Bellevue, Clay County, Texas Property Taxes
The median property tax rate in Bellevue, TX is 1.61%, which is higher than the national median of 0.99% but slightly below the Texas state median of 1.67%. With a median home value of $78,700, the typical annual property tax bill in Bellevue amounts to $1,307, which is lower than the national median of $2,690. Property taxes in Bellevue are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Bellevue'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 Bellevue 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
Bellevue, Clay County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.61%
Estimate Property Tax Bill
$1,267
$1,176
Ownwell’s Bellevue Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bellevue with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bellevue 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 Bellevue, Clay County, Texas
Property taxes in Bellevue, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bellevue is 1.61%, higher than both the Texas state median of 1.60% and the U.S. national median of 0.99%. Local government entities within Bellevue set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bellevue 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 Bellevue's effective property tax rate to other counties in Texas and the national median. For comparison, the 76228 zip code has the highest median property tax rate of 1.61%, while the same zip code also has the lowest median tax rate of 1.61%. Understanding how these cities compare with Bellevue provides valuable insights into the varying tax landscape across Clay County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bellevue Tax Rate
1.61%
Average Clay County Tax Rate
1.65%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bellevue, Clay County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76228 | 1.02% | 1.61% | 1.61% | 1.87% | 1.87% |
Source: Ownwell
Property Tax Assessment Values Across Bellevue, Clay County, Texas
In Bellevue, 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 Clay 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 Bellevue, 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 Bellevue helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,307 in the 76228 zip code, while the lowest is also $1,307 in the same zip code.
Property Tax Assessment Values Across Bellevue, Clay County, Texas
Source: Ownwell
$43,560
$111,915
$180,270
Average Bellevue Assessed Value
$78,700
Average Clay County Assessed Value
$87,850
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bellevue, Clay County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76228 | $6,340 | $28,150 | $78,700 | $172,760 | $273,850 |
Source: Ownwell
Property Tax Bills Across Bellevue, Clay County, Texas
In Bellevue, Clay 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, which evaluates the property's market value. Homeowners in Bellevue experience a range of tax bills, influenced by the home's market value and the specific tax rates set by local taxing authorities. For example, the median home price in Bellevue is $78,700. Homeowners at the 25th percentile can expect a tax bill around $446, while those at the 75th percentile may see a tax bill of approximately $2,578. At the 90th percentile, the tax bill can rise to about $3,970. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding local tax burdens. These property taxes fund essential community services such as schools, public safety, and infrastructure. As a result, the amount homeowners pay directly impacts the quality of services they receive, making it crucial for them to understand how their tax bills are calculated and managed.
Average Bellevue Tax Bill
$1,307
Average Clay County Tax Bill
$1,547
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Bellevue, Clay County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76228 | $113 | $446 | $1,307 | $2,578 | $3,970 |
Source: Ownwell