Waxahachie, Texas Property Taxes
The median property tax rate in Waxahachie, TX is 1.35%, 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 $345,720, the typical annual property tax bill in Waxahachie amounts to $4,601, surpassing the national median of $2,690. Property taxes here are determined based on the assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural land. By understanding Waxahachie'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 Waxahachie or another part of Ellis County, gaining insight into the local property tax system is beneficial.
Last Updated June 14, 2024
Waxahachie, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.35%
Estimate Property Tax Bill
$4,667
$4,319
$1,148
Average Waxahachie, Texas Tax Savings
Ownwell’s Waxahachie Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Waxahachie with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Waxahachie 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 Waxahachie. 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 Waxahachie, Texas
Property taxes in Waxahachie, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Waxahachie is 1.35%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Waxahachie set these rates annually, and they can vary significantly across different neighborhoods. Each year, Waxahachie 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 Waxahachie's effective property tax rate to other counties in Texas and the national median. For comparison, the 75165 zip code has the highest median property tax rate of 1.43%, while the 75167 zip code has the lowest median tax rate of 1.09%. Understanding how these cities compare with Waxahachie provides valuable insights into the varying tax landscape across Ellis County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Waxahachie Tax Rate
1.35%
Average Ellis County Tax Rate
1.33%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Waxahachie, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75165 | 0.50% | 0.97% | 1.43% | 1.72% | 1.96% |
| 75167 | 0.49% | 0.90% | 1.09% | 1.37% | 1.59% |
Source: Ownwell
$1,148
Average Waxahachie Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Waxahachie, Texas
In Waxahachie, 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 Ellis 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 Waxahachie, 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. The median home price in Waxahachie is $345,720, with tax bills ranging from $2,567 at the 25th percentile to $8,002 at the 90th percentile. The highest median tax bill is $5,249 in the 75167 zip code, while the lowest is $4,438 in the 75165 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Waxahachie Assessed Value
$345,720
Average Ellis County Assessed Value
$332,264
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Waxahachie, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75165 | $98,579 | $232,705 | $327,451 | $434,248 | $550,013 |
| 75167 | $125,000 | $316,486 | $444,483 | $594,750 | $704,491 |
Source: Ownwell
$1,148
Average Waxahachie Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Waxahachie, Texas
In Waxahachie, located in Ellis County, TX, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county appraisal district, which evaluates the market value of homes in the area. Homeowners in Waxahachie face a median property tax bill that varies significantly, with amounts ranging from $2,567 at the 25th percentile to $8,002 at the 90th percentile. The highest median tax bill in the area is $5,249 in the 75167 zip code, while the lowest is $4,438 in the 75165 zip code. These rates can significantly impact homeowners, especially when compared to the national median property tax rate of 0.99%. Ownwell can assist homeowners in Waxahachie by providing expert property tax appeal and exemption services. By thoroughly analyzing property assessments and market conditions, Ownwell identifies opportunities for reducing assessed values, helping homeowners potentially save hundreds or even thousands of dollars on their property tax bills.
Average Waxahachie Tax Bill
$4,601
Average Ellis County Tax Bill
$4,181
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Waxahachie, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75165 | $1,031 | $2,464 | $4,438 | $6,254 | $8,003 |
| 75167 | $1,072 | $3,183 | $5,249 | $6,692 | $7,985 |
Source: Ownwell
$1,148
Average Waxahachie 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 | |
|---|---|
| Ellis Appraisal District | |
| Phone | (972) 825-5150 |
| Website | www.elliscad.com |
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