Prairie Lea, Caldwell County, Texas Property Taxes
Median Prairie Lea, TX effective property tax rate: 1.12%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%. Median Prairie Lea, TX home value: $176,190. Median annual Prairie Lea, TX tax bill: $1,958, $442 lower than the national median property tax bill of $2,400.
How are property taxes in Caldwell County calculated?
Property taxes in Prairie Lea, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Prairie Lea’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Prairie Lea, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Prairie Lea, Caldwell County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.12%
Estimate Property Tax Bill
$1,973
$1,831
Property Tax Rates Across Prairie Lea, Caldwell County, Texas
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Prairie Lea Tax Rate
1.12%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Caldwell County Tax Rate
1.37%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Prairie Lea, Caldwell County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78661 | 0.51% | 0.90% | 1.12% | 1.42% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Prairie Lea, Caldwell County, Texas
When examining property taxes in Prairie Lea, TX, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Caldwell County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Caldwell County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Prairie Lea. For example, the median home price in Prairie Lea is $176,190, with tax bills ranging significantly across the county. 78661 has the highest median home price at $176,190.
Property Tax Assessment Values Across Prairie Lea, Caldwell County, Texas
Source: Ownwell
$140,720
$523,675
$906,630
Median Prairie Lea Market Value
$176,190
Median Caldwell County Market Value
$238,560
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Prairie Lea, Caldwell County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78661 | $43,575 | $84,710 | $176,190 | $270,980 | $443,064 |
Source: Ownwell
Property Tax Bills Across Prairie Lea, Caldwell County, Texas
In Prairie Lea, located in Caldwell County, TX, property tax bills are determined by assessing the market value of homes and applying the local tax rate. The median home price in this area is $176,190, contributing to the calculation of property tax bills. The tax bill for homeowners can range significantly, with the 25th percentile at $1,006 and the 75th percentile reaching $3,056. The 90th percentile tax bill can be as high as $4,593. Compared to the national median property tax bill of $2,400, Prairie Lea's tax landscape can present a financial burden for some homeowners.
Ownwell can assist homeowners in Prairie Lea by offering property tax appeal and exemption services. By analyzing each property's assessed value, Ownwell identifies opportunities for tax reductions, ensuring that homeowners are not overpaying. This tailored approach can lead to significant savings, easing the financial strain of property taxes. With expert guidance, Ownwell helps homeowners navigate the complexities of property tax bills, securing the most favorable outcomes possible.
Median Prairie Lea Tax Bill
$1,958
Median Caldwell County Tax Bill
$2,989
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Prairie Lea, Caldwell County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78661 | $223 | $1,006 | $1,958 | $3,056 | $4,593 |
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 | |
|---|---|
| Caldwell Appraisal District | |
| Website | esearch.caldwellcad.org |