Schulenburg, Texas Property Taxes
The median property tax rate in Schulenburg, TX, is 1.22%, which is notably higher than the national median of 0.99% but still below the Texas state median of 1.67%. With a median home value of $188,155 in Schulenburg, the typical annual property tax bill amounts to $1,982, which is less than the national median of $2,690. Property taxes in Schulenburg are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural land. Understanding Schulenburg'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 Schulenburg 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
Schulenburg, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.22%
Estimate Property Tax Bill
$2,295
$2,130
Ownwell’s Schulenburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Schulenburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Schulenburg to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Schulenburg, Texas
Property taxes in Schulenburg, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Schulenburg is 1.22%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Schulenburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Schulenburg 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 Schulenburg's effective property tax rate to other counties in Texas and the national median. For comparison, the 78956 zip code has the highest median property tax rate of 1.22%, while the same 78956 zip code also has the lowest median tax rate of 1.22%. Understanding how these cities compare with Schulenburg provides valuable insights into the varying tax landscape across Fayette County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Schulenburg Tax Rate
1.22%
Average Fayette County Tax Rate
1.14%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Schulenburg, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78956 | 0.38% | 0.89% | 1.22% | 1.46% | 1.46% |
Source: Ownwell
Property Tax Assessment Values Across Schulenburg, Texas
In Schulenburg, 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 Fayette 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 Schulenburg, 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. For instance, the median home price in Schulenburg is $188,155, with tax bills ranging from $1,024 at the 25th percentile to $4,833 at the 90th percentile. The highest and lowest median tax bills are both $1,982, found in the 78956 zip code. 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 Schulenburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Schulenburg Assessed Value
$188,155
Average Fayette County Assessed Value
$251,650
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Schulenburg, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78956 | $35,190 | $90,272 | $188,155 | $411,132 | $782,819 |
Source: Ownwell
Property Tax Bills Across Schulenburg, Texas
In Schulenburg, located in Fayette County, TX, property tax bills are calculated based on the assessed value of the home and the local property tax rate. The assessed value is determined by the local appraisal district, which evaluates the market value of the property. Homeowners in Schulenburg can expect their property tax rates to be influenced by various factors, including the property's location, size, and condition. The median home price in Schulenburg is $188,155. The property tax bill can vary significantly, with the 25th percentile at $1,024 and the 75th percentile at $3,283. For those in the 90th percentile, the tax bill can reach up to $4,833. These figures highlight the range of property tax burdens homeowners might face depending on their property's assessed value. Compared to the national median property tax rate of 0.99%, Schulenburg's rates reflect the broader trends within Texas, where property taxes can be a significant expense for homeowners. Understanding these factors is crucial for homeowners to manage their financial planning effectively.
Average Schulenburg Tax Bill
$1,982
Average Fayette County Tax Bill
$2,303
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Schulenburg, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78956 | $399 | $1,024 | $1,982 | $3,283 | $4,833 |
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 | |
|---|---|
| Fayette Appraisal District | |
| Website | esearch.fayettecad.org |