Bayview, Texas Property Taxes
The median property tax rate in Bayview, TX is 1.67%, aligning with the state median but significantly higher than the national median of 0.99%. With a median home value of $97,825 in Bayview, the typical annual property tax bill amounts to $1,392, which is lower than the national median of $2,690. Property taxes in Bayview are calculated based on the assessed value, which often falls below the market value due to exemptions like those for primary residences and agricultural land. Navigating Bayview's property tax system, exploring available exemptions, and identifying potential reductions can result in substantial yearly savings. Whether you reside in the heart of Bayview or in another area of the city, a thorough understanding of the local property tax structure will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bayview, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$1,634
$1,516
$1,148
Average Tax Savings
Ownwell’s Bayview Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bayview with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bayview to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Bayview. 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 Bayview, Texas
Property taxes in Bayview, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bayview is 1.67%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Bayview set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bayview 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 Bayview's effective property tax rate to other counties in Texas and the national median. For comparison, the 78566 zip code has the highest median property tax rate of 1.67%, while the 78566 zip code also has the lowest median tax rate of 1.67%. Understanding how these cities compare with Bayview provides valuable insights into the varying tax landscape across Cameron County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bayview Tax Rate
1.67%
Average Cameron County Tax Rate
1.37%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bayview, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78566 | 0.50% | 0.82% | 1.67% | 1.89% | 2.08% |
Source: Ownwell
$1,148
Average Bayview Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Bayview, Texas
In Bayview, 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 Cameron 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 Bayview, 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. The median home price in Bayview stands at $97,825. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The highest median tax bill in the area is $1,392 in the 78566 zip code, which is also the lowest median tax bill. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bayview Assessed Value
$97,825
Average Cameron County Assessed Value
$129,230
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bayview, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78566 | $30,834 | $63,052 | $97,825 | $209,629 | $327,236 |
Source: Ownwell
$1,148
Average Bayview Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Bayview, Texas
In Bayview, Cameron County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the Cameron County Appraisal District. The median home price in Bayview is $97,825. Property tax rates in this area can vary, but homeowners can expect to pay a tax bill ranging from $503 at the 25th percentile to $4,836 at the 90th percentile. The highest and lowest median tax bill is $1,392 in the 78566 zip code, reflecting the consistency in property tax rates across the region. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. High property tax bills can significantly impact homeowners, making it crucial to ensure that properties are assessed accurately. Ownwell can help homeowners save on their property tax bills by providing expert property tax appeal and exemption services. By leveraging their knowledge and experience, Ownwell ensures that homeowners in Bayview are not overpaying on their property taxes, potentially saving them hundreds or even thousands of dollars annually.
Average Bayview Tax Bill
$1,392
Average Cameron County Tax Bill
$1,460
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Bayview, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78566 | $252 | $503 | $1,392 | $2,517 | $4,836 |
Source: Ownwell
$1,148
Average Bayview Tax Savings
Save on your property taxes & more with 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 | |
|---|---|
| Cameron Appraisal District | |
| Phone | (956) 399-9322 |
| Website | cameron.prodigycad.com |
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