Kempner, Texas Property Taxes
The median property tax rate in Kempner, TX is 0.66%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $153,970 in Kempner, the typical annual property tax bill amounts to $875, which is notably less than the national median of $2,690. Property taxes in Kempner are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Kempner'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 Kempner or another part of the city, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kempner, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.66%
Estimate Property Tax Bill
$1,016
$943
Ownwell’s Kempner Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kempner with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kempner 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 Kempner, Texas
Property taxes in Kempner, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kempner is 1.31%, higher than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within Kempner set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kempner 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 Kempner's effective property tax rate to other counties in Texas and the national median. For comparison, the 76539 zip code has the highest median property tax rate of 1.31%, while the same zip code also has the lowest median tax rate of 1.31%. Understanding how these cities compare with Kempner provides valuable insights into the varying tax landscape across Coryell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kempner Tax Rate
0.66%
Average Coryell County Tax Rate
1.21%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kempner, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76539 | 0.17% | 0.26% | 0.66% | 1.30% | 1.30% |
Source: Ownwell
Property Tax Assessment Values Across Kempner, Texas
In Kempner, 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 Coryell 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. 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 Kempner helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 76539, with a median tax bill of $875.
Average Kempner Assessed Value
$153,970
Average Coryell County Assessed Value
$187,894
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kempner, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76539 | $55,434 | $98,590 | $153,970 | $241,825 | $357,950 |
Source: Ownwell
Property Tax Bills Across Kempner, Texas
In Kempner, located in Coryell County, TX, property tax bills are determined based on the assessed value of a home, which is derived from the market value. The median home price in Kempner is $153,970. Property taxes are calculated by multiplying the assessed value by the local tax rate, which for Kempner, results in varying tax bills. For instance, homeowners in the 25th percentile pay around $339, while those in the 75th percentile can expect to pay approximately $1,766. In the 90th percentile, tax bills can reach up to $2,686. These tax bills can significantly impact homeowners, influencing their overall cost of living and financial planning. Compared to the national median property tax rate of 0.99%, Kempner's rates reflect the local economic conditions and funding requirements for public services. Notably, the highest and lowest median tax bills in the area are both $875, indicating a relatively consistent tax environment within the city. Understanding these factors helps homeowners anticipate their financial obligations and manage their budgets effectively.
Average Kempner Tax Bill
$875
Average Coryell County Tax Bill
$1,950
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Kempner, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76539 | $209 | $339 | $875 | $1,766 | $2,686 |
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 | |
|---|---|
| Coryell Appraisal District | |
| Website | propertysearch.coryellcad.org |