Schwertner, Texas Property Taxes
The median property tax rate in Schwertner, TX is 1.28%, which is considerably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $121,518 in Schwertner, the typical annual property tax bill reaches $1,948, falling below the national median of $2,690. Property taxes in Schwertner are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, including primary residence and agricultural exemptions. Understanding Schwertner'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 Schwertner 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
Schwertner, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Schwertner, Texas Tax Savings
Ownwell’s Schwertner Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Schwertner with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Schwertner 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 Schwertner. 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 Schwertner, Texas
Property taxes in Schwertner, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Schwertner is 1.28%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Schwertner set these rates annually, and they can vary significantly across different neighborhoods. Each year, Schwertner 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 Schwertner's effective property tax rate to other counties in Texas and the national median. For comparison, the 76573 zip code has the highest median property tax rate of 1.28%, while the 76573 zip code also has the lowest median tax rate of 1.28%. Understanding how these cities compare with Schwertner 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 Schwertner Tax Rate
1.28%
Average Williamson County Tax Rate
1.78%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Schwertner, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76573 | 1.10% | 1.18% | 1.28% | 1.58% | 1.70% |
Source: Ownwell
$1,148
Average Schwertner Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Schwertner, Texas
In Schwertner, 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 Schwertner, 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 zip code 76573 has the highest median tax bill at $1,948. Being aware of these valuation processes in Schwertner helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Schwertner Assessed Value
$121,518
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 Schwertner, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76573 | $69,448 | $97,324 | $121,518 | $177,654 | $220,221 |
Source: Ownwell
$1,148
Average Schwertner Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Schwertner, Texas
In Schwertner, Williamson County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $121,518, homeowners can expect varying tax bills depending on several factors. For instance, the tax bill at the 25th percentile is around $1,203, while at the 75th percentile, it rises to approximately $2,192. The highest median tax bill recorded in the area is $1,948, which is notably higher than the national median property tax rate of 0.99%. Factors like property improvements, neighborhood developments, and market conditions can influence the assessed value, thereby affecting the tax bill. High property taxes can be a financial burden for homeowners, but Ownwell offers a solution. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax bills. Our team analyzes your property’s assessment and compares it with similar properties, ensuring you only pay what’s fair. Let Ownwell help you save on your property taxes and ease the financial strain.
Average Schwertner Tax Bill
$1,948
Average Williamson County Tax Bill
$7,929
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Schwertner, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76573 | $944 | $1,203 | $1,948 | $2,192 | $2,796 |
Source: Ownwell
$1,148
Average Schwertner 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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