Aubrey, Texas Property Taxes
The median property tax rate in Aubrey, TX is 1.91%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Aubrey, the typical annual property tax bill reaches $7,858, exceeding the national median of $2,690. Property taxes in Aubrey 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 Aubrey'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 Aubrey 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
Aubrey, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Aubrey, Texas Tax Savings
Ownwell’s Aubrey Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Aubrey with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Aubrey 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 Aubrey. 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 Aubrey, Texas
Property taxes in Aubrey, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Aubrey is 1.91%, significantly higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Aubrey set these rates annually, and they can vary significantly across different neighborhoods. Each year, Aubrey 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 Aubrey's effective property tax rate to other counties in Texas and the national median. For comparison, the 76227 zip code has the highest median property tax rate of 1.91%, while the same zip code also has the lowest median tax rate of 1.91%. Understanding how these cities compare with Aubrey provides valuable insights into the varying tax landscape across Denton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Aubrey Tax Rate
1.91%
Average Denton County Tax Rate
1.65%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Aubrey, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76227 | 1.46% | 1.70% | 1.91% | 2.24% | 2.41% |
Source: Ownwell
$1,148
Average Aubrey Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Aubrey, Texas
In Aubrey, 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 Denton 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 Aubrey, 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. The median home price in the area stands at $406,613. The 25th percentile tax bill is $6,278, while the 75th percentile tax bill reaches $9,655 and the 90th percentile is $11,657. 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 Aubrey helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Aubrey Assessed Value
$406,613
Average Denton County Assessed Value
$444,000
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Aubrey, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76227 | $297,000 | $349,757 | $406,613 | $482,194 | $575,456 |
Source: Ownwell
$1,148
Average Aubrey Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Aubrey, Texas
In Aubrey, Denton County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local appraisal district and reflects the market value of the property. The tax rate, set by local taxing authorities, is then applied to this assessed value to determine the annual tax bill. For instance, with a median home price of $406,613, homeowners in Aubrey face significant property tax bills. The 25th percentile tax bill is $6,278, while the 75th percentile reaches $9,655, and the 90th percentile can be as high as $11,657. These high property taxes can be a burden for homeowners, but Ownwell can help alleviate this by providing expert property tax appeal services. By challenging over-assessed property values and ensuring all applicable exemptions are applied, Ownwell helps homeowners reduce their tax bills. This service can result in substantial savings, making homeownership more affordable in Aubrey.
Average Aubrey Tax Bill
$7,858
Average Denton County Tax Bill
$7,425
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Aubrey, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76227 | $4,995 | $6,278 | $7,858 | $9,655 | $11,657 |
Source: Ownwell
$1,148
Average Aubrey 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 | |
|---|---|
| Denton Appraisal District | |
| Phone | (940) 349-3910 |
| Website | esearch.dentoncad.com |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.