Celina, Texas Property Taxes
The median property tax rate in Celina, TX is 2.06%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Celina at $496,234, the typical annual property tax bill reaches $8,984, far exceeding the national median of $2,690. Property taxes in Celina are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Celina'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 Celina 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
Celina, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.06%
Estimate Property Tax Bill
$10,222
$9,458
$1,148
Average Celina, Texas Tax Savings
Ownwell’s Celina Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Celina with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Celina to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Celina. 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 Celina, Texas
Property taxes in Celina, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Celina is 2.06%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Celina set these rates annually, and they can vary significantly across different neighborhoods. Each year, Celina 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 Celina's effective property tax rate to other counties in Texas and the national median. For comparison, the 75009 zip code has the highest median property tax rate of 2.06%, while the 75009 zip code has the lowest median tax rate of 2.06%. Understanding how these cities compare with Celina provides valuable insights into the varying tax landscape across Collin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Celina Tax Rate
2.06%
Average Collin County Tax Rate
1.60%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Celina, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75009 | 1.47% | 1.63% | 2.06% | 2.08% | 2.10% |
Source: Ownwell
$1,148
Average Celina Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Celina, Texas
In Celina, 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 Collin 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 Celina, 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. For instance, the median home price in Celina is $496,234. Homeowners in the 25th percentile can expect a tax bill around $4,754, while those in the 75th percentile might see a bill closer to $12,368. The highest and lowest median tax bills are the same at $8,984, both in zip code 75009. By understanding 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 Celina helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Celina Assessed Value
$496,234
Average Collin County Assessed Value
$477,029
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Celina, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75009 | $77,500 | $295,876 | $496,234 | $668,543 | $894,382 |
Source: Ownwell
$1,148
Average Celina Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Celina, Texas
In Celina, located in Collin County, TX, property tax bills are calculated based on the assessed value of a home combined with the local tax rate. With a median home price of $496,234, homeowners can expect varying tax bills depending on their property's assessed value. Factors such as property location, market conditions, and any improvements made to the property are considered in the assessment. For instance, the tax bill for the 25th percentile is $4,754, while the 75th percentile reaches $12,368, and the 90th percentile climbs to $15,966. These figures highlight the significant range in property tax obligations within the area. Ownwell can help homeowners in Celina save on their property tax bills by providing expert property tax appeal and exemption services. By analyzing comparable properties and market trends, Ownwell ensures that your property is fairly assessed, potentially lowering your tax liability. Our team of professionals is dedicated to securing the best possible outcomes, helping you reduce your property tax burden effectively.
Average Celina Tax Bill
$8,984
Average Collin County Tax Bill
$7,555
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Celina, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75009 | $1,613 | $4,754 | $8,984 | $12,368 | $15,966 |
Source: Ownwell
$1,148
Average Celina Tax Savings
Save on your property taxes & more with 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 | |
---|---|
Collin Appraisal District | |
Phone | (469) 742-9200 |
Website | esearch.collincad.org |
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