Canutillo, Texas Property Taxes
The median property tax rate in Canutillo, TX is 1.38%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $85,085 in Canutillo, the typical annual property tax bill is $673, significantly below the national median of $2,690. Property taxes in Canutillo are calculated based on the assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Canutillo's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Canutillo or another part of El Paso County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Canutillo, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.38%
Estimate Property Tax Bill
$1,174
$1,090
$1,148
Average Tax Savings
Ownwell’s Canutillo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Canutillo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Canutillo 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 Canutillo. 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 Canutillo, Texas
Property taxes in Canutillo, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Canutillo is 1.38%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Canutillo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Canutillo 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 Canutillo's effective property tax rate to other counties in Texas and the national median. For comparison, the 79835 zip code has the highest median property tax rate of 1.38%, while the 79835 zip code has the lowest median tax rate of 1.38%. Understanding how these cities compare with Canutillo provides valuable insights into the varying tax landscape across El Paso County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Canutillo Tax Rate
1.38%
Average El Paso County Tax Rate
1.98%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Canutillo, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79835 | 0.39% | 0.67% | 1.38% | 2.01% | 2.33% |
Source: Ownwell
$1,148
Average Canutillo Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Canutillo, Texas
In Canutillo, 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 El Paso 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 Canutillo, 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 Canutillo helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 79835 has the highest median tax bill at $673, which is the same as the lowest median tax bill in the area.
Average Canutillo Assessed Value
$85,085
Average El Paso County Assessed Value
$183,860
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Canutillo, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79835 | $6,928 | $18,876 | $85,085 | $203,213 | $301,068 |
Source: Ownwell
$1,148
Average Canutillo Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Canutillo, Texas
Property tax bills in Canutillo, located in El Paso County, TX, are calculated based on the assessed value of a property and the local tax rate. The assessed value is a percentage of the property's market value, which is determined by the county appraisal district. This value, combined with the local tax rate, determines the annual property tax bill. For example, with a median home price of $85,085 in Canutillo, property taxes can vary significantly. The tax bill at the 25th percentile is $256, while it can reach up to $4,402 at the 90th percentile. These taxes can be a significant burden for homeowners, but Ownwell can help reduce this load. By providing expert property tax appeal and exemption services, Ownwell ensures that homeowners are not overpaying. Our team analyzes your property’s assessed value, compares it with similar properties, and identifies any discrepancies. This thorough approach can lead to substantial savings, making property ownership more affordable and less stressful.
Average Canutillo Tax Bill
$673
Average El Paso County Tax Bill
$3,416
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Canutillo, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79835 | $92 | $256 | $673 | $2,101 | $4,402 |
Source: Ownwell
$1,148
Average Canutillo 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 | |
|---|---|
| El Paso Appraisal District | |
| Phone | (915) 780-2000 |
| Website | epcad.org |
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