Martindale, Texas Property Taxes
The median property tax rate in Martindale, TX is 1.31%, considerably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $206,773, the typical annual property tax bill in Martindale reaches $2,638, slightly below the national median of $2,690. Property taxes in Martindale 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 Martindale'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 Martindale 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
Martindale, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$2,709
$2,506
$1,148
Average Martindale, Texas Tax Savings
Ownwell’s Martindale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Martindale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Martindale 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 Martindale. 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 Martindale, Texas
Property taxes in Martindale, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Martindale is 1.31%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Martindale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Martindale 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 Martindale's effective property tax rate to other counties in Texas and the national median. For comparison, the 78655 zip code has the highest median property tax rate of 1.31%, while the 78655 zip code also has the lowest median tax rate of 1.31%. Understanding how these cities compare with Martindale provides valuable insights into the varying tax landscape across Guadalupe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Martindale Tax Rate
1.31%
Average Guadalupe County Tax Rate
1.69%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Martindale, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78655 | 0.92% | 1.20% | 1.31% | 1.32% | 1.32% |
Source: Ownwell
$1,148
Average Martindale Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Martindale, Texas
In Martindale, 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 Guadalupe 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 Martindale, 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 Martindale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Martindale are both $2,638, found in the 78655 zip code.
Average Martindale Assessed Value
$206,773
Average Guadalupe County Assessed Value
$288,797
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Martindale, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78655 | $40,806 | $99,322 | $206,773 | $428,537 | $712,323 |
Source: Ownwell
$1,148
Average Martindale Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Martindale, Texas
In Martindale, located in Guadalupe County, TX, property tax bills are calculated based on the assessed value of your home and the local tax rate. Homeowners in this region face a median property tax bill of $2,638, which aligns with the highest and lowest median tax bills in the area. This is significantly higher than the national median property tax rate of 0.99%. Factors such as property size, location, and market conditions influence the assessed value, which in turn affects the tax bill. For homeowners, these property tax bills can be a substantial financial burden. Ownwell steps in to help by offering property tax appeal and exemption services. By conducting a thorough analysis of your property’s assessed value, Ownwell identifies discrepancies and files appeals on your behalf. This ensures that you are not overpaying on your property taxes, potentially saving you thousands of dollars annually. Let Ownwell's expertise work for you, easing the financial strain of high property taxes in Martindale.
Average Martindale Tax Bill
$2,638
Average Guadalupe County Tax Bill
$4,783
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Martindale, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78655 | $411 | $1,280 | $2,638 | $5,405 | $9,464 |
Source: Ownwell
$1,148
Average Martindale 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 | |
---|---|
Guadalupe Appraisal District | |
Website | esearch.guadalupead.org |
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