Manvel, Texas Property Taxes
The median property tax rate in Manvel, TX is 2.70%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Manvel, the typical annual property tax bill reaches $7,414, exceeding the national median of $2,690. Property taxes in Manvel 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 Manvel'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 Manvel 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
Manvel, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.7%
Estimate Property Tax Bill
$8,725
$8,073
$1,148
Average Manvel, Texas Tax Savings
Ownwell’s Manvel Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Manvel with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Manvel 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 Manvel. 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 Manvel, Texas
Property taxes in Manvel, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Manvel is 2.70%, significantly higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Manvel set these rates annually, and they can vary significantly across different neighborhoods. Each year, Manvel 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 Manvel's effective property tax rate to other counties in Texas and the national median. For comparison, the 77578 zip code has the highest median property tax rate of 2.70%, while the same 77578 zip code also has the lowest median tax rate of 2.70%. Understanding how these cities compare with Manvel 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 Manvel Tax Rate
2.70%
Average Brazoria County Tax Rate
1.96%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Manvel, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77578 | 1.40% | 1.93% | 2.70% | 3.05% | 3.37% |
77583 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,148
Average Manvel Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Manvel, Texas
In Manvel, 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. Assessment notices in Manvel 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 example, in Manvel, the highest median tax bill is $7,414 in zip code 77578, while the lowest median tax bill is also $7,414 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Manvel Assessed Value
$323,160
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 Manvel, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77578 | $67,782 | $208,210 | $323,160 | $411,965 | $510,646 |
77583 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,148
Average Manvel Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Manvel, Texas
In Manvel, located in Brazoria 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 $323,160, homeowners can expect tax bills ranging from $4,287 at the 25th percentile to $14,354 at the 90th percentile. The highest and lowest median tax bills in the area are both $7,414, falling within the 77578 zip code. These figures are significantly higher than the national median property tax rate of 0.99%, highlighting the importance of accurate assessments. Factors such as property size, location, and market conditions play a crucial role in determining the assessed value. High property taxes can place a financial burden on homeowners, making it essential to ensure that assessments are fair and accurate. Ownwell assists homeowners in Manvel by offering property tax appeal and exemption services. By leveraging expert knowledge and local data, Ownwell helps identify discrepancies in assessments and works to reduce tax bills, providing significant savings and peace of mind for homeowners.
Average Manvel Tax Bill
$7,414
Average Brazoria County Tax Bill
$4,022
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Manvel, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77578 | $1,543 | $4,287 | $7,414 | $11,042 | $14,354 |
77583 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,148
Average Manvel 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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