Blackwell, Texas Property Taxes
The median property tax rate in Blackwell, TX is 0.76%, which is notably lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $38,210 in Blackwell, the typical annual property tax bill amounts to $363, significantly below the national median of $2,690. Property taxes in Blackwell 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 Blackwell'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 Blackwell 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
Blackwell, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.76%
Estimate Property Tax Bill
$290
$269
Ownwell’s Blackwell Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Blackwell with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Blackwell 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 Blackwell, Texas
Property taxes in Blackwell, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Blackwell is 0.76%, lower than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Blackwell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Blackwell 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 Blackwell's effective property tax rate to other counties in Texas and the national median. For comparison, the 79506 zip code has the highest median property tax rate of 0.76%, while the 79506 zip code also has the lowest median tax rate of 0.76%. Understanding how these cities compare with Blackwell provides valuable insights into the varying tax landscape across Coke County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Blackwell Tax Rate
0.76%
Average Coke County Tax Rate
1.40%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Blackwell, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79506 | 0.57% | 0.65% | 0.76% | 1.30% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across Blackwell, Texas
In Blackwell, 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 Coke 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 Blackwell, 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 Blackwell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both found in zip code 79506, amounting to $363.
Average Blackwell Assessed Value
$38,210
Average Coke County Assessed Value
$57,930
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Blackwell, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79506 | $9,452 | $17,578 | $38,210 | $83,482 | $135,288 |
Source: Ownwell
Property Tax Bills Across Blackwell, Texas
In Blackwell, located in Coke County, TX, property tax bills are calculated based on the assessed value of a property and the local tax rate. The median home price in Blackwell is $38,210. Property taxes are determined by multiplying the assessed value by the local tax rate, which can vary within different jurisdictions. For homeowners in Blackwell, the tax bills can range significantly. The 25th percentile tax bill stands at $167, while the 75th percentile reaches $658. The 90th percentile tax bill can be as high as $1,129. These variations depend on factors such as property location, size, and improvements. Compared to the national median property tax rate of 0.99%, Blackwell’s property tax rates can be relatively moderate, providing some financial relief to homeowners. However, the property tax burden can still impact household budgets, especially for those at the higher end of the tax bill spectrum. Understanding these factors helps homeowners anticipate their annual property tax obligations and plan accordingly.
Average Blackwell Tax Bill
$363
Average Coke County Tax Bill
$660
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Blackwell, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79506 | $84 | $167 | $363 | $658 | $1,129 |
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 | |
|---|---|
| Coke Appraisal District | |
| Website | esearch.cokecad.org |