Enloe, Texas Property Taxes
The median property tax rate in Enloe, TX is 2.46%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Enloe at $55,745, the typical annual property tax bill reaches $1,075, exceeding the national median of $2,690. Property taxes in Enloe 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 Enloe'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 Enloe or another part of Delta County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Enloe, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.46%
Estimate Property Tax Bill
$1,371
$1,273
Ownwell’s Enloe Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Enloe with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Enloe 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 Enloe, Texas
Property taxes in Enloe, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Enloe is 2.46%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Enloe set these rates annually, and they can vary significantly across different neighborhoods. Each year, Enloe 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 Enloe's effective property tax rate to other counties in Texas and the national median. For comparison, the 75441 zip code has the highest median property tax rate of 2.46%, while the same zip code also has the lowest median tax rate of 2.46%. Understanding how these cities compare with Enloe provides valuable insights into the varying tax landscape across Delta County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Enloe Tax Rate
2.46%
Average Delta County Tax Rate
2.34%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Enloe, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75441 | 1.31% | 1.77% | 2.46% | 2.46% | 2.46% |
Source: Ownwell
Property Tax Assessment Values Across Enloe, Texas
In Enloe, 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 Delta 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 in Enloe 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 Enloe helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For example, the highest median tax bill in Enloe is $1075, found in zip code 75441. Meanwhile, the lowest median tax bill is also $1075 in the same zip code. This highlights the importance of understanding local property tax dynamics to ensure you're not overpaying.
Average Enloe Assessed Value
$55,745
Average Delta County Assessed Value
$122,915
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Enloe, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75441 | $8,097 | $14,125 | $55,745 | $106,168 | $186,432 |
Source: Ownwell
Property Tax Bills Across Enloe, Texas
In Enloe, located in Delta County, TX, property tax bills are calculated by multiplying the assessed value of a property by the local tax rate. The assessed value is determined by the county appraisal district and reflects the market value of the home. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions. For instance, the median home price in Enloe is $55,745, which serves as a baseline for calculating property taxes. Homeowners in Enloe can expect their property tax bills to vary widely. The 25th percentile tax bill is around $337, while those in the 75th percentile pay approximately $1,872. At the higher end, the 90th percentile tax bill reaches up to $3,026. These variations significantly impact homeowners, especially when compared to the national median property tax rate of 0.99%. Understanding these factors can help homeowners in Enloe better prepare for their annual property tax obligations and potentially explore options for reducing their tax burden.
Average Enloe Tax Bill
$1,075
Average Delta County Tax Bill
$2,570
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Enloe, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75441 | $199 | $337 | $1,075 | $1,872 | $3,026 |
Source: Ownwell