Arcola, Texas Property Taxes
The median property tax rate in Arcola, TX is 1.69%, notably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Arcola, the typical annual property tax bill reaches $820, which is below the national median of $2,690. Property taxes in Arcola are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Arcola'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 Arcola 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
Arcola, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.69%
Estimate Property Tax Bill
$1,166
$1,079
$1,148
Average Arcola, Texas Tax Savings
Ownwell’s Arcola Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Arcola with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Arcola 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 Arcola. 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 Arcola, Texas
Property taxes in Arcola, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arcola is 1.69%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Arcola set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arcola 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 Arcola's effective property tax rate to other counties in Texas and the national median. For comparison, the 77583 zip code has the highest median property tax rate of 1.69%, while the same zip code also has the lowest median tax rate of 1.69%. Understanding how these cities compare with Arcola provides valuable insights into the varying tax landscape across Fort Bend County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arcola Tax Rate
1.69%
Average Fort Bend County Tax Rate
1.70%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arcola, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77583 | 0.48% | 0.93% | 1.69% | 2.37% | 2.37% |
Source: Ownwell
$1,148
Average Arcola Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Arcola, Texas
In Arcola, 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 Fort Bend 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 Arcola, 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 Arcola helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Arcola are both $820, found in the 77583 zip code.
Average Arcola Assessed Value
$68,990
Average Fort Bend County Assessed Value
$370,984
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arcola, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77583 | $18,679 | $27,900 | $68,990 | $196,618 | $257,356 |
Source: Ownwell
$1,148
Average Arcola Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Arcola, Texas
In Arcola, Fort Bend County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The median home price in this area is $68,990, and the tax rate is applied to this assessed value to determine the annual tax bill. Homeowners in Arcola typically see tax bills ranging from $556 at the 25th percentile to $2,692 at the 90th percentile. Factors such as property size, location, and improvements can influence the assessed value, thereby impacting the tax bill. Homeowners in Arcola face property tax bills that can be significant, especially when compared to the national median property tax rate of 0.99%. Ownwell can help homeowners reduce these costs by providing expert property tax appeal and exemption services. By leveraging local market knowledge and tax code expertise, Ownwell can identify discrepancies in assessed values and secure reductions, potentially saving homeowners hundreds or even thousands of dollars annually.
Average Arcola Tax Bill
$820
Average Fort Bend County Tax Bill
$6,331
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Arcola, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77583 | $352 | $556 | $820 | $1,599 | $2,692 |
Source: Ownwell
$1,148
Average Arcola 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 | |
|---|---|
| Fort Bend Appraisal District | |
| Phone | (281) 344-8623 |
| Website | esearch.fbcad.org |
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