Holiday Lakes, Texas Property Taxes
The median property tax rate in Holiday Lakes, TX is 2.95%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $30,685 in Holiday Lakes, the typical annual property tax bill amounts to $437, which is below the national median of $2,690. Property taxes in Holiday Lakes are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, including primary residence and agricultural exemptions. Understanding Holiday Lakes' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Holiday Lakes 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
Holiday Lakes, 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 Holiday Lakes, Texas Tax Savings
Ownwell’s Holiday Lakes Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Holiday Lakes with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Holiday Lakes 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 Holiday Lakes. 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 Holiday Lakes, Texas
Property taxes in Holiday Lakes, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Holiday Lakes is 2.95%, significantly higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Holiday Lakes set these rates annually, and they can vary significantly across different neighborhoods. Each year, Holiday Lakes 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 Holiday Lakes' effective property tax rate to other counties in Texas and the national median. For comparison, the zip code 77515 has both the highest and lowest median property tax rate of 2.95%. Understanding how these cities compare with Holiday Lakes 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 Holiday Lakes Tax Rate
2.95%
Average Brazoria County Tax Rate
1.96%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Holiday Lakes, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77515 | 0.77% | 2.03% | 2.95% | 2.95% | 2.95% |
Source: Ownwell
$1,148
Average Holiday Lakes Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Holiday Lakes, Texas
In Holiday Lakes, 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 Holiday Lakes, 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. For instance, the median home price in Holiday Lakes is $30,685. The tax bills can vary significantly, with the 25th percentile at $149 and the 90th percentile reaching $2,311. The zip code with the highest and lowest median tax bill is 77515, both at $437. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Holiday Lakes Assessed Value
$30,685
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 Holiday Lakes, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77515 | $3,351 | $6,828 | $30,685 | $64,980 | $121,427 |
Source: Ownwell
$1,148
Average Holiday Lakes Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Holiday Lakes, Texas
In Holiday Lakes, Brazoria County, TX, property tax bills are calculated based on the assessed value of your home, which is determined by the county appraisal district. This assessed value is then multiplied by the local tax rate to determine your annual tax bill. For instance, with a median home price of $30,685, the tax bills can range significantly, from the 25th percentile at $149 to the 90th percentile at $2,311. This variation is largely due to different assessed values and applicable exemptions. Homeowners in Holiday Lakes face a median property tax rate that can feel burdensome, especially when compared to the national median rate of 0.99%. However, Ownwell can assist by providing property tax appeal and exemption services. By ensuring your property is accurately assessed and identifying potential exemptions, Ownwell helps reduce your tax burden, potentially saving you hundreds of dollars annually. This service is crucial for homeowners looking to manage their property expenses effectively.
Average Holiday Lakes Tax Bill
$437
Average Brazoria County Tax Bill
$4,022
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Holiday Lakes, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77515 | $68 | $149 | $437 | $1,221 | $2,311 |
Source: Ownwell
$1,148
Average Holiday Lakes 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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