Bronte, Texas Property Taxes
The median property tax rate in Bronte, TX is 1.52%, which is higher than the national median of 0.99% but slightly lower than the Texas state median of 1.67%. With a median home value of $77,425 in Bronte, the typical annual property tax bill amounts to $1,073, falling below the national median of $2,690. Property taxes in Bronte are calculated based on the assessed value, which often is less than the market value due to exemptions such as the primary residence and agricultural exemptions. Gaining a thorough understanding of Bronte'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 Bronte 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
Bronte, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Bronte Property Tax Bill Calculator aids homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Bronte with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bronte 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 Bronte, Texas
Property taxes in Bronte, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bronte is 1.52%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Bronte set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bronte 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 Bronte's effective property tax rate to other counties in Texas and the national median. For comparison, the 76933 zip code has the highest median property tax rate of 1.52%, while the 76933 zip code also has the lowest median tax rate of 1.52%. Understanding how these cities compare with Bronte 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 Bronte Tax Rate
1.52%
Average Coke County Tax Rate
1.40%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bronte, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76933 | 0.80% | 1.14% | 1.52% | 1.89% | 2.12% |
Source: Ownwell
Property Tax Assessment Values Across Bronte, Texas
In Bronte, 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 Bronte, 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 Bronte 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 $1073, found in the 76933 zip code.
Average Bronte Assessed Value
$77,425
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 Bronte, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76933 | $22,075 | $43,875 | $77,425 | $116,050 | $175,860 |
Source: Ownwell
Property Tax Bills Across Bronte, Texas
In Bronte, located in Coke 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. The local tax rate is then applied to this assessed value to calculate the annual tax bill. Several factors influence the final tax bill, including the home's location, size, and condition, as well as any applicable exemptions. For homeowners in Bronte, the median home price is $77,425. Property tax bills can vary significantly, with the 25th percentile at $498 and the 75th percentile at $1,723. At the 90th percentile, tax bills can reach up to $2,475. These figures highlight the range of potential tax liabilities faced by homeowners in the area. Compared to the national median property tax rate of 0.99%, Bronte's property tax rates can have a substantial impact on household budgets, making it crucial for homeowners to understand how their tax bills are determined and what factors might influence them.
Average Bronte Tax Bill
$1,073
Average Coke County Tax Bill
$660
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Bronte, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76933 | $273 | $498 | $1,073 | $1,723 | $2,475 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Coke Appraisal District | |
Website | esearch.cokecad.org |