Manor, Texas Property Taxes
The median property tax rate in Manor, TX is 1.23%, considerably higher than the national median of 0.99% but lower than Texas' state median of 1.67%. With the median home value in Manor at $222,136, the typical annual property tax bill reaches $2,566, slightly below the national median of $2,690. Property taxes in Manor are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Manor'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 Manor or another part of Williamson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Manor, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$2,732
$2,528
$1,148
Average Manor, Texas Tax Savings
Ownwell’s Manor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Manor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Manor to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Manor. 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 Manor, Texas
Property taxes in Manor, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Manor is 1.23%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Manor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Manor 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 Manor's effective property tax rate to other counties in Texas and the national median. For comparison, the 78653 zip code has the highest median property tax rate of 1.23%, while the same zip code also has the lowest median tax rate of 1.23%. Understanding how these cities compare with Manor provides valuable insights into the varying tax landscape across Williamson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Manor Tax Rate
1.23%
Average Williamson County Tax Rate
1.78%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Manor, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78653 | 0.70% | 0.96% | 1.23% | 1.82% | 2.62% |
Source: Ownwell
$1,148
Average Manor Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Manor, Texas
In Manor, 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 Williamson 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 Manor, 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, Manor's median home price is $222,136, with the 25th percentile tax bill at $1,923 and the 75th percentile tax bill at $3,338. The highest and lowest median tax bills are both $2,566, found in the 78653 zip code. Being aware of these valuation processes in Manor helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Manor Assessed Value
$222,136
Average Williamson County Assessed Value
$413,321
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Manor, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78653 | $91,986 | $135,946 | $222,136 | $362,526 | $504,045 |
Source: Ownwell
$1,148
Average Manor Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Manor, Texas
In Manor, TX, located in Williamson County, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value, adjusted annually based on market trends and property conditions. For instance, with a median home price of $222,136, homeowners can expect varying tax bills. The 25th percentile tax bill is around $1,923, while the 75th percentile reaches $3,338, and the 90th percentile can go up to $3,668. The highest median tax bill in the area is $2,566, notably found in the 78653 zip code. Property taxes significantly impact homeowners by influencing monthly mortgage payments and overall housing affordability. High property taxes can strain budgets, especially if the assessed value increases unexpectedly. Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging their expertise, homeowners can potentially lower their assessed values and reduce their tax bills, ensuring they only pay their fair share.
Average Manor Tax Bill
$2,566
Average Williamson County Tax Bill
$7,929
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Manor, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78653 | $1,826 | $1,923 | $2,566 | $3,338 | $3,668 |
Source: Ownwell
$1,148
Average Manor Tax Savings
Save on your property taxes & more with 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 | |
|---|---|
| Williamson Appraisal District | |
| Phone | (512) 930-3787 |
| Website | search.wcad.org |
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