Naples, Texas Property Taxes
The median property tax rate in Naples, TX is 1.50%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Naples at $60,745, the typical annual property tax bill is $616, significantly below the national median of $2,690. Property taxes in Naples are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Navigating Naples' property tax system, exploring available exemptions, and identifying opportunities for reductions can result in considerable annual savings. Whether you reside in the heart of Naples or elsewhere in Cass County, understanding the local property tax system is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Naples, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.5%
Estimate Property Tax Bill
$911
$846
Ownwell’s Naples Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Naples with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Naples 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 Naples, Texas
Property taxes in Naples, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Naples is 1.50%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Naples set these rates annually, and they can vary significantly across different neighborhoods. Each year, Naples 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 Naples' effective property tax rate to other counties in Texas and the national median. For comparison, the 75568 zip code has the highest median property tax rate of 1.50%, while the 75568 zip code also has the lowest median tax rate of 1.50%. Understanding how these cities compare with Naples 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 Naples Tax Rate
1.50%
Average Cass County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Naples, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75568 | 0.47% | 1.33% | 1.50% | 1.50% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Naples, Texas
In Naples, 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 Naples, 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 Naples helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Naples are both $616, found in the 75568 zip code.
Average Naples Assessed Value
$60,745
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 Naples, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75568 | $8,717 | $24,328 | $60,745 | $105,255 | $194,103 |
Source: Ownwell
Property Tax Bills Across Naples, Texas
In Naples, located in Cass County, TX, property tax bills are determined based on the assessed value of a property, which is typically a percentage of its market value. For homeowners in Naples, the median home price stands at $60,745. The property tax rate is applied to this assessed value to calculate the tax bill. Factors such as the property's location, size, and improvements can influence its assessed value. Homeowners in Naples can expect property tax bills to vary significantly. For instance, the 25th percentile tax bill is $277, while the 75th percentile tax bill reaches $1,256. Those in the 90th percentile see tax bills as high as $2,096. Compared to the national median property tax rate of 0.99%, Naples offers a diverse range of tax bills, reflecting the varying property values within the city. This system ensures that property taxes are proportionate to the value of the property, impacting homeowners differently based on their property's assessed value.
Average Naples Tax Bill
$616
Average Cass County Tax Bill
$984
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Naples, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75568 | $98 | $277 | $616 | $1,256 | $2,096 |
Source: Ownwell
Don't miss the deadline to protest!
Dates |
---|
Links | |
---|---|
Cass Appraisal District | |
Website | esearch.casscad.org |