Clyde, Texas Property Taxes
The median property tax rate in Clyde, TX is 1.46%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $119,920 in Clyde, the typical annual property tax bill is $1,577, falling below the national median of $2,690. Property taxes in Clyde are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Clyde'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 Clyde or another part of Callahan County, grasping the local property tax system benefits both homeowners and real estate investors.
Last Updated June 14, 2024
Clyde, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.46%
Estimate Property Tax Bill
$1,751
$1,625
Ownwell’s Clyde Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clyde with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clyde 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 Clyde, Texas
Property taxes in Clyde, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clyde is 1.46%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Clyde set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clyde 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 Clyde's effective property tax rate to other counties in Texas and the national median. For comparison, the 79510 zip code has the highest median property tax rate of 1.46%, while the 79510 zip code has the lowest median tax rate of 1.46%. Understanding how these cities compare with Clyde provides valuable insights into the varying tax landscape across Callahan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clyde Tax Rate
1.46%
Average Callahan County Tax Rate
1.46%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clyde, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79510 | 0.82% | 1.10% | 1.46% | 1.90% | 2.14% |
Source: Ownwell
Property Tax Assessment Values Across Clyde, Texas
In Clyde, 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 Callahan 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 Clyde, 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 Clyde is $119,920, with tax bills ranging from $678 at the 25th percentile to $4,224 at the 90th percentile. Notably, the highest median tax bill in Clyde is $1,577 in the 79510 zip code. 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 Clyde helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Clyde Assessed Value
$119,920
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 Clyde, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79510 | $17,081 | $51,098 | $119,920 | $206,095 | $286,333 |
Source: Ownwell
Property Tax Bills Across Clyde, Texas
In Clyde, located in Callahan County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district, reflecting the market value of the property. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. The median home price in Clyde is $119,920, and the property tax rate in the area is competitive compared to the national median property tax rate of 0.99%. Homeowners in Clyde can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is approximately $678, while the 75th percentile tax bill reaches $2,925. At the 90th percentile, the tax bill can go up to $4,224. These variations can impact homeowners differently, affecting their annual budgeting and financial planning. The highest and lowest median tax bills in the area are both recorded at $1,577 in the 79510 zip code, highlighting the range of tax obligations within the community.
Average Clyde Tax Bill
$1,577
Average Callahan County Tax Bill
$1,364
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Clyde, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79510 | $244 | $678 | $1,577 | $2,925 | $4,224 |
Source: Ownwell