Warda, Texas Property Taxes
The median property tax rate in WARDA, TX is 1.05%, slightly higher than the national median of 0.99% but below the Texas state median of 1.67%. With a median home value of $322,275 in WARDA, the typical annual property tax bill amounts to $2,952, which is above the national median of $2,690. Property taxes in WARDA are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Navigating WARDA'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 WARDA or another part of Fayette County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Warda, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$3,384
$3,131
Ownwell’s WARDA Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in WARDA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in WARDA 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 Warda, Texas
Property taxes in WARDA, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in WARDA is 1.05%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within WARDA set these rates annually, and they can vary significantly across different neighborhoods. Each year, WARDA 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 WARDA's effective property tax rate to other counties in Texas and the national median. For comparison, the 78960 zip code has the highest median property tax rate of 1.05%, while the 78960 zip code also has the lowest median tax rate of 1.05%. Understanding how these cities compare with WARDA 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 Warda Tax Rate
1.05%
Average Fayette County Tax Rate
1.14%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Warda, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78960 | 0.46% | 0.96% | 1.05% | 1.24% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Warda, Texas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in WARDA, Texas. 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 WARDA, 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 zip code 78960 has both the highest and lowest median tax bill, valued at $2,952. 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 WARDA helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Warda Assessed Value
$322,275
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 Warda, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78960 | $18,799 | $200,415 | $322,275 | $509,918 | $673,079 |
Source: Ownwell
Property Tax Bills Across Warda, Texas
In WARDA, located in Fayette County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. The median home price in this area is $322,275, and the property tax rate is applied to this assessed value to calculate the annual tax bill. Several factors influence the final tax bill, including the assessed value of the property, local tax rates, and any applicable exemptions. For homeowners in WARDA, the 25th percentile tax bill is $1,961, while the 75th percentile tax bill reaches $3,905. At the higher end, the 90th percentile tax bill is $5,293. The median tax bill in the area is $2,952, which is comparable across different zip codes within the county. These property taxes fund essential public services like schools, infrastructure, and emergency services, directly impacting the quality of life in the community. Therefore, understanding how property tax bills are calculated is crucial for homeowners planning their finances.
Average Warda Tax Bill
$2,952
Average Fayette County Tax Bill
$2,303
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Warda, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78960 | $152 | $1,961 | $2,952 | $3,905 | $5,293 |
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 |