Manor, Texas Property Taxes
The median property tax rate in Manor, TX is 1.23%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $231,763 in Manor, the typical annual property tax bill amounts to $2,507, slightly below the national median of $2,690. Property taxes in Manor are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Manor'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 Manor 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
Manor, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$2,851
$2,638
$1,148
Average Manor, Texas Tax Savings
Ownwell’s Manor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Manor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Manor 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 Manor. 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 Manor, Texas
Property taxes in Manor, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Manor is 1.23%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Manor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Manor 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 Manor's effective property tax rate to other counties in Texas and the national median. For comparison, the 78653 zip code has the highest median property tax rate of 1.23%, while the 78653 zip code also has the lowest median tax rate of 1.23%. Understanding how these cities compare with Manor provides valuable insights into the varying tax landscape across Bastrop County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Manor Tax Rate
1.23%
Average Bastrop County Tax Rate
1.39%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Manor, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78653 | 0.29% | 0.72% | 1.23% | 1.86% | 2.02% |
Source: Ownwell
$1,148
Average Manor Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Manor, Texas
In Manor, 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 Bastrop 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 Manor, 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 Manor helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in Manor is $2,507 in the 78653 zip code, while the lowest is also $2,507 in the same zip code.
Average Manor Assessed Value
$231,763
Average Bastrop County Assessed Value
$264,754
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Manor, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78653 | $30,612 | $89,985 | $231,763 | $383,394 | $787,976 |
Source: Ownwell
$1,148
Average Manor Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Manor, Texas
In Manor, located in Bastrop County, TX, property tax bills are calculated based on the assessed value of the home and the local tax rate. The median home price in Manor is $231,763, and the tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. The tax bill can vary significantly, with the 25th percentile at $1,086, the 75th percentile at $3,890, and the 90th percentile reaching up to $6,592. Homeowners in Manor can face substantial property tax bills, impacting their financial stability. This is where Ownwell's expertise comes in. By providing property tax appeal and exemption services, Ownwell helps homeowners ensure their property is fairly assessed. This can lead to significant savings on their annual tax bill. With a deep understanding of local tax laws and a commitment to client advocacy, Ownwell can help reduce the financial burden of property taxes for homeowners in Manor.
Average Manor Tax Bill
$2,507
Average Bastrop County Tax Bill
$2,784
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Manor, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78653 | $333 | $1,086 | $2,507 | $3,890 | $6,592 |
Source: Ownwell
$1,148
Average Manor 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 | |
|---|---|
| Bastrop Appraisal District | |
| Website | esearch.bastropcad.org |
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