St Paul, Texas Property Taxes
The median property tax rate in St. Paul, TX is 1.69%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in St. Paul at $95,918, the typical annual property tax bill reaches $1,314, exceeding the national median of $2,690. Property taxes in St. Paul are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding St. Paul'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 St. Paul 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
St Paul, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.69%
Estimate Property Tax Bill
$1,621
$1,500
$1,148
Average St Paul, Texas Tax Savings
Ownwell’s St Paul Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in St Paul with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in St Paul 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 St Paul. 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 St Paul, Texas
Property taxes in St. Paul, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in St. Paul is 1.69%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within St. Paul set these rates annually, and they can vary significantly across different neighborhoods. Each year, St. Paul 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 St. Paul's effective property tax rate to other counties in Texas and the national median. For comparison, the 75098 zip code has the highest median property tax rate of 1.69%, while the same zip code also has the lowest median tax rate of 1.69%. Understanding how these cities compare with St. Paul 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 St Paul Tax Rate
1.69%
Average Collin County Tax Rate
1.60%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across St Paul, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75098 | 1.16% | 1.50% | 1.69% | 1.69% | 1.69% |
Source: Ownwell
$1,148
Average St Paul Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across St Paul, Texas
In St. Paul, 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 St. Paul, 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 St. Paul helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in St. Paul is $1,314 in the zip code 75098, while the lowest median tax bill is also $1,314 in the same zip code.
Average St Paul Assessed Value
$95,918
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 St Paul, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75098 | $63,922 | $80,373 | $95,918 | $206,278 | $393,398 |
Source: Ownwell
$1,148
Average St Paul Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across St Paul, Texas
In St. Paul, TX, property tax bills are calculated based on the assessed value of your home and the local tax rate set by Collin County. With a median home price of $95,918, homeowners here face varying tax bills. For instance, the 25th percentile tax bill is $880, while the 75th percentile reaches $3,492, and the 90th percentile climbs to $6,660. These figures are influenced by factors such as property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, St. Paul's rates can significantly impact homeowners' finances. Ownwell can help homeowners in St. Paul save on their property tax bills by providing expert property tax appeal and exemption services. By thoroughly analyzing your property’s assessed value and comparing it with similar properties, Ownwell identifies opportunities to lower your tax obligations. Our experienced consultants guide you through the appeal process, ensuring you receive the most accurate and fair tax assessment possible, ultimately reducing your annual tax burden.
Average St Paul Tax Bill
$1,314
Average Collin County Tax Bill
$7,555
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across St Paul, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75098 | $851 | $880 | $1,314 | $3,492 | $6,660 |
Source: Ownwell
$1,148
Average St Paul 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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