Nash, Texas Property Taxes
The median property tax rate in NASH, TX is 1.99%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in NASH at $87,948, the typical annual property tax bill reaches $1,678, still below the national median of $2,690. Property taxes in NASH 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 NASH'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 NASH 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
Nash, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.99%
Estimate Property Tax Bill
$1,750
$1,619
Ownwell’s NASH Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in NASH with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in NASH 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 Nash, Texas
Property taxes in NASH, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in NASH is 1.99%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within NASH set these rates annually, and they can vary significantly across different neighborhoods. Each year, NASH 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 NASH's effective property tax rate to other counties in Texas and the national median. For comparison, the 75569 zip code has the highest median property tax rate of 1.99%, while the same zip code has the lowest median tax rate of 1.99%. Understanding how these cities compare with NASH provides valuable insights into the varying tax landscape across Bowie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Nash Tax Rate
1.99%
Average Bowie County Tax Rate
1.79%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nash, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75569 | 1.73% | 1.83% | 1.99% | 1.99% | 1.99% |
Source: Ownwell
Property Tax Assessment Values Across Nash, Texas
In NASH, 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 Bowie 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 NASH, 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 NASH 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 75569, with a median bill of $1,678, while the lowest is also in 75569, reflecting the uniformity within this area.
Average Nash Assessed Value
$87,948
Average Bowie County Assessed Value
$119,330
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Nash, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75569 | $8,768 | $20,420 | $87,948 | $165,945 | $198,493 |
Source: Ownwell
Property Tax Bills Across Nash, Texas
In NASH, located in Bowie County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county's appraisal district. The assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. For example, with a median home price of $87,948, homeowners can expect varying tax bills depending on their specific property assessments and applicable exemptions. Several factors influence the tax bill, including the property's location, market value, and any exemptions the homeowner qualifies for. In Bowie County, the 25th percentile tax bill is around $376, while the 75th percentile tax bill reaches approximately $3,036. At the 90th percentile, homeowners might see tax bills as high as $3,731. These property taxes significantly impact homeowners, as they must budget for these annual expenses. Comparatively, the national median property tax rate is 0.99%, making it essential for residents to understand how their local rates measure up to manage their finances effectively.
Average Nash Tax Bill
$1,678
Average Bowie County Tax Bill
$2,049
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Nash, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75569 | $170 | $376 | $1,678 | $3,036 | $3,731 |
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 | |
|---|---|
| Bowie Appraisal District | |
| Website | bowieappraisal.com |