Andrews County, Texas Property Taxes
The median property tax rate in Andrews County is 1.66%, which is slightly lower than the Texas state median of 1.67% but significantly higher than the national median of 0.99%. With a median home value of $123,916 in Andrews County, the typical annual property tax bill is $1,992, well below the national median of $2,690. Property taxes in Andrews County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions such as those for primary residences and agricultural properties. Understanding the specific property tax system in Andrews County, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Andrews or another part of Andrews County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Andrews County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.66%
Estimate Property Tax Bill
$2,057
$1,909
Ownwell’s Andrews County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Andrews County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Andrews County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Andrews County, Texas
Property taxes in Andrews County are vital for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Andrews County is 1.66%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Andrews County set these rates annually, and they can vary significantly between different areas within the county. Each year, Andrews County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Andrews has one of the higher property tax rates in Texas at 1.66%. Analyzing how Andrews County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Andrews County Tax Rate
1.66%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Andrews County, Texas
In Andrews County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Andrews County Appraisal District. The assessed value, however, 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. Assessment notices in Andrews County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Andrews has a median home price of $123,916, with tax bills ranging from $913 at the 25th percentile to $5,466 at the 90th percentile. Being aware of these valuation processes in Andrews County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Andrews County Assessed Value
$123,916
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Bills Across Andrews County, Texas
In Andrews County, TX, property tax bills are calculated based on the assessed value of a home. The process begins with the county appraisal district determining the market value of the property. This market value is then adjusted to reflect the assessed value, which is used to calculate the tax bill. Several factors are considered in this assessment, including the property's location, size, and condition. Homeowners in Andrews County can expect varying tax bills depending on these assessments. For example, the median home price in the county is $123,916. Tax bills range significantly, with the 25th percentile at $913 and the 75th percentile at $3,569. The 90th percentile can reach as high as $5,466. Compared to the national median property tax rate of 0.99%, these figures highlight the variability within the county. The impact on homeowners can be substantial, influencing their overall financial planning and housing affordability. Understanding how these taxes are calculated is crucial for residents to manage their expenses effectively.
Average Andrews County Tax Bill
$1,992
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690