Pipe Creek, Texas Property Taxes
The median property tax rate in Pipe Creek, TX is 1.21%, slightly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $119,015 in Pipe Creek, the typical annual property tax bill amounts to $1,058, which is below the national median of $2,690. Property taxes in Pipe Creek are calculated based on the assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural land. Understanding Pipe Creek'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 Pipe Creek or another part of Bandera County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pipe Creek, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$1,440
$1,336
Ownwell’s Pipe Creek Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pipe Creek with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pipe Creek 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 Pipe Creek, Texas
Property taxes in Pipe Creek, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pipe Creek is 1.21%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Pipe Creek set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pipe Creek 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 Pipe Creek's effective property tax rate to other counties in Texas and the national median. For comparison, the 78063 zip code has the highest median property tax rate of 1.21%, while the same zip code has the lowest median tax rate of 1.21%. Understanding how these cities compare with Pipe Creek provides valuable insights into the varying tax landscape across Bandera County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pipe Creek Tax Rate
1.21%
Average Bandera County Tax Rate
1.14%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pipe Creek, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78063 | 0.33% | 0.73% | 1.21% | 1.53% | 1.63% |
Source: Ownwell
Property Tax Assessment Values Across Pipe Creek, Texas
In Pipe Creek, 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 Bandera 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 Pipe Creek, 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 Pipe Creek helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1058 in the 78063 zip code, while the lowest median tax bill is also $1058 in the same zip code.
Average Pipe Creek Assessed Value
$119,015
Average Bandera County Assessed Value
$139,145
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pipe Creek, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78063 | $18,580 | $44,115 | $119,015 | $239,280 | $437,215 |
Source: Ownwell
Property Tax Bills Across Pipe Creek, Texas
In Pipe Creek, 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 calculate the annual tax bill. Factors influencing the tax bill include the property's market value, local tax rates, and any applicable exemptions or deductions. For homeowners in Pipe Creek, the median home price is $119,015. The tax bill can vary significantly; for example, the 25th percentile tax bill is $371, while the 75th percentile reaches $2,360, and the 90th percentile can be as high as $4,183. This range demonstrates the variability in property tax obligations based on property values and applicable exemptions. The median property tax rate in the area is notably lower than the national median rate of 0.99%. Consequently, homeowners in Pipe Creek may experience a more favorable tax environment compared to other regions in the United States.
Average Pipe Creek Tax Bill
$1,058
Average Bandera County Tax Bill
$1,165
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Pipe Creek, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78063 | $143 | $371 | $1,058 | $2,360 | $4,183 |
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 | |
|---|---|
| Bandera Appraisal District | |
| Website | esearch.bancad.org |