Donie, Texas Property Taxes
The median property tax rate in Donie, TX is 0.82%, which is lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $139,388 in Donie, the typical annual property tax bill is around $884, significantly below the national median of $2,690. Property taxes in Donie are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural land. Understanding Donie's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Donie or another part of Freestone County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Donie, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.82%
Estimate Property Tax Bill
$1,143
$1,061
Ownwell’s Donie Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Donie with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Donie 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 Donie, Texas
Property taxes in Donie, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Donie is 0.82%, lower than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Donie set these rates annually, and they can vary significantly across different neighborhoods. Each year, Donie 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 Donie's effective property tax rate to other counties in Texas and the national median. For comparison, the 75838 zip code has the highest median property tax rate of 0.82%, while the 75838 zip code also has the lowest median tax rate of 0.82%. Understanding how these cities compare with Donie provides valuable insights into the varying tax landscape across Freestone County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Donie Tax Rate
0.82%
Average Freestone County Tax Rate
1.02%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Donie, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75838 | 0.14% | 0.40% | 0.82% | 1.15% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Donie, Texas
In Donie, 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 Freestone 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 Donie, 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 Donie helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 75838 has the highest and lowest median tax bill, both at $884.
Average Donie Assessed Value
$139,388
Average Freestone County Assessed Value
$117,090
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Donie, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75838 | $15,296 | $56,525 | $139,388 | $262,861 | $432,927 |
Source: Ownwell
Property Tax Bills Across Donie, Texas
In Donie, located in Freestone County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district and reflects the market value of the property. Homeowners in Donie can expect a wide range of tax bills, from the 25th percentile at $260 to the 90th percentile reaching $2,992. The median home price in Donie is $139,388, which plays a significant role in determining individual tax bills. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. For instance, the highest median tax bill in the area is $884, found in the 75838 zip code. Compared to the national median property tax rate of 0.99%, Donie's tax rates can be seen as relatively moderate, offering some relief to homeowners. Understanding these factors helps homeowners anticipate their tax liabilities and manage their finances more effectively.
Average Donie Tax Bill
$884
Average Freestone County Tax Bill
$1,013
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Donie, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75838 | $85 | $260 | $884 | $2,008 | $2,992 |
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 | |
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Freestone Appraisal District | |
Website | propertysearch.freestonecad.org |