Tuleta, Texas Property Taxes
The median property tax rate in Tuleta, TX is 1.55%, which is considerably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Tuleta, the typical annual property tax bill reaches $1,339, falling below the national median of $2,690. Property taxes in Tuleta are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Tuleta'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 Tuleta 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
Tuleta, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.55%
Estimate Property Tax Bill
$1,586
$1,467
Ownwell’s Tuleta Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Tuleta with just two simple data points. By inputting your property's estimated assessed value, the calculator uses the median tax rate in Tuleta to provide an estimated property tax bill. This valuable tool helps you anticipate your potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is determined by Bee County for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Tuleta, Texas
Property taxes in Tuleta, Texas, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Tuleta is 1.55%, significantly higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Tuleta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tuleta 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 Tuleta's effective property tax rate to other counties in Texas and the national median. For comparison, the 78162 zip code has both the highest and lowest median property tax rate of 1.55%. Understanding how these cities compare with Tuleta provides valuable insights into the varying tax landscape across Bee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Tuleta Tax Rate
1.55%
Average Bee County Tax Rate
1.76%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tuleta, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78162 | 0.43% | 1.24% | 1.55% | 1.73% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Tuleta, Texas
In Tuleta, 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 Bee 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 Tuleta, 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 Tuleta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $1,339, found in the zip code 78162.
Average Tuleta Assessed Value
$102,305
Average Bee County Assessed Value
$103,075
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tuleta, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78162 | $25,332 | $51,290 | $102,305 | $165,295 | $239,945 |
Source: Ownwell
Property Tax Bills Across Tuleta, Texas
In Tuleta, Bee County, TX, property tax bills are calculated based on the assessed value of a home. This value is determined by the county appraisal district, which evaluates properties to estimate their market worth. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Homeowners in Tuleta face a median property tax rate of 1.31%, which is higher than the national median of 0.99%. For instance, with a median home price of $102,305, the tax bill can range significantly. At the 25th percentile, homeowners might pay around $535, while at the 75th percentile, the tax bill could be as high as $2,522. The 90th percentile sees even steeper taxes, reaching up to $3,681. These property taxes fund essential community services such as schools, public safety, and infrastructure. Consequently, higher property taxes can impact homeowners by increasing their annual expenses, but they also contribute to the quality and availability of local services.
Average Tuleta Tax Bill
$1,339
Average Bee County Tax Bill
$1,834
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Tuleta, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78162 | $159 | $535 | $1,339 | $2,522 | $3,681 |
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 | |
|---|---|
| Bee Appraisal District | |
| Website | www.beecad.org |