Vancourt, Texas Property Taxes
The median property tax rate in Vancourt, TX is 1.70%, which is considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Vancourt at $153,560, the typical annual property tax bill reaches $2,598, slightly below the national median of $2,690. Property taxes in Vancourt 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 Vancourt'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 Vancourt or another part of Concho County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Vancourt, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Vancourt Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Vancourt with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Vancourt 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 Vancourt, Texas
Property taxes in Vancourt, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Vancourt is 1.70%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Vancourt set these rates annually, and they can vary significantly across different neighborhoods. Each year, Vancourt 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 Vancourt's effective property tax rate to other counties in Texas and the national median. For comparison, the 76955 zip code has the highest median property tax rate of 1.70%, while the 76955 zip code also has the lowest median tax rate of 1.70%. Understanding how these cities compare with Vancourt provides valuable insights into the varying tax landscape across Concho County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Vancourt Tax Rate
1.70%
Average Concho County Tax Rate
1.70%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Vancourt, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76955 | 1.31% | 1.43% | 1.70% | 1.70% | 1.70% |
Source: Ownwell
Property Tax Assessment Values Across Vancourt, Texas
In Vancourt, 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 Concho 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 Vancourt, 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 Vancourt helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the zip code with the highest median tax bill is 76955, amounting to $2,598. Understanding these details can make a significant difference in managing your property taxes efficiently.
Average Vancourt Assessed Value
$153,560
Average Concho County Assessed Value
$75,090
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Vancourt, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76955 | $33,192 | $75,850 | $153,560 | $189,360 | $221,858 |
Source: Ownwell
Property Tax Bills Across Vancourt, Texas
In Vancourt, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor's office. This assessed value is then multiplied by the property tax rate set by Concho County. Homeowners in Vancourt typically see a range of tax bills depending on the value of their property. For example, the tax bill at the 25th percentile is $1,287, while at the 75th percentile, it rises to $2,608. The 90th percentile tax bill can go up to $2,872. Compared to the national median property tax rate of 0.99%, Vancourt homeowners may experience varying financial impacts based on their home values. With the median home price in Vancourt being $153,560, homeowners need to budget accordingly to cover these property taxes. The highest and lowest median tax bills in the area are both $2,598, indicating a relatively consistent tax rate across different neighborhoods within the 76955 zip code. This consistency helps homeowners predict their annual property tax obligations more accurately.
Average Vancourt Tax Bill
$2,598
Average Concho County Tax Bill
$1,196
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Vancourt, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76955 | $563 | $1,287 | $2,598 | $2,608 | $2,872 |
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 | |
|---|---|
| Concho Appraisal District | |
| Website | esearch.conchocad.org |