Celina, Denton County, Texas Property Taxes

Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Celina, located in Denton County, the effective property tax rate stands out when compared to other cities in Texas. The median property tax rate in Texas is 1.43%, notably higher than the national median of 1.02%. Celina's rate is reflective of the state's median, indicating a significant contribution to local budgets through property taxes. This is an important consideration for property owners in Celina, as it impacts the overall cost of owning property in the area. Understanding these rates can help property owners make informed decisions and potentially explore opportunities for appeals or exemptions. Comparing Celina’s effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S. provides valuable insight into the local tax landscape.

In Celina, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. In Denton County, where Celina is located, the median property tax bill is $7,445, significantly higher than the national median of $2,400. Factors such as the local school district, municipal services, and infrastructure projects contribute to these rates. Homeowners in Celina face tax bills that range from the 25th percentile at $6,263 to the 90th percentile at $9,799, reflecting the variability in property values and tax rates.

Ownwell assists homeowners by providing property tax appeal and exemption services. By analyzing local property assessments and comparable market data, Ownwell identifies opportunities for reducing the assessed value of a home, potentially lowering the tax bill. This service can lead to substantial savings, offering homeowners financial relief in a region where property taxes are notably higher than the national average.