Wallis, Austin County, Texas Property Taxes
Median Wallis, TX effective property tax rate: 1.56%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Wallis, TX home value: $133,833
Median annual Wallis, TX tax bill: $1,972, $428 lower than the national median property tax bill of $2,400.
How are property taxes in Austin County calculated?
Property taxes in Wallis, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Wallis’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wallis, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wallis, Austin County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.56%
Estimate Property Tax Bill
$2,088
$1,937
Property Tax Rates Across Wallis, Austin County, Texas
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Wallis, located in Austin County, Texas, the effective property tax rate is 1.56%. This rate is consistent across the county, making it both the highest and lowest median tax rate within the area. Compared to the national median property tax rate of 1.02%, Wallis's rate is notably higher. Additionally, the national median property tax bill stands at $2,400, providing a benchmark for comparison. Understanding these rates is crucial for property owners, as it directly impacts their annual expenses. By staying informed and considering property tax appeal services, residents of Wallis can potentially reduce their tax burden.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Wallis Tax Rate
1.56%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Austin County Tax Rate
1.51%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Wallis, Austin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77485 | 0.34% | 1.19% | 1.56% | 2.22% | 2.22% |
Source: Ownwell
Property Tax Assessment Values Across Wallis, Austin County, Texas
When examining property taxes in Wallis, TX, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Austin County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Austin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Wallis. For example, the median home price in Wallis is $133,833, with tax bills ranging significantly across the county. 77485 has the highest median home price at $133,833.
Property Tax Assessment Values Across Wallis, Austin County, Texas
Source: Ownwell
$98,398
$262,072
$425,746
Median Wallis Market Value
$133,833
Median Austin County Market Value
$237,942
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Wallis, Austin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77485 | $19,159 | $54,587 | $133,833 | $235,914 | $484,531 |
Source: Ownwell
Property Tax Bills Across Wallis, Austin County, Texas
In Wallis, property tax bills are determined based on the assessed value of a home, which is influenced by the local real estate market and appraisal district evaluations. Homeowners in Austin County face a median tax bill of $1,972, slightly below the national median of $2,400. The tax rate in Wallis is competitive, making it more affordable compared to other regions. However, tax bills can vary significantly, with the 25th percentile at $653 and the 90th percentile reaching $4,779, reflecting disparities in property valuations or exemptions.
Factors such as property location, size, and improvements influence the assessed value, impacting the final tax bill. For homeowners, this means a substantial portion of their annual expenses can be tied up in property taxes. Ownwell offers a solution by providing expert property tax appeal services, potentially lowering the assessed value and reducing tax liabilities. With Ownwell's guidance, homeowners can navigate the complexities of property tax assessments and secure significant savings, ensuring they only pay their fair share.
Median Wallis Tax Bill
$1,972
Median Austin County Tax Bill
$2,796
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Wallis, Austin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77485 | $203 | $653 | $1,972 | $3,423 | $4,779 |
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 | |
|---|---|
| Austin Appraisal District | |
| Website | esearch.austincad.org |