Sadler, Texas Property Taxes
The median property tax rate in Sadler, TX is 1.54%, which is considerably higher than the national median of 0.99% but slightly below the Texas state median of 1.67%. With the median home value in Sadler, the typical annual property tax bill reaches $2,395, falling short of the national median of $2,690. Property taxes in Sadler are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Sadler'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 Sadler 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
Sadler, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.54%
Estimate Property Tax Bill
$2,598
$2,411
$1,148
Average Tax Savings
Ownwell’s Sadler Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sadler with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sadler 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 Sadler. 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 Sadler, Texas
Property taxes in Sadler, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sadler is 1.54%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Sadler set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sadler 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 Sadler's effective property tax rate to other counties in Texas and the national median. For comparison, the 76264 zip code has the highest median property tax rate of 1.54%, while the 76264 zip code has the lowest median tax rate of 1.54%. Understanding how these cities compare with Sadler provides valuable insights into the varying tax landscape across Grayson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sadler Tax Rate
1.54%
Average Grayson County Tax Rate
2.09%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sadler, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76264 | 0.72% | 1.16% | 1.54% | 1.90% | 2.44% |
Source: Ownwell
$1,148
Average Sadler Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Sadler, Texas
In Sadler, 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 Grayson 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 Sadler, 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 Sadler helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Sadler is $2,395 in the 76264 zip code, which is also the lowest median tax bill, reflecting a consistent tax environment.
Average Sadler Assessed Value
$168,690
Average Grayson County Assessed Value
$177,813
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sadler, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76264 | $39,085 | $83,032 | $168,690 | $326,528 | $555,424 |
Source: Ownwell
$1,148
Average Sadler Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Sadler, Texas
In Sadler, located in Grayson County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For instance, with a median home price of $168,690, homeowners can expect their property tax bills to vary significantly. While the 25th percentile tax bill is around $1,201, the 75th percentile soars to $4,796, and the 90th percentile can reach up to $7,444. These varying tax bills can place a substantial financial burden on homeowners. This is where Ownwell can step in to help. By leveraging their expertise in property tax appeals and exemptions, Ownwell can assist homeowners in challenging their assessed values, potentially lowering their tax bills. This not only alleviates financial stress but also ensures that homeowners are not overpaying on their property taxes.
Average Sadler Tax Bill
$2,395
Average Grayson County Tax Bill
$3,777
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Sadler, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76264 | $490 | $1,201 | $2,395 | $4,796 | $7,444 |
Source: Ownwell
$1,148
Average Sadler 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 | |
---|---|
Grayson Appraisal District | |
Website | esearch.graysonappraisal.org |
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