Bellaire, Texas Property Taxes
The median property tax rate in Bellaire, TX is 1.80%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Bellaire, the typical annual property tax bill reaches $2,229, which is below the national median of $2,690. Property taxes in Bellaire 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 Bellaire'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 Bellaire 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
Bellaire, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.8%
Estimate Property Tax Bill
$2,224
$2,063
$1,148
Average Tax Savings
Ownwell’s Bellaire Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bellaire with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bellaire 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 Bellaire. 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 Bellaire, Texas
Property taxes in Bellaire, Texas, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Bellaire is 1.80%, significantly higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Bellaire set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bellaire 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 Bellaire's effective property tax rate to other counties in Texas and the national median. For comparison, the 77402 zip code has the highest median property tax rate of 1.80%, while the same zip code also has the lowest median tax rate of 1.80%. Understanding how these cities compare with Bellaire 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 Bellaire Tax Rate
1.80%
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 Bellaire, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77402 | 1.80% | 1.80% | 1.80% | 1.80% | 1.80% |
Source: Ownwell
$1,148
Average Bellaire Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Bellaire, Texas
In Bellaire, 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 Bellaire, 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. Bellaire has a median home price of $123,533, and the highest median tax bill is $2,229 in the 77402 zip code, which is also the lowest median tax bill. Being aware of these valuation processes in Bellaire helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bellaire Assessed Value
$123,533
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 Bellaire, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77402 | $123,533 | $123,533 | $123,533 | $123,533 | $123,533 |
Source: Ownwell
$1,148
Average Bellaire Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Bellaire, Texas
In Bellaire, Fort Bend County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $123,533, homeowners face property tax bills that can vary significantly. The tax bill at the 25th, 75th, and 90th percentiles is $2,229, which is considerably higher than the national median property tax rate of 0.99%. This high tax burden can be a significant financial strain for homeowners. Several factors influence the property tax bill, including the home's assessed value, local tax rates, and any applicable exemptions. These elements combine to determine the final amount owed, impacting homeowners' annual expenses. Ownwell can assist homeowners in Bellaire by appealing their property tax assessments and identifying potential exemptions. By leveraging expert knowledge and local insights, Ownwell helps reduce property tax bills, ensuring homeowners only pay their fair share. This service can lead to substantial savings, easing the financial load of property ownership in Bellaire.
Average Bellaire Tax Bill
$2,229
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 Bellaire, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77402 | $2,229 | $2,229 | $2,229 | $2,229 | $2,229 |
Source: Ownwell
$1,148
Average Bellaire 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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