Belton, Texas Property Taxes
The median property tax rate in Belton, TX is 1.39%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Belton, the typical annual property tax bill reaches $3,362, exceeding the national median of $2,690. Property taxes in Belton 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 Belton'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 Belton 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
Belton, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$3,992
$3,704
$1,148
Average Tax Savings
Ownwell’s Belton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Belton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Belton 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 Belton. 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 Belton, Texas
Property taxes in Belton, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Belton is 1.39%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Belton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Belton 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 Belton's effective property tax rate to other counties in Texas and the national median. For comparison, the 76513 zip code has both the highest and lowest median property tax rate of 1.39%. Understanding how these cities compare with Belton provides valuable insights into the varying tax landscape across Bell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Belton Tax Rate
1.39%
Average Bell County Tax Rate
1.50%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Belton, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76513 | 0.46% | 0.95% | 1.39% | 1.78% | 2.04% |
Source: Ownwell
$1,148
Average Belton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Belton, Texas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Belton, Texas. 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 Bell 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 Belton, 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 Belton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 76513, with a median tax bill of $3,362.
Average Belton Assessed Value
$287,177
Average Bell County Assessed Value
$243,415
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Belton, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76513 | $29,942 | $151,883 | $287,177 | $423,495 | $609,536 |
Source: Ownwell
$1,148
Average Belton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Belton, Texas
In Belton, Bell County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $287,177, the tax rate in this area significantly impacts homeowners' annual expenses. Factors such as property size, location, and improvements are considered in the assessment. The tax bill can vary widely; for instance, the 25th percentile tax bill is $1,203, while the 75th percentile reaches $5,857, and the 90th percentile soars to $8,344. Homeowners in Belton often face higher property tax bills compared to the national median property tax rate of 0.99%. This can place a significant financial burden on families. Ownwell can help alleviate this burden by providing expert property tax appeal and exemption services. By reviewing your property's assessed value and identifying potential discrepancies, Ownwell ensures you pay only your fair share. This targeted approach can lead to substantial savings, making homeownership more affordable.
Average Belton Tax Bill
$3,362
Average Bell County Tax Bill
$3,265
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Belton, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76513 | $250 | $1,203 | $3,362 | $5,857 | $8,344 |
Source: Ownwell
$1,148
Average Belton 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 | |
|---|---|
| Bell Appraisal District | |
| Phone | (254) 939-5841 |
| Website | esearch.bellcad.org |
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