Fulton, Texas Property Taxes
The median property tax rate in Fulton, TX is 1.67%, which aligns with the Texas state median but is significantly higher than the national median of 0.99%. With a median home value of $80,830 in Fulton, the typical annual property tax bill is $1,142, still below the national median of $2,690. Property taxes in Fulton are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Fulton’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 Fulton 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
Fulton, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$1,350
$1,249
Ownwell’s Fulton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fulton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fulton 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 Fulton, Texas
Property taxes in Fulton, Texas, play a crucial role in supporting essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fulton is 1.67%, notably higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Fulton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fulton 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 Fulton's effective property tax rate to other counties in Texas and the national median. For comparison, the zip code 78358 has the highest median property tax rate of 1.67%, while the same zip code also has the lowest median tax rate of 1.67%. Understanding how these cities compare with Fulton provides valuable insights into the varying tax landscape across Aransas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fulton Tax Rate
1.67%
Average Aransas County Tax Rate
1.40%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fulton, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78358 | 0.50% | 1.33% | 1.67% | 1.67% | 1.67% |
Source: Ownwell
Property Tax Assessment Values Across Fulton, Texas
In Fulton, 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 Aransas 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 Fulton, 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. Being aware of these valuation processes in Fulton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Fulton, the median home price is $80,830, with the lowest median tax bill in zip code 78358 being $1,142.
Average Fulton Assessed Value
$80,830
Average Aransas County Assessed Value
$161,335
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fulton, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78358 | $12,000 | $29,455 | $80,830 | $179,690 | $283,824 |
Source: Ownwell
Property Tax Bills Across Fulton, Texas
In Fulton, located in Aransas County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Fulton, the median home price is $80,830. Property tax bills can vary significantly, with the 25th percentile at $348 and the 75th percentile at $2,683, showing a wide range of possible tax burdens. At the 90th percentile, homeowners could face a tax bill as high as $4,275. These figures indicate that while some homeowners may have relatively low tax bills, others could experience a much higher financial obligation. Comparatively, the national median property tax rate is 0.99%, making it important for homeowners to understand their local tax obligations to better manage their finances. The highest and lowest median tax bills in the area are both $1,142, found in the 78358 zip code.
Average Fulton Tax Bill
$1,142
Average Aransas County Tax Bill
$1,939
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Fulton, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78358 | $93 | $348 | $1,142 | $2,683 | $4,275 |
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 | |
|---|---|
| Aransas Appraisal District | |
| Website | propaccess.trueautomation.com |