Meyersville, Texas Property Taxes
The median property tax rate in Meyersville, TX is 1.04%, slightly higher than the national median of 0.99% but significantly lower than the Texas state median of 1.67%. With a median home value of $154,035 in Meyersville, the typical annual property tax bill amounts to $1,212, which is below the national median of $2,690. Property taxes in Meyersville are determined based on the tax assessed value, which is often less than the market value due to various exemptions such as the primary residence and agricultural exemptions. By understanding Meyersville's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve significant annual savings. Whether you reside in Meyersville or another part of DeWitt County, gaining insight into the local property tax system is essential for maximizing financial benefits and reducing overall tax burdens.
Last Updated June 14, 2024
Meyersville, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$1,602
$1,487
Ownwell’s Meyersville Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, or potential buyers looking to estimate their annual property taxes in Meyersville. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Meyersville to provide an accurate estimate of your property tax bill. This user-friendly tool offers a clear understanding of your potential tax liabilities. For those interested in more granular data, you can explore trends at the neighborhood level by scrolling down. Your property’s assessed value is determined by DeWitt County for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Meyersville, Texas
Property taxes in Meyersville, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Meyersville is 1.04%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Meyersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Meyersville 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 Meyersville's effective property tax rate to other counties in Texas and the national median. For comparison, the 77974 zip code has the highest median property tax rate of 1.04%, while the same zip code also has the lowest median tax rate of 1.04%. Understanding how these cities compare with Meyersville provides valuable insights into the varying tax landscape across DeWitt County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Meyersville Tax Rate
1.04%
Average Dewitt County Tax Rate
1.51%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Meyersville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77974 | 0.44% | 0.74% | 1.04% | 1.25% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Meyersville, Texas
In Meyersville, 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 DeWitt 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 Meyersville, 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. Being aware of these valuation processes in Meyersville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 77974 has the highest median tax bill at $1,212, while the lowest median tax bill is also $1,212.
Average Meyersville Assessed Value
$154,035
Average Dewitt County Assessed Value
$108,795
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Meyersville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77974 | $26,919 | $82,968 | $154,035 | $277,668 | $465,849 |
Source: Ownwell
Property Tax Bills Across Meyersville, Texas
In Meyersville, located in DeWitt County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. The median home price in Meyersville is $154,035. Property taxes are then calculated by applying the local tax rate to this assessed value. Homeowners in Meyersville experience varying tax bills, with the 25th percentile paying around $706 annually and the 75th percentile paying approximately $1,986. For those in the 90th percentile, tax bills can reach up to $3,395. Several factors influence these tax bills, including property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Meyersville's rates can be considered relatively moderate. This variability in tax bills significantly impacts homeowners by affecting their annual financial obligations and overall cost of living. Understanding these factors helps homeowners anticipate their tax liabilities and manage their budgets more effectively.
Average Meyersville Tax Bill
$1,212
Average Dewitt County Tax Bill
$1,417
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Meyersville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77974 | $331 | $706 | $1,212 | $1,986 | $3,395 |
Source: 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 | |
|---|---|
| DeWitt Appraisal District | |
| Website | www.dewittcad.org |