Tell, Texas Property Taxes
The median property tax rate in TELL, TX is 1.25%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $191,810 in TELL, the typical annual property tax bill is $2,210, slightly below the national median of $2,690. Property taxes in TELL are calculated based on the tax assessed value, which is generally lower than the market value due to various exemptions such as those for primary residences and agricultural land. Understanding TELL'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 TELL or another part of the county, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tell, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s TELL Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in TELL with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in TELL 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 Tell, Texas
Property taxes in Tell, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tell is 1.25%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Tell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tell 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 Tell's effective property tax rate to other counties in Texas and the national median. For comparison, the 79259 zip code has both the highest and lowest median property tax rate of 1.25%. Understanding how these cities compare with Tell 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 Tell Tax Rate
1.25%
Average Hall County Tax Rate
2.18%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tell, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79259 | 0.77% | 0.80% | 1.25% | 1.69% | 1.69% |
Source: Ownwell
Property Tax Assessment Values Across Tell, Texas
In Tell, 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. In Tell, 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 Tell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $2,210 in the zip code 79259, while the lowest is also $2,210 in the same zip code.
Average Tell Assessed Value
$191,810
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 Tell, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79259 | $91,429 | $139,278 | $191,810 | $292,478 | $426,969 |
Source: Ownwell
Property Tax Bills Across Tell, Texas
In TELL, located in Hall County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and is a percentage of the property's market value. Homeowners in TELL can expect their property tax bills to vary widely depending on their home's assessed value and the local tax rate. For instance, the median home price in TELL is $191,810. The property tax bill for homes at the 25th percentile is around $1,466, while homes at the 75th percentile see tax bills of approximately $3,156. At the 90th percentile, homeowners might face tax bills as high as $3,799. These figures highlight significant variability, which can impact homeowners' budgets and financial planning. Compared to the national median property tax rate of 0.99%, TELL's property tax rates reflect the local economic conditions and funding needs for public services.
Average Tell Tax Bill
$2,210
Average Hall County Tax Bill
$854
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Tell, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79259 | $1,189 | $1,466 | $2,210 | $3,156 | $3,799 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Hall Appraisal District | |
Website | www.hallcad.org |