Quail, Texas Property Taxes
The median property tax rate in Quail, TX is 1.77%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Quail, the typical annual property tax bill reaches $1,019, exceeding the national median of $2,690. Property taxes in Quail 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 Quail'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 Quail 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
Quail, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.77%
Estimate Property Tax Bill
$1,026
$952
Ownwell’s Quail Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Quail with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Quail to provide an accurate property tax bill estimate. This valuable tool helps you understand your potential tax liabilities, ensuring you're well-prepared for any financial obligations. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is the value assigned by the county for property tax calculations, which takes into account any applicable exemptions.
Property Tax Rates Across Quail, Texas
Property taxes in Quail, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Quail is 1.77%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Quail set these rates annually, and they can vary significantly across different neighborhoods. Each year, Quail 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 Quail's effective property tax rate to other counties in Texas and the national median. For comparison, the 79251 zip code has both the highest and lowest median property tax rate of 1.77%. Understanding how these cities compare with Quail provides valuable insights into the varying tax landscape across Collingsworth County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Quail Tax Rate
1.77%
Average Collingsworth County Tax Rate
2.30%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Quail, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79251 | 1.36% | 1.61% | 1.77% | 2.02% | 2.02% |
Source: Ownwell
Property Tax Assessment Values Across Quail, Texas
In Quail, 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 Collingsworth 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 Quail, 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 Quail helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Quail, the zip code 79251 has both the highest and lowest median tax bills at $1,019.
Average Quail Assessed Value
$57,940
Average Collingsworth County Assessed Value
$38,340
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Quail, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79251 | $12,921 | $36,618 | $57,940 | $121,695 | $152,343 |
Source: Ownwell
Property Tax Bills Across Quail, Texas
In Quail, Texas, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in Quail is $57,940, and this value is used as a basis for calculating the tax bill. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Factors such as property size, location, and improvements can affect the assessed value. Homeowners in Quail can expect tax bills to vary significantly. For instance, the 25th percentile tax bill is $571, while the 75th percentile tax bill is $1,903, and the 90th percentile tax bill reaches $2,604. These variations highlight the impact of property characteristics and assessed values on tax liabilities. Compared to the national median property tax rate of 0.99%, Quail's property tax rates can lead to different financial obligations for homeowners, influencing their overall cost of living and financial planning.
Average Quail Tax Bill
$1,019
Average Collingsworth County Tax Bill
$810
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Quail, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79251 | $260 | $571 | $1,019 | $1,903 | $2,604 |
Source: Ownwell