Estelline, Texas Property Taxes
The median property tax rate in Estelline, TX is 2.01%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $27,900 in Estelline, the typical annual property tax bill reaches $562, which is below the national median of $2,690. Property taxes in Estelline 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 Estelline'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 Estelline 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
Estelline, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.01%
Estimate Property Tax Bill
$561
$520
Ownwell’s Estelline Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Estelline with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Estelline 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 Estelline, Texas
Property taxes in Estelline, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Estelline is 2.01%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Estelline set these rates annually, and they can vary significantly across different neighborhoods. Each year, Estelline 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 Estelline's effective property tax rate to other counties in Texas and the national median. For comparison, the 79233 zip code has the highest median property tax rate of 2.01%, while the 79233 zip code also has the lowest median tax rate of 2.01%. Understanding how these cities compare with Estelline provides valuable insights into the varying tax landscape across Hall County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Estelline Tax Rate
2.01%
Average Hall County Tax Rate
2.18%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Estelline, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79233 | 2.01% | 2.01% | 2.01% | 2.01% | 2.01% |
Source: Ownwell
Property Tax Assessment Values Across Estelline, Texas
In Estelline, 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 Hall 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. 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. For instance, the median home price in Estelline is $27,900, with tax bills ranging from $225 at the 25th percentile to $1,813 at the 90th percentile. Notably, the highest and lowest median tax bills are both $562, found in the zip code 79233. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Estelline Assessed Value
$27,900
Average Hall County Assessed Value
$39,840
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Estelline, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79233 | $4,342 | $11,172 | $27,900 | $60,058 | $92,576 |
Source: Ownwell
Property Tax Bills Across Estelline, Texas
In Estelline, located in Hall County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district and reflects the market value of the property. For example, with a median home price of $27,900, the assessed value is a crucial factor in determining the final tax bill. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions. Homeowners in Estelline can expect tax bills to vary significantly, with the 25th percentile tax bill at $225 and the 75th percentile reaching $1,213. At the higher end, the 90th percentile tax bill can go up to $1,813. This variation impacts homeowners differently, depending on their property's assessed value and any qualifying exemptions. Comparatively, with the national median property tax rate at 0.99%, Estelline's property tax bills can be seen as relatively moderate, providing some financial relief to homeowners in the region.
Average Estelline Tax Bill
$562
Average Hall County Tax Bill
$854
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Estelline, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79233 | $87 | $225 | $562 | $1,213 | $1,813 |
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 | |
|---|---|
| Hall Appraisal District | |
| Website | www.hallcad.org |