Waller, Texas Property Taxes
The median property tax rate in Waller, TX is 1.56%, notably higher than the national median of 0.99% but slightly below the Texas state median of 1.67%. With the median home value in Waller at $112,500, the typical annual property tax bill amounts to $1,864, which is lower than the national median of $2,690. Property taxes in Waller are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Waller'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 Waller or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Waller, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.56%
Estimate Property Tax Bill
$1,755
$1,629
Ownwell’s Waller Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Waller with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Waller 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 Waller, Texas
Property taxes in Waller, Texas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Waller is 1.56%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Waller set these rates annually, and they can vary significantly across different neighborhoods. Each year, Waller 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 Waller's effective property tax rate to other counties in Texas and the national median. For comparison, the zip code 77484 has the highest median property tax rate of 1.56%, while the same zip code also has the lowest median tax rate of 1.56%. Understanding how these cities compare with Waller provides valuable insights into the varying tax landscape across Waller County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Waller Tax Rate
1.56%
Average Grimes County Tax Rate
1.58%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Waller, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77484 | 1.40% | 1.44% | 1.56% | 1.76% | 1.98% |
Source: Ownwell
Property Tax Assessment Values Across Waller, Texas
In Waller, 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 Grimes 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 Waller, 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. The median home price in Waller is $112,500, with the 25th percentile tax bill at $1,253 and the 75th percentile tax bill at $5,851. Notably, the highest median tax bill in the region is $1,864, found in the 77484 zip code. 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 Waller helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Waller Assessed Value
$112,500
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 Waller, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77484 | $38,270 | $70,360 | $112,500 | $319,200 | $562,612 |
Source: Ownwell
Property Tax Bills Across Waller, Texas
In Waller, located in Grimes County, TX, property tax bills are calculated based on the assessed value of the property. The county assesses properties to determine their taxable value, which is then multiplied by the local tax rate to calculate the annual tax bill. For example, the median home price in Waller is $112,500. Homeowners can expect their tax bills to vary significantly, with the 25th percentile at $1,253 and the 75th percentile reaching $5,851. The 90th percentile tax bill can be as high as $8,916. Several factors influence these tax bills, including the property's market value, the local tax rate, and any applicable exemptions or deductions. These tax rates are determined by local government entities and can vary from year to year. Compared to the national median property tax rate of 0.99%, Waller's tax bills may seem higher, reflecting the specific fiscal needs and property values in the area. This can have a significant impact on homeowners, affecting their annual budget and overall cost of living.
Average Waller Tax Bill
$1,864
Average Grimes County Tax Bill
$808
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Waller, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77484 | $570 | $1,253 | $1,864 | $5,851 | $8,916 |
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 |