Callahan County Property Taxes
The median property tax rate in Callahan County is 1.46%, which is significantly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $107,800 in Callahan County, the typical annual property tax bill amounts to $1,364, which is substantially below the national median of $2,690. Property taxes in Callahan County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Callahan County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Baird or another part of Callahan County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Callahan County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.46%
Estimate Property Tax Bill
$1,574
$1,461
Ownwell’s Callahan County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Callahan County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Callahan County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Callahan County, Texas
Property taxes in Callahan County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Callahan County is 1.46%, which is higher than both the Texas state median of 1.18% and the U.S. national median of 0.99%. Local government entities within Callahan County set these rates annually, and they can vary significantly between different areas within the county. Each year, Callahan County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Callahan County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Baird has one of the higher property tax rates in Texas at 1.54%, while the city of Moran boasts one of the lowest at 0.74%. Analyzing how Callahan County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Callahan County Tax Rate
1.46%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Callahan County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Abilene | 0.56% | 0.94% | 1.19% | 1.62% | 1.62% |
Baird | 0.91% | 1.20% | 1.54% | 2.10% | 2.10% |
Cisco | 0.53% | 0.76% | 0.95% | 1.30% | 1.30% |
Clyde | 0.82% | 1.10% | 1.46% | 1.90% | 2.14% |
Cross Plains | 0.66% | 0.84% | 1.21% | 1.59% | 1.59% |
Moran | 0.48% | 0.54% | 0.74% | 1.24% | 1.44% |
Ovalo | 0.39% | 0.86% | 1.07% | 1.21% | 1.46% |
Putnam | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Callahan County, Texas
In Callahan County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Callahan County Appraisal District. The assessed value, however, 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 Callahan County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, in Callahan County, the city with the highest median tax bill is Ovalo at $2,191, while Moran has the lowest at $506. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Callahan County Assessed Value
$107,800
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Callahan County, Texas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Abilene | $32,985 | $73,625 | $160,700 | $317,595 | $470,475 |
Baird | $14,990 | $44,435 | $93,780 | $188,732 | $318,165 |
Cisco | $49,834 | $84,090 | $152,380 | $263,250 | $335,890 |
Clyde | $17,081 | $51,098 | $119,920 | $206,095 | $286,333 |
Cross Plains | $17,455 | $46,515 | $89,680 | $161,152 | $286,325 |
Moran | $21,942 | $38,760 | $80,630 | $112,670 | $151,064 |
Ovalo | $110,764 | $161,445 | $250,365 | $398,822 | $572,699 |
Putnam | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Callahan County, Texas
In Callahan County, TX, property tax bills are calculated based on the assessed value of a property, which is determined by the local appraisal district. The assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. Several factors influence the assessed value, including the property's market value, location, and any improvements or changes made to the property. Homeowners in Callahan County can expect a wide range of tax bills. For instance, the 25th percentile tax bill is around $600, while the 75th percentile tax bill is approximately $2,656. At the higher end, the 90th percentile tax bill reaches up to $4,048. These variations highlight how significant differences in property values and local tax rates can impact the amount homeowners owe annually. Comparatively, the national median property tax rate is 0.99%, and Callahan County's tax bills reflect a diverse range of financial obligations for its residents. This diversity underscores the importance of understanding how local factors affect property taxes.
Average Callahan County Tax Bill
$1,364
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Callahan County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Abilene | $260 | $792 | $1,996 | $3,632 | $5,930 |
Baird | $249 | $639 | $1,324 | $2,527 | $4,061 |
Cisco | $420 | $656 | $1,311 | $2,353 | $3,286 |
Clyde | $244 | $678 | $1,577 | $2,925 | $4,224 |
Cross Plains | $229 | $501 | $923 | $1,574 | $2,469 |
Moran | $253 | $434 | $506 | $610 | $1,034 |
Ovalo | $1,102 | $1,562 | $2,191 | $2,777 | $5,116 |
Putnam | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell