Waelder, Texas Property Taxes
The median property tax rate in Waelder, TX is 0.36%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Waelder at $906,630, the typical annual property tax bill is $2,295, which is below the national median of $2,690. Property taxes in Waelder are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Waelder'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 Waelder 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
Waelder, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.36%
Estimate Property Tax Bill
$3,264
$3,029
Ownwell’s Waelder Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Waelder with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Waelder 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 Caldwell County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Waelder, Texas
Property taxes in Waelder, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Waelder is 0.36%, which is lower than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Waelder set these rates annually, and they can vary significantly across different neighborhoods. Each year, Waelder 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 Waelder's effective property tax rate to other counties in Texas and the national median. For comparison, the highest median property tax rate in the region is found in the 78701 zip code at 2.18%, while the lowest median tax rate is in the 79852 zip code at 0.31%. Understanding how these cities compare with Waelder provides valuable insights into the varying tax landscape across Caldwell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Waelder Tax Rate
0.36%
Average Caldwell County Tax Rate
1.37%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Waelder, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78959 | 0.12% | 0.19% | 0.36% | 0.68% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Waelder, Texas
In Waelder, 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 Caldwell 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 Waelder, 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 Waelder helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Waelder is $2295 in the 78959 zip code, which is also the lowest median tax bill in the area.
Average Waelder Assessed Value
$906,630
Average Caldwell County Assessed Value
$238,560
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Waelder, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78959 | $176,816 | $632,570 | $906,630 | $1,505,710 | $1,821,040 |
Source: Ownwell
Property Tax Bills Across Waelder, Texas
Property tax bills in Waelder, located in Caldwell County, TX, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county appraisal district and reflects the market value of the home. In Waelder, the median home price is $906,630, which significantly influences the tax bill. Property tax rates in Texas vary by locality, but the median tax rate is often used for comparison. Homeowners in Waelder can expect their tax bills to fall within a range, with the 25th percentile tax bill at $1,377 and the 75th percentile reaching $6,102. For those at the higher end, the 90th percentile tax bill is $7,872. These figures show a broad spectrum of what homeowners might pay, illustrating how property values and local tax rates directly impact the financial obligations of property owners. The highest and lowest median tax bills in the area are both recorded at $2,295, indicating some consistency in property tax assessments within this specific zip code, 78959.
Average Waelder Tax Bill
$2,295
Average Caldwell County Tax Bill
$2,989
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Waelder, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78959 | $770 | $1,377 | $2,295 | $6,102 | $7,872 |
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 |