Nixon, Texas Property Taxes
The median property tax rate in Nixon, 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 Nixon, the typical annual property tax bill reaches $932, which is below the national median of $2,690. Property taxes in Nixon 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 Nixon'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 Nixon 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
Nixon, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.8%
Estimate Property Tax Bill
$1,006
$934
Ownwell’s Nixon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Nixon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Nixon 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 Nixon, Texas
Property taxes in Nixon, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Nixon is 1.80%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Nixon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Nixon 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 Nixon's effective property tax rate to other counties in Texas and the national median. For comparison, the 78140 zip code has the highest median property tax rate of 1.80%, while the 78140 zip code also has the lowest median tax rate of 1.80%. Understanding how these cities compare with Nixon provides valuable insights into the varying tax landscape across Gonzales County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Nixon Tax Rate
1.80%
Average Gonzales County Tax Rate
1.52%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nixon, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78140 | 1.32% | 1.47% | 1.80% | 1.80% | 1.80% |
Source: Ownwell
Property Tax Assessment Values Across Nixon, Texas
In Nixon, 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 Gonzales 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 Nixon, 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 Nixon 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 78140, with a median tax bill of $932.
Average Nixon Assessed Value
$55,915
Average Gonzales County Assessed Value
$91,330
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Nixon, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78140 | $6,060 | $19,205 | $55,915 | $107,215 | $190,435 |
Source: Ownwell
Property Tax Bills Across Nixon, Texas
In Nixon, Gonzales County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. The median home price in Nixon is $55,915. Homeowners can expect their tax bills to vary significantly, with the 25th percentile tax bill at $335 and the 75th percentile reaching $1,710. For those in the 90th percentile, tax bills can go up to $2,877. The tax rate for Nixon is influenced by multiple factors, including local government budgets and public service needs. This rate is applied to the assessed value of the property to determine the annual tax bill. Compared to the national median property tax rate of 0.99%, Nixon’s property tax rates may seem relatively moderate, but they can still have a substantial impact on homeowners, particularly those with higher-valued properties. The highest median tax bill in the area is $932, found in the 78140 zip code, reflecting the variability in property tax burdens across different neighborhoods.
Average Nixon Tax Bill
$932
Average Gonzales County Tax Bill
$1,310
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Nixon, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78140 | $108 | $335 | $932 | $1,710 | $2,877 |
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 | |
|---|---|
| Gonzales Appraisal District | |
| Website | www.gonzalescad.org |