Fulshear, Texas Property Taxes
The median property tax rate in Fulshear, TX is 2.04%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Fulshear at $565,530, the typical annual property tax bill reaches $10,770, far exceeding the national median of $2,690. Property taxes in Fulshear 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 Fulshear'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 Fulshear 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
Fulshear, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.04%
Estimate Property Tax Bill
$11,537
$10,706
$1,148
Average Tax Savings
Ownwell’s Fulshear Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fulshear with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fulshear 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 Fulshear. 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 Fulshear, Texas
Property taxes in Fulshear, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fulshear is 2.04%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Fulshear set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fulshear 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 Fulshear's effective property tax rate to other counties in Texas and the national median. For comparison, the 77441 zip code has the highest median property tax rate of 2.04%, while the 77471 zip code has the lowest median tax rate of 1.96%. Understanding how these cities compare with Fulshear 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 Fulshear Tax Rate
2.04%
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 Fulshear, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77441 | N/A | N/A | N/A | N/A | N/A |
77441 | 0.99% | 1.45% | 2.04% | 2.25% | 2.62% |
77471 | 0.46% | 0.85% | 1.96% | 1.97% | 2.01% |
Source: Ownwell
$1,148
Average Fulshear Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Fulshear, Texas
In Fulshear, 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 Fulshear, 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 Fulshear is $565,530, with the highest median tax bill being $10,777 in the 77441 zip code and the lowest median tax bill being $2,106 in the 77471 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 Fulshear helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Fulshear Assessed Value
$565,530
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 Fulshear, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77441 | N/A | N/A | N/A | N/A | N/A |
77441 | $342,476 | $435,111 | $565,787 | $712,011 | $875,382 |
77471 | $26,192 | $32,998 | $82,980 | $191,022 | $422,126 |
Source: Ownwell
$1,148
Average Fulshear Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Fulshear, Texas
In Fulshear, Fort Bend County, TX, property tax bills are calculated based on the assessed value of the home and the local tax rate. With a median home price of $565,530, homeowners face varying tax bills depending on their property's assessed value. The 25th percentile tax bill is approximately $7,961, while those in the 75th percentile pay around $14,093. The highest median tax bill in the area reaches $10,777, particularly in the 77441 ZIP code, contrasting sharply with the lowest median tax bill of $2,106 in the 77471 ZIP code. Factors such as property size, improvements, and market conditions influence the assessed value, directly impacting the tax bill. High property taxes can strain homeowners, making it essential to explore ways to reduce these costs. Ownwell specializes in property tax appeal and exemption services, helping homeowners challenge their assessments and potentially lower their tax bills. By leveraging expert knowledge and local market insights, Ownwell can assist homeowners in Fulshear in achieving significant savings on their property taxes.
Average Fulshear Tax Bill
$10,770
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 Fulshear, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77441 | N/A | N/A | N/A | N/A | N/A |
77441 | $4,505 | $7,972 | $10,777 | $14,098 | $18,028 |
77471 | $149 | $522 | $2,106 | $3,407 | $3,973 |
Source: Ownwell
$1,148
Average Fulshear 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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