Wallisville, Texas Property Taxes
The median property tax rate in Wallisville, TX is 1.35%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $178,300 in Wallisville, the typical annual property tax bill amounts to $2,240, which is below the national median of $2,690. Property taxes in Wallisville are based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. By understanding Wallisville's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether you're in the heart of Wallisville or another part of Chambers County, a thorough grasp of the local property tax system will prove beneficial.
Last Updated June 14, 2024
Wallisville, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.35%
Estimate Property Tax Bill
$2,407
$2,234
$1,148
Average Tax Savings
Ownwell’s Wallisville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wallisville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wallisville 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 Wallisville. 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 Wallisville, Texas
Property taxes in Wallisville, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wallisville is 1.35%, higher than both the Texas state median of 1.9% and the U.S. national median of 0.99%. Local government entities within Wallisville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wallisville 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 Wallisville's effective property tax rate to other counties in Texas and the national median. For comparison, the 77597 zip code has the highest median property tax rate of 1.35%, while the 77597 zip code also has the lowest median tax rate of 1.35%. Understanding how these cities compare with Wallisville provides valuable insights into the varying tax landscape across Chambers County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Wallisville Tax Rate
1.35%
Average Chambers County Tax Rate
0.41%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wallisville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77597 | 0.35% | 0.75% | 1.35% | 1.76% | 2.30% |
Source: Ownwell
$1,148
Average Wallisville Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Wallisville, Texas
In Wallisville, 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 Chambers 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 Wallisville, 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 Wallisville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For example, the zip code 77597 has the highest and lowest median tax bill, both at $2,240. The 25th percentile tax bill is $751, while the 75th percentile tax bill is $4,539, and the 90th percentile tax bill reaches $7,180.
Average Wallisville Assessed Value
$178,300
Average Chambers County Assessed Value
$279,850
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wallisville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77597 | $32,006 | $86,380 | $178,300 | $344,200 | $480,834 |
Source: Ownwell
$1,148
Average Wallisville Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Wallisville, Texas
In Wallisville, located in Chambers County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district and is often a percentage of the market value. Homeowners in Wallisville face varying tax bills, with the 25th percentile at $751 and the 90th percentile reaching up to $7,180. This can significantly impact household budgets, especially when compared to the national median property tax rate of 0.99%. Several factors influence the tax bill, including property size, location, and improvements made to the property. High property taxes can be a burden, but Ownwell offers a solution. Our experts analyze your property assessment and identify discrepancies or overvaluations. By filing accurate and effective appeals, Ownwell helps homeowners in Wallisville potentially reduce their tax bills, ensuring they only pay their fair share. This service can lead to substantial savings, providing financial relief and peace of mind.
Average Wallisville Tax Bill
$2,240
Average Chambers County Tax Bill
$1,206
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Wallisville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77597 | $261 | $751 | $2,240 | $4,539 | $7,180 |
Source: Ownwell
$1,148
Average Wallisville 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 | |
|---|---|
| Chambers Appraisal District | |
| Website | www.chamberscad.org |
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