Reklaw, Texas Property Taxes
The median property tax rate in Reklaw, TX is 1.09%, slightly above the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Reklaw at $114,810, the typical annual property tax bill amounts to $1,215, which is below the national median of $2,690. Property taxes in Reklaw are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural use. Navigating Reklaw's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're in the heart of Reklaw or elsewhere in Cherokee County, understanding the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Reklaw, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$1,251
$1,161
Ownwell’s Reklaw Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Reklaw with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Reklaw 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 Cherokee County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Reklaw, Texas
Property taxes in Reklaw, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Reklaw is 1.09%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Reklaw set these rates annually, and they can vary significantly across different neighborhoods. Each year, Reklaw 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 Reklaw's effective property tax rate to other counties in Texas and the national median. For comparison, the 75784 zip code has the highest median property tax rate of 1.09%, while the 75784 zip code also has the lowest median tax rate of 1.09%. Understanding how these cities compare with Reklaw provides valuable insights into the varying tax landscape across Cherokee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Reklaw Tax Rate
1.09%
Average Cherokee County Tax Rate
1.52%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Reklaw, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75784 | 0.55% | 0.87% | 1.09% | 1.27% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Reklaw, Texas
In Reklaw, 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 Cherokee 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. 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 Reklaw helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Reklaw both stand at $1,215, found in zip code 75784.
Average Reklaw Assessed Value
$114,810
Average Cherokee County Assessed Value
$121,540
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Reklaw, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75784 | $9,730 | $52,450 | $114,810 | $223,810 | $448,100 |
Source: Ownwell
Property Tax Bills Across Reklaw, Texas
In Reklaw, Cherokee County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $114,810, homeowners can expect varying tax bills depending on their property’s specific valuation and the applicable tax rate. The tax bill for homeowners in Reklaw typically falls within a range, with the 25th percentile at $546 and the 75th percentile at $2,138. For those at the higher end, the 90th percentile tax bill can reach up to $3,837. This variation is influenced by factors such as property size, location, and any exemptions that may apply. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding local tax burdens. Homeowners in Reklaw must consider these factors when budgeting for their annual property taxes, as it directly impacts their financial planning and homeownership costs.
Average Reklaw Tax Bill
$1,215
Average Cherokee County Tax Bill
$1,611
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Reklaw, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75784 | $92 | $546 | $1,215 | $2,138 | $3,837 |
Source: 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 | |
|---|---|
| Cherokee Appraisal District | |
| Website | propaccess.trueautomation.com |