Robert Lee, Texas Property Taxes
The median property tax rate in Robert Lee, TX is 1.67%, aligning with the state median but significantly higher than the national median of 0.99%. With a median home value of $53,660, the typical annual property tax bill in Robert Lee is $671, which is below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, often lower than market value due to exemptions like those for primary residences and agricultural properties. Understanding Robert Lee'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 Robert Lee or another part of Coke County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Robert Lee, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$896
$832
Ownwell’s ROBERT LEE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ROBERT LEE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ROBERT LEE 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 Robert Lee, Texas
Property taxes in Robert Lee, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Robert Lee is 1.67%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Robert Lee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Robert Lee 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 Robert Lee's effective property tax rate to other counties in Texas and the national median. For comparison, the 76945 zip code has the highest median property tax rate of 1.67%, while the 76945 zip code also has the lowest median tax rate of 1.67%. Understanding how these cities compare with Robert Lee 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 Robert Lee Tax Rate
1.67%
Average Coke County Tax Rate
1.40%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Robert Lee, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76945 | 0.60% | 0.99% | 1.67% | 2.05% | 2.40% |
Source: Ownwell
Property Tax Assessment Values Across Robert Lee, Texas
In Robert Lee, 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 Robert Lee, 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 Robert Lee helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 76945 has both the highest and lowest median tax bills at $671, reflecting the variability in property valuations across the region.
Average Robert Lee Assessed Value
$53,660
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 Robert Lee, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76945 | $9,456 | $19,190 | $53,660 | $97,460 | $154,678 |
Source: Ownwell
Property Tax Bills Across Robert Lee, Texas
In Robert Lee, located in Coke County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Robert Lee is $53,660, which serves as a baseline for determining tax obligations. The local tax rate is applied to this assessed value to calculate the annual tax bill. For example, homeowners in the 25th percentile can expect a tax bill around $299, while those in the 75th percentile may see bills as high as $1,324. At the 90th percentile, tax bills can reach up to $2,145. These variations are influenced by factors such as property improvements, location, and market conditions. The highest and lowest median tax bills in the area are both $671, indicating a uniform rate within the specified zip code. Compared to the national median property tax rate of 0.99%, Robert Lee's rates offer a unique perspective on how local policies impact homeowners financially.
Average Robert Lee Tax Bill
$671
Average Coke County Tax Bill
$660
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Robert Lee, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76945 | $146 | $299 | $671 | $1,324 | $2,145 |
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 |