Clyde, Texas Property Taxes
The median property tax rate in Clyde, TX is 1.98%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $14,500 in Clyde, the typical annual property tax bill is $287, which is well below the national median of $2,690. Property taxes in Clyde are calculated based on the tax assessed value, often lower than the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Clyde's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Clyde or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clyde, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.98%
Estimate Property Tax Bill
$287
$266
Ownwell’s Clyde Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clyde with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clyde 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 Clyde, Texas
Property taxes in Clyde, Texas, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Clyde is 1.98%, significantly higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Clyde set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clyde 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 Clyde's effective property tax rate to other counties in Texas and the national median. For comparison, the 79510 zip code has the highest median property tax rate of 1.98%, while the 79510 zip code also has the lowest median tax rate of 1.98%. Understanding how these cities compare with Clyde provides valuable insights into the varying tax landscape across Coleman, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clyde Tax Rate
1.98%
Average Coleman County Tax Rate
2.45%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clyde, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79510 | 1.98% | 1.98% | 1.98% | 1.98% | 1.98% |
Source: Ownwell
Property Tax Assessment Values Across Clyde, Texas
In Clyde, 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 local 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 Clyde, 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 Clyde helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Clyde is $287 in the 79510 zip code, while the lowest is also $287 in the same zip code, reflecting a consistency in tax assessments across the area.
Average Clyde Assessed Value
$14,500
Average Coleman County Assessed Value
$44,875
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clyde, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79510 | $1,858 | $6,455 | $14,500 | $34,310 | $75,230 |
Source: Ownwell
Property Tax Bills Across Clyde, Texas
In Clyde, located in Coleman County, TX, property tax bills are calculated based on the assessed value of a home, which is then multiplied by the local tax rate. The median home price in Clyde is $14,500. Homeowners in this area can expect a wide range of property tax bills, with the 25th percentile at $128 and the 75th percentile reaching up to $679. For those at the 90th percentile, tax bills can soar to $1,489. The highest median tax bill recorded in the area is $287, specifically in the 79510 zip code. Several factors influence these tax bills, including the assessed value of the property, local tax rates, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Clyde's property tax rates offer a distinct perspective for homeowners. Understanding these elements can help homeowners better anticipate their annual financial obligations and plan accordingly.
Average Clyde Tax Bill
$287
Average Coleman County Tax Bill
$898
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Clyde, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79510 | $37 | $128 | $287 | $679 | $1,489 |
Source: Ownwell