Keller, Texas Property Taxes
The median property tax rate in Keller, TX is 1.68%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Keller, the typical annual property tax bill reaches $8,383, far exceeding the national median of $2,690. Property taxes in Keller 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 Keller'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 Keller 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
Keller, 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 Keller, Texas Tax Savings
Ownwell’s Keller Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Keller with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Keller 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 Keller. 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 Keller, Texas
Property taxes in Keller, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Keller is 1.68%, higher than both the Texas state median of 1.66% and the U.S. national median of 0.99%. Local government entities within Keller set these rates annually, and they can vary significantly across different neighborhoods. Each year, Keller 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 Keller's effective property tax rate to other counties in Texas and the national median. For comparison, the 76262 zip code has the highest median property tax rate of 1.68%, while the 76262 zip code also has the lowest median tax rate of 1.68%. Understanding how these cities compare with Keller 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 Keller Tax Rate
1.68%
Average Denton County Tax Rate
1.65%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Keller, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76262 | 1.66% | 1.67% | 1.68% | 1.87% | 1.95% |
Source: Ownwell
$1,148
Average Keller Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Keller, Texas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Keller, TX. 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. Assessment notices in Keller 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. For instance, the median home price in Keller is $484,355, with tax bills ranging from $7,933 at the 25th percentile to $10,500 at the 90th percentile. The zip code 76262 has the highest and lowest median tax bill at $8,383. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Keller Assessed Value
$484,355
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 Keller, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76262 | $262,835 | $474,268 | $484,355 | $558,750 | $573,600 |
Source: Ownwell
$1,148
Average Keller Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Keller, Texas
In Keller, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. Factors such as the property's market value, location, and any applicable exemptions are considered. Homeowners in Keller, located in Denton County, face property tax rates that can result in significant annual bills. For instance, the 25th percentile tax bill is $7,933, while the 75th percentile reaches $10,058. The highest median tax bill in Keller is $8,383, notably higher than the national median property tax rate of 0.99%. High property tax bills can be a financial burden for homeowners. This is where Ownwell steps in to help. By offering property tax appeal and exemption services, Ownwell can assist homeowners in potentially reducing their tax liabilities. Our team of experts reviews your property's assessed value and works to challenge any discrepancies, ensuring you only pay what is fair. This service can lead to substantial savings, making homeownership more affordable.
Average Keller Tax Bill
$8,383
Average Denton County Tax Bill
$7,425
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Keller, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76262 | $4,997 | $7,933 | $8,383 | $10,058 | $10,500 |
Source: Ownwell
$1,148
Average Keller 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 |
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