Los Cuates, Texas Property Taxes
The median property tax rate in LOS CUATES, TX is 1.91%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $57,992 in LOS CUATES, the typical annual property tax bill is around $762, which is below the national median of $2,690. Property taxes in LOS CUATES are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like those for primary residences and agricultural use. Understanding LOS CUATES'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 LOS CUATES or another part of Cameron County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Los Cuates, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Los Cuates, Texas Tax Savings
Ownwell’s LOS CUATES Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in LOS CUATES with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in LOS CUATES 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 LOS CUATES. 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 Los Cuates, Texas
Property taxes in LOS CUATES, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in LOS CUATES is 1.91%, higher than both the Texas state median of 1.66% and the U.S. national median of 0.99%. Local government entities within LOS CUATES set these rates annually, and they can vary significantly across different neighborhoods. Each year, LOS CUATES 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 LOS CUATES's effective property tax rate to other counties in Texas and the national median. For comparison, the 78586 zip code has the highest median property tax rate of 1.91%, while the same 78586 zip code has the lowest median tax rate of 1.91%. Understanding how these cities compare with LOS CUATES 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 Los Cuates Tax Rate
1.91%
Average Cameron County Tax Rate
1.37%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Los Cuates, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78586 | 0.66% | 1.09% | 1.91% | 2.10% | 2.41% |
Source: Ownwell
$1,148
Average Los Cuates Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Los Cuates, Texas
In LOS CUATES, 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 LOS CUATES, 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 LOS CUATES is approximately $57,992, with tax bills ranging from $570 at the 25th percentile to $1,830 at the 90th percentile. 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 LOS CUATES helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Los Cuates Assessed Value
$57,992
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 Los Cuates, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78586 | $16,524 | $36,155 | $57,992 | $98,126 | $125,924 |
Source: Ownwell
$1,148
Average Los Cuates Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Los Cuates, Texas
In Los Cuates, TX, property tax bills are calculated based on the assessed value of your home, which is determined by local tax assessors. With a median home price of $57,992, homeowners can expect tax bills that vary significantly. For instance, the 25th percentile tax bill is around $570, while the 75th percentile reaches up to $1,521, and the 90th percentile can be as high as $1,830. These figures highlight the variability in tax bills within the region. The assessed value, local tax rates, and any applicable exemptions play crucial roles in determining the final tax bill. Homeowners in Los Cuates may find their property taxes relatively high when compared to the national median property tax rate of 0.99%. Ownwell offers valuable assistance to homeowners by identifying potential errors in property assessments and ensuring all eligible exemptions are applied. This can lead to significant savings on property tax bills, providing financial relief and peace of mind.
Average Los Cuates Tax Bill
$762
Average Cameron County Tax Bill
$1,460
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Los Cuates, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78586 | $290 | $570 | $762 | $1,521 | $1,830 |
Source: Ownwell
$1,148
Average Los Cuates 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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