Kildare, Texas Property Taxes
The median property tax rate in Kildare, TX is 1.22%, notably higher than the national median of 0.99%, yet lower than Texas' state median of 1.67%. With a median home value in Kildare, the typical annual property tax bill reaches $301, which is significantly below the national median of $2,690. Property taxes in Kildare are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Kildare'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 Kildare 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
Kildare, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Kildare Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kildare with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kildare 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 Kildare, Texas
Property taxes in Kildare, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kildare is 1.22%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Kildare set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kildare 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 Kildare's effective property tax rate to other counties in Texas and the national median. For comparison, the 75562 zip code has the highest median property tax rate of 1.22%, while the same zip code also has the lowest median tax rate of 1.22%. Understanding how these cities compare with Kildare 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 Kildare Tax Rate
1.22%
Average Cass County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kildare, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75562 | 1.22% | 1.22% | 1.22% | 1.31% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Kildare, Texas
In Kildare, 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 Kildare, 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. Being aware of these valuation processes in Kildare helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bill in Kildare is $301, found in the zip code 75562.
Average Kildare Assessed Value
$31,150
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 Kildare, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75562 | $3,832 | $7,100 | $31,150 | $57,110 | $106,608 |
Source: Ownwell
Property Tax Bills Across Kildare, Texas
In Kildare, Texas, property tax bills are calculated based on the assessed value of a home. The local government assesses properties to determine their taxable value, which forms the basis for the property tax bill. Factors considered in this assessment include the property's market value, location, and any improvements made to the home. Homeowners in Kildare face varying tax bills. For example, the tax bill at the 25th percentile is $103, while at the 75th percentile, it rises to $606. The 90th percentile tax bill reaches $1,247. These figures illustrate the range of property tax burdens across different homes in the area. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding local rates. High property taxes can significantly impact homeowners, affecting their monthly budgets and overall financial health. Understanding how these taxes are calculated helps homeowners plan and manage their expenses more effectively.
Average Kildare Tax Bill
$301
Average Cass County Tax Bill
$984
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Kildare, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75562 | $54 | $103 | $301 | $606 | $1,247 |
Source: Ownwell