Freeport, Texas Property Taxes
The median property tax rate in Freeport, TX is 1.87%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Freeport at $138,605, the typical annual property tax bill reaches $2,207, slightly below the national median of $2,690. Property taxes in Freeport 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 Freeport'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 Freeport or another part of Brazoria County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Freeport, 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 Freeport, Texas Tax Savings
Ownwell’s Freeport Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Freeport with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Freeport 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 Freeport. 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 Freeport, Texas
Property taxes in Freeport, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Freeport is 1.87%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Freeport set these rates annually, and they can vary significantly across different neighborhoods. Each year, Freeport 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 Freeport's effective property tax rate to other counties in Texas and the national median. For comparison, the 77534 zip code has the highest median property tax rate of 2.08%, while the 77422 zip code has the lowest median tax rate of 0.49%. Understanding how these cities compare with Freeport provides valuable insights into the varying tax landscape across Brazoria County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Freeport Tax Rate
1.87%
Average Brazoria County Tax Rate
1.96%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Freeport, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77422 | 0.49% | 0.49% | 0.49% | 0.49% | 0.49% |
| 77511 | N/A | N/A | N/A | N/A | N/A |
| 77515 | 0.65% | 0.73% | 1.49% | 1.84% | 1.84% |
| 77534 | 2.08% | 2.08% | 2.08% | 2.08% | 2.08% |
| 77541 | 0.35% | 1.09% | 1.87% | 2.20% | 2.47% |
Source: Ownwell
$1,148
Average Freeport Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Freeport, Texas
In Freeport, 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 Brazoria 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 Freeport, 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 Freeport helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in the area is $2,211 in the 77541 zip code, while the lowest is $272 in the 77534 zip code.
Average Freeport Assessed Value
$138,605
Average Brazoria County Assessed Value
$236,820
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Freeport, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77422 | $156,910 | $156,910 | $156,910 | $156,910 | $156,910 |
| 77511 | N/A | N/A | N/A | N/A | N/A |
| 77515 | $43,200 | $85,052 | $187,650 | $237,695 | $299,037 |
| 77534 | $13,090 | $13,090 | $13,090 | $13,090 | $13,090 |
| 77541 | $43,572 | $88,905 | $138,600 | $240,020 | $400,262 |
Source: Ownwell
$1,148
Average Freeport Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Freeport, Texas
In Freeport, TX, property tax bills are calculated based on the assessed value of a property, which is determined by the Brazoria County Appraisal District. The assessed value is then multiplied by the local tax rate to determine the final tax bill. For instance, with the median home price in Freeport at $138,605, homeowners can expect varying tax bills depending on their property's assessed value and specific tax rate. For example, tax bills in the 25th percentile are around $969, while those in the 75th percentile can reach up to $4,006, and the 90th percentile can be as high as $7,652. Factors such as property size, location, and market trends play significant roles in determining the assessed value. High property taxes can be a burden, but Ownwell offers valuable services to help homeowners reduce their tax bills. By providing expert property tax appeal and exemption services, Ownwell ensures homeowners are not overpaying and can potentially save hundreds or even thousands of dollars annually.
Average Freeport Tax Bill
$2,207
Average Brazoria County Tax Bill
$4,022
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Freeport, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77422 | $765 | $765 | $765 | $765 | $765 |
| 77511 | N/A | N/A | N/A | N/A | N/A |
| 77515 | $621 | $1,145 | $1,992 | $3,165 | $4,358 |
| 77534 | $272 | $272 | $272 | $272 | $272 |
| 77541 | $207 | $973 | $2,211 | $4,009 | $7,659 |
Source: Ownwell
$1,148
Average Freeport 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 | |
|---|---|
| Brazoria Appraisal District | |
| Website | esearch.brazoriacad.org |
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