Port O Connor, Texas Property Taxes
The median property tax rate in Port O'Connor, TX is 1.61%, considerably higher than the national median of 0.99% but slightly lower than the Texas state median of 1.67%. With the median home value in Port O'Connor at $212,315, the typical annual property tax bill reaches $2,859, surpassing the national median of $2,690. Property taxes in Port O'Connor 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 Port O'Connor'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 Port O'Connor or another part of Calhoun County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Port O Connor, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s PORT O CONNOR Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in PORT O CONNOR with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in PORT O CONNOR 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 the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Port O Connor, Texas
Property taxes in Port O'Connor, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Port O'Connor is 1.61%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Port O'Connor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Port O'Connor 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 Port O'Connor's effective property tax rate to other counties in Texas and the national median. For comparison, the 77982 zip code has the highest median property tax rate of 1.61%, while the same zip code has the lowest median tax rate of 1.61%. Understanding how these cities compare with Port O'Connor provides valuable insights into the varying tax landscape across Calhoun County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Port O Connor Tax Rate
1.61%
Average Calhoun County Tax Rate
1.38%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Port O Connor, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77982 | 0.66% | 1.24% | 1.61% | 1.82% | 1.99% |
Source: Ownwell
Property Tax Assessment Values Across Port O Connor, Texas
In Port O'Connor, 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 Calhoun 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 Port O'Connor, 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. For instance, the median home price in Port O'Connor is $212,315, with the 25th percentile tax bill at $1,491 and the 75th percentile tax bill at $5,597. Interestingly, the highest and lowest median tax bills are both $2,859, found in the 77982 zip code. By understanding 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Port O Connor Assessed Value
$212,315
Average Calhoun County Assessed Value
$110,860
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Port O Connor, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77982 | $62,307 | $117,760 | $212,315 | $365,135 | $631,677 |
Source: Ownwell
Property Tax Bills Across Port O Connor, Texas
In Port O'Connor, located in Calhoun County, TX, property tax bills are calculated based on the assessed value of a home. The median home price in this area is $212,315. The assessed value is multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value, impacting the final tax amount. Homeowners in Port O'Connor experience varying tax bills, with the 25th percentile at $1,491 and the 75th percentile at $5,597, reflecting a broad range of property values and tax burdens. The 90th percentile tax bill can reach up to $10,063. Despite these variations, the median tax bill stands at $2,859, which is relatively high compared to the national median property tax rate of 0.99%. This means homeowners in Port O'Connor may pay more in property taxes than the average American homeowner, significantly affecting their annual financial planning.
Average Port O Connor Tax Bill
$2,859
Average Calhoun County Tax Bill
$1,200
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Port O Connor, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77982 | $565 | $1,491 | $2,859 | $5,597 | $10,063 |
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 | |
|---|---|
| Calhoun Appraisal District | |
| Website | propaccess.trueautomation.com |