College Station, Texas Property Taxes
The median property tax rate in College Station, TX is 1.36%, which is considerably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in College Station, the typical annual property tax bill reaches $53, significantly lower than the national median of $2,690. Property taxes in College Station are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding College Station'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 College Station 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
College Station, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.36%
Estimate Property Tax Bill
$53
$49
Ownwell’s College Station Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in College Station with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in College Station 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 College Station, Texas
Property taxes in College Station, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in College Station is 1.36%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within College Station set these rates annually, and they can vary significantly across different neighborhoods. Each year, College Station 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 College Station's effective property tax rate to other counties in Texas and the national median. For comparison, the 77845 zip code has both the highest and lowest median property tax rate of 1.36%. Understanding how these cities compare with College Station provides valuable insights into the varying tax landscape across Grimes County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average College Station Tax Rate
1.36%
Average Grimes County Tax Rate
1.58%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across College Station, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77845 | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across College Station, Texas
In College Station, 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 Brazos 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 College Station, 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 College Station helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average College Station Assessed Value
$3,890
Average Grimes County Assessed Value
$49,760
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across College Station, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77845 | $3,890 | $3,890 | $3,890 | $3,890 | $3,890 |
Source: Ownwell
Property Tax Bills Across College Station, Texas
Property tax bills in College Station, located in Grimes County, TX, are calculated based on the assessed value of a property rather than its market value. The assessment is determined by the local tax assessor and considers various factors, including the property's size, location, and any improvements made. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual tax bill. For example, if a home in College Station has an assessed value of $3,890, the tax bill for the 25th, 75th, and 90th percentiles is consistently $53. This indicates a relatively low property tax burden compared to the national median property tax rate of 0.99%. Homeowners in College Station benefit from this lower rate, making homeownership more affordable. However, it's essential to stay informed about any changes in local tax rates or property assessments, as these can impact the overall tax liability. Additionally, understanding potential exemptions and appeals can further reduce the financial burden on homeowners.
Average College Station Tax Bill
$53
Average Grimes County Tax Bill
$808
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across College Station, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77845 | $53 | $53 | $53 | $53 | $53 |
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 | |
|---|---|
| Grimes Appraisal District | |
| Website | grimescad.org |