill
$2,299
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Huntsville, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77320 | $215 | $594 | $1,864 | $3,630 | $5,019 |
77340 | $336 | $1,272 | $3,242 | $5,017 | $7,268 |
77342 | $190 | $198 | $464 | $1,353 | $2,484 |
77358 | $266 | $355 | $531 | $793 | $2,837 |
77831 | $376 | $376 | $376 | $376 | $376 |
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 | |
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Walker Appraisal District | |
Website | esearch.walkercad.org |