Dimmit County Property Taxes
The median property tax rate in Dimmit County is 1.61%, which is significantly higher than the national median of 0.99% but slightly lower than the Texas state median of 1.67%. With the median home value in Dimmit County, the typical annual property tax bill reaches $847, which is well below the national median of $2,690. Property taxes in Dimmit County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Dimmit County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Carrizo Springs or another part of Dimmit County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dimmit County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.61%
Estimate Property Tax Bill
$834
$774
Ownwell’s Dimmit County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Dimmit County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Dimmit County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Dimmit County, Texas
Property taxes in Dimmit County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Dimmit County is 1.61%, which is higher than both the Texas state median of 1.60% and the U.S. national median of 0.99%. Local government entities within Dimmit County set these rates annually, and they can vary significantly between different areas within the county. Each year, Dimmit County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Dimmit County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Carrizo Springs has one of the higher property tax rates in Texas at 1.90%, while the city of Catarina boasts one of the lowest at 1.21%. Analyzing how Dimmit County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Dimmit County Tax Rate
1.61%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dimmit County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Asherton | 1.48% | 1.59% | 1.61% | 1.61% | 1.61% |
Big Wells | 1.21% | 1.57% | 1.60% | 1.60% | 1.60% |
Carrizo Springs | 1.21% | 1.21% | 1.90% | 1.92% | 1.92% |
Catarina | 1.15% | 1.21% | 1.21% | 1.21% | 1.21% |
Crystal City | 1.19% | 1.20% | 1.21% | 1.21% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Dimmit County, Texas
In Dimmit County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Dimmit County Appraisal District. The assessed value, however, 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 Dimmit County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, Carrizo Springs has the highest median tax bill at $1,015, while Catarina has the lowest at $302. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Dimmit County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Dimmit County Assessed Value
$51,790
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dimmit County, Texas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Asherton | $5,110 | $13,838 | $36,616 | $65,217 | $101,151 |
Big Wells | $3,450 | $14,536 | $43,860 | $67,265 | $92,766 |
Carrizo Springs | $9,799 | $29,824 | $59,564 | $98,502 | $150,276 |
Catarina | $7,890 | $13,212 | $25,600 | $42,838 | $70,413 |
Crystal City | $7,469 | $20,970 | $71,766 | $127,836 | $150,261 |
Source: Ownwell
Property Tax Bills Across Dimmit County, Texas
In Dimmit County, TX, property tax bills are determined by assessing the market value of a home and applying the local tax rate to this value. The median home price in the county is $51,790, which serves as a base for calculating property taxes. Various factors, such as property size, location, and improvements, are considered in the assessment process. For instance, homeowners in Carrizo Springs face the highest median tax bill at $1,015, while those in Catarina experience the lowest at $302. The tax bill can vary widely, with the 25th percentile at $355 and the 75th percentile reaching $1,528. At the 90th percentile, the tax bill can go up to $2,320. These variations affect homeowners differently, depending on their property's assessed value and the specific tax rates applied. Compared to the national median property tax rate of 0.99%, Dimmit County's rates reflect local economic conditions and funding needs for public services. This system ensures that property taxes are proportionate to property values, impacting homeowners' financial planning and obligations.
Average Dimmit County Tax Bill
$847
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Dimmit County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Asherton | $80 | $218 | $567 | $1,030 | $1,628 |
Big Wells | $55 | $211 | $633 | $1,045 | $1,393 |
Carrizo Springs | $145 | $464 | $1,015 | $1,723 | $2,559 |
Catarina | $102 | $169 | $302 | $494 | $847 |
Crystal City | $90 | $253 | $867 | $1,517 | $1,788 |
Source: Ownwell