Nordheim, Texas Property Taxes
The median property tax rate in Nordheim, TX is 1.23%, which is notably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Nordheim at $86,580, the typical annual property tax bill is $912, falling below the national median of $2,690. Property taxes in Nordheim are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Nordheim'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 Nordheim 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
Nordheim, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$1,065
$988
Ownwell's Nordheim Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Nordheim. By simply entering your property's estimated assessed value, the calculator applies the median tax rate for Nordheim to give you an accurate estimate of your property tax bill. This powerful tool helps you understand your potential tax liabilities with ease. For those interested in more granular details, neighborhood-level trends are available further down the page. Your property's assessed value is determined by DeWitt County for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Nordheim, Texas
Property taxes in Nordheim, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Nordheim is 1.23%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Nordheim set these rates annually, and they can vary significantly across different neighborhoods. Each year, Nordheim 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 Nordheim's effective property tax rate to other counties in Texas and the national median. For comparison, the 78141 zip code has the highest median property tax rate of 1.23%, while the same zip code also has the lowest median tax rate of 1.23%. Understanding how these cities compare with Nordheim 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 Nordheim Tax Rate
1.23%
Average Dewitt County Tax Rate
1.51%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nordheim, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78141 | 0.75% | 1.05% | 1.23% | 1.57% | 1.57% |
Source: Ownwell
Property Tax Assessment Values Across Nordheim, Texas
In Nordheim, 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 Nordheim, 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 Nordheim helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $912.00, found in the 78141 zip code, while the lowest median tax bill is also $912.00 in the same zip code.
Average Nordheim Assessed Value
$86,580
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 Nordheim, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78141 | $7,805 | $35,358 | $86,580 | $142,355 | $318,415 |
Source: Ownwell
Property Tax Bills Across Nordheim, Texas
In Nordheim, DeWitt County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district and reflects the market value of the property. The tax rate is set by local taxing authorities, including school districts, municipalities, and other local entities. For a median home price of $86,580, homeowners can expect varying tax bills. The 25th percentile tax bill is around $417, which means that 25% of homeowners pay less than this amount. On the higher end, the 75th percentile tax bill is approximately $1,526, and the 90th percentile tax bill reaches up to $2,616. These figures indicate a range of what homeowners might owe, depending on their property's assessed value and applicable exemptions. Compared to the national median property tax rate of 0.99%, the property tax burden in Nordheim can be relatively moderate but varies significantly across different properties. This variability affects homeowners' financial planning and can influence decisions on buying or selling property in the area.
Average Nordheim Tax Bill
$912
Average Dewitt County Tax Bill
$1,417
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Nordheim, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78141 | $99 | $417 | $912 | $1,526 | $2,616 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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DeWitt Appraisal District | |
Website | www.dewittcad.org |