Douglassville, Texas Property Taxes
The median property tax rate in Douglassville, TX is 1.26%, slightly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Douglassville at $54,990, the typical annual property tax bill is $551, which is significantly below the national median of $2,690. Property taxes in Douglassville are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Douglassville'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 Douglassville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Douglassville, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.26%
Estimate Property Tax Bill
$693
$643
Ownwell’s Douglassville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Douglassville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Douglassville 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 Douglassville, Texas
Property taxes in Douglassville, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Douglassville is 1.26%, higher than both the Texas state median of 1.18% and the U.S. national median of 0.99%. Local government entities within Douglassville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Douglassville 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 Douglassville's effective property tax rate to other counties in Texas and the national median. For comparison, the 75560 zip code has the highest median property tax rate of 1.26%, while the same zip code also has the lowest median tax rate of 1.26%. Understanding how these cities compare with Douglassville provides valuable insights into the varying tax landscape across Cass County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Douglassville Tax Rate
1.26%
Average Cass County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Douglassville, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75560 | 0.59% | 1.22% | 1.26% | 1.38% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Douglassville, Texas
In Douglassville, 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 Cass 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 Douglassville, 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. 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 median home price in Douglassville is $54,990, with tax bills ranging from $275 at the 25th percentile to $1,944 at the 90th percentile. Zip code 75560 has the highest and lowest median tax bill of $551. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Douglassville Assessed Value
$54,990
Average Cass County Assessed Value
$69,430
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Douglassville, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75560 | $10,100 | $25,220 | $54,990 | $94,975 | $168,040 |
Source: Ownwell
Property Tax Bills Across Douglassville, Texas
In Douglassville, TX, property tax bills are calculated based on the assessed value of the property, which is determined by the local appraisal district. The assessed value is then multiplied by the property tax rate set by the local taxing authorities. For homeowners in Douglassville, the median home price is $54,990, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $275, while the 75th percentile tax bill reaches $1,066. At the high end, the 90th percentile tax bill can go up to $1,944. These variations are influenced by factors such as property location, improvements, and exemptions that may apply. Compared to the national median property tax rate of 0.99%, the property tax burden in Douglassville can be relatively modest or more substantial, depending on the specific circumstances of the property. This variability can significantly impact homeowners, affecting their annual financial planning and long-term investment in their homes.
Average Douglassville Tax Bill
$551
Average Cass County Tax Bill
$984
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Douglassville, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75560 | $129 | $275 | $551 | $1,066 | $1,944 |
Source: Ownwell
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Dates |
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Links | |
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Cass Appraisal District | |
Website | esearch.casscad.org |