Combine, Texas Property Taxes
The median property tax rate in COMBINE, TX is 0.78%, which is notably lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in COMBINE at $282,000, the typical annual property tax bill amounts to $2,198, falling below the national median of $2,690. Property taxes in COMBINE are determined based on the tax assessed value, which is often less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding COMBINE'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 COMBINE 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
Combine, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.78%
Estimate Property Tax Bill
$2,200
$2,041
$1,148
Average Tax Savings
Ownwell’s COMBINE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in COMBINE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in COMBINE 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 COMBINE. 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 Combine, Texas
Property taxes in Combine, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Combine is 0.78%, lower than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Combine set these rates annually, and they can vary significantly across different neighborhoods. Each year, Combine 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 Combine's effective property tax rate to other counties in Texas and the national median. For comparison, the 75159 zip code has both the highest and lowest median property tax rate of 0.78%. Understanding how these cities compare with Combine provides valuable insights into the varying tax landscape across Dallas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Combine Tax Rate
0.78%
Average Dallas County Tax Rate
1.71%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Combine, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75159 | 0.78% | 0.78% | 0.78% | 0.78% | 0.78% |
Source: Ownwell
$1,148
Average Combine Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Combine, Texas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Combine, Texas. 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 Dallas 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 Combine, 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. In Combine, the median home price stands at $282,000 with the highest and lowest median tax bills both being $2,198 in zip code 75159. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Combine Assessed Value
$282,000
Average Dallas County Assessed Value
$276,620
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Combine, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75159 | $282,000 | $282,000 | $282,000 | $282,000 | $282,000 |
Source: Ownwell
$1,148
Average Combine Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Combine, Texas
In the city of Combine in Dallas County, TX, property tax bills are calculated based on the assessed value of your home. The median home price here is $282,000, and the property tax rate is applied to this assessed value to determine your tax bill. Factors such as local tax rates and property assessments play crucial roles in determining the final amount. In Combine, the property tax bill at different percentiles, such as the 25th, 75th, and 90th, is consistently $2,198, which is higher than the national median property tax rate of 0.99%. For homeowners, this can mean a significant annual expense. However, Ownwell can help you save on your property tax bills by providing expert property tax appeal and exemption services. Our team reviews your property’s assessed value to ensure it is fair and accurate, potentially lowering your tax bill. By leveraging our expertise, you can achieve substantial savings and reduce the financial burden of property taxes.
Average Combine Tax Bill
$2,198
Average Dallas County Tax Bill
$4,794
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Combine, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75159 | $2,198 | $2,198 | $2,198 | $2,198 | $2,198 |
Source: Ownwell
$1,148
Average Combine 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 | |
---|---|
Dallas Appraisal District | |
Phone | (214) 631-0910 |
Website | www.dallascad.org |
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