Pendleton, Texas Property Taxes
The median property tax rate in Pendleton, TX is 0.92%, which is slightly lower than the national median of 0.99% and significantly below the Texas state median of 1.67%. With a median home value of $45,503 in Pendleton, the typical annual property tax bill amounts to $265, well under the national median of $2,690. Property taxes in Pendleton are calculated based on the assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Pendleton'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 Pendleton 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
Pendleton, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Pendleton, Texas Tax Savings
Ownwell’s Pendleton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pendleton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pendleton 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 Pendleton. 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 Pendleton, Texas
Property taxes in Pendleton, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pendleton is 1.03%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Pendleton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pendleton 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 Pendleton's effective property tax rate to other counties in Texas and the national median. For comparison, the 76564 zip code has the highest median property tax rate of 1.03%, while the 76564 zip code has the lowest median tax rate of 1.03%. Understanding how these cities compare with Pendleton 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 Pendleton Tax Rate
0.92%
Average Bell County Tax Rate
1.50%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pendleton, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76564 | 0.15% | 0.41% | 0.92% | 1.32% | 1.50% |
Source: Ownwell
$1,148
Average Pendleton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Pendleton, Texas
In Pendleton, 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 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 Pendleton, 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 Pendleton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Pendleton, the highest median tax bill is $265 in the 76564 zip code, while the lowest median tax bill is also $265 in the same zip code.
Average Pendleton Assessed Value
$45,503
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 Pendleton, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76564 | $5,230 | $9,724 | $45,503 | $101,742 | $146,359 |
Source: Ownwell
$1,148
Average Pendleton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Pendleton, Texas
In Pendleton, Bell County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. For example, with a median home price of $45,503, the property tax bill can range significantly. Factors such as property location, size, and condition influence the assessed value, which in turn affects the tax bill. In Pendleton, the 25th percentile tax bill is $73, while the 75th percentile tax bill is $867, and the 90th percentile tax bill reaches up to $1,526. This variability can create financial challenges for homeowners. Ownwell offers a solution by providing property tax appeal and exemption services. Our team of experts helps homeowners navigate the complexities of property tax assessments, ensuring that they are not overpaying. By analyzing local market trends and comparable property values, Ownwell can identify discrepancies and file appeals on behalf of homeowners, potentially leading to significant savings on their property tax bills.
Average Pendleton Tax Bill
$265
Average Bell County Tax Bill
$3,265
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Pendleton, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76564 | $13 | $73 | $265 | $867 | $1,526 |
Source: Ownwell
$1,148
Average Pendleton 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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