Simonton, Texas Property Taxes
The median property tax rate in Simonton, TX is 1.34%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Simonton at $254,448, the typical annual property tax bill amounts to $3,044, surpassing the national median of $2,690. Property taxes in Simonton are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Simonton'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 Simonton 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
Simonton, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.34%
Estimate Property Tax Bill
$3,410
$3,164
$1,148
Average Tax Savings
Ownwell’s Simonton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Simonton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Simonton 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 Simonton. 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 Simonton, Texas
Property taxes in Simonton, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Simonton is 1.34%, higher than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within Simonton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Simonton 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 Simonton's effective property tax rate to other counties in Texas and the national median. For comparison, the 77476 zip code has the highest median property tax rate of 1.34%, while the same zip code also has the lowest median tax rate of 1.34%. Understanding how these cities compare with Simonton 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 Simonton Tax Rate
1.34%
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 Simonton, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77476 | 0.58% | 0.90% | 1.34% | 1.73% | 1.97% |
Source: Ownwell
$1,148
Average Simonton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Simonton, Texas
In Simonton, 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 Simonton, 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 Simonton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 77476, with a value of $3,044, which is above the national median property tax rate of 0.99%.
Average Simonton Assessed Value
$254,448
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 Simonton, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77476 | $23,787 | $77,840 | $254,448 | $452,240 | $676,856 |
Source: Ownwell
$1,148
Average Simonton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Simonton, Texas
In Simonton, located in Fort Bend County, TX, property tax bills are calculated based on the assessed value of your home, which is determined by the county appraisal district. This assessed value is then multiplied by the local tax rate to determine your annual tax bill. The median home price in Simonton is $254,448, and homeowners can expect tax bills ranging from $1,104 at the 25th percentile to $8,507 at the 90th percentile. The highest median tax bill in the area is $3,044, found in the 77476 zip code. Several factors influence your tax bill, including property size, location, and improvements made to the home. High property taxes can be a burden, but Ownwell can help homeowners save on their property tax bills by providing expert property tax appeal and exemption services. Our team reviews your property's assessed value and identifies opportunities for reductions, ensuring you pay only your fair share.
Average Simonton Tax Bill
$3,044
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 Simonton, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77476 | $285 | $1,104 | $3,044 | $5,245 | $8,507 |
Source: Ownwell
$1,148
Average Simonton 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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