Montgomery, Grimes County, Texas Property Taxes
Median Montgomery, TX effective property tax rate: 1.58%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Montgomery, TX home value: $368,040
Median annual Montgomery, TX tax bill: $6,877, $4,477 higher than the national median property tax bill of $2,400.
How are property taxes in Grimes County calculated?
Property taxes in Montgomery, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Montgomery’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Montgomery, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Montgomery, Grimes County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.58%
Estimate Property Tax Bill
$5,815
$5,396
Property Tax Rates Across Montgomery, Grimes County, Texas
Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variation occurs because each county estimates its necessary budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although voting and legislation play roles in establishing tax rates and budgets, this is essentially the annual process.
In Montgomery, located in Grimes County, Texas, the effective property tax rate can be compared to other cities within the state, as well as to the national median property tax rate of 1.02%. Texas has a median property tax rate of 1.58%, which is considerably higher than the national median. Within Grimes County, the highest median tax rate is 1.91%, while the lowest is 1.39%. These figures illustrate the diversity of tax rates within the county and highlight the importance of understanding local tax obligations.
Understanding these variations is crucial for property owners in making informed decisions regarding property investments and tax appeals. By being aware of how local tax rates compare to state and national medians, property owners can better navigate the complexities of property taxation.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Montgomery Tax Rate
1.58%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Grimes County Tax Rate
1.58%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Montgomery, Grimes County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77316 | 1.50% | 1.52% | 1.91% | 1.93% | 5.21% |
| 77356 | 1.35% | 1.37% | 1.39% | 1.43% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Montgomery, Grimes County, Texas
When examining property taxes in Montgomery, TX, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Grimes County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Grimes County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Montgomery. For example, the median home price in Montgomery is $368,040, with tax bills ranging significantly across the county. Zip code 77356 has the highest median home price at $416,085.
Property Tax Assessment Values Across Montgomery, Grimes County, Texas
Source: Ownwell
$22,725
$219,405
$416,085
Median Montgomery Market Value
$368,040
Median Grimes County Market Value
$49,760
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Montgomery, Grimes County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77316 | $90,290 | $108,070 | $188,470 | $652,862 | $972,972 |
| 77356 | $133,060 | $282,948 | $416,085 | $507,875 | $580,329 |
Source: Ownwell
Property Tax Bills Across Montgomery, Grimes County, Texas
Median Montgomery Tax Bill
$6,877
Median Grimes County Tax Bill
$808
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Montgomery, Grimes County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77316 | $1,740 | $2,165 | $8,092 | $11,291 | $15,119 |
| 77356 | $2,758 | $4,230 | $6,088 | $7,126 | $8,304 |
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 |