Hull, Texas Property Taxes
The median property tax rate in Hull, TX is 1.15%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Hull at $65,065, the typical annual property tax bill amounts to $649, which is below the national median of $2,690. Property taxes in Hull are calculated based on the assessed value, which is often less than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Hull'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 Hull 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
Hull, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$748
$694
Ownwell’s Hull Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hull with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hull 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 Hull, Texas
Property taxes in Hull, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hull is 1.15%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Hull set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hull 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 Hull's effective property tax rate to other counties in Texas and the national median. For comparison, the 77519 zip code has the highest median property tax rate of 1.44%, while the 77564 zip code has the lowest median tax rate of 1.15%. Understanding how these cities compare with Hull provides valuable insights into the varying tax landscape across Hardin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hull Tax Rate
1.15%
Average Hardin County Tax Rate
1.51%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hull, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77519 | 1.44% | 1.44% | 1.44% | 1.44% | 1.44% |
| 77564 | 0.34% | 0.65% | 1.15% | 1.66% | 1.71% |
Source: Ownwell
Property Tax Assessment Values Across Hull, Texas
In Hull, 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 Hardin 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 Hull, 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. The highest median tax bill in Hull is $670 in the 77564 zip code, while the lowest median tax bill is $222 in the 77519 zip code. Being aware of these valuation processes in Hull helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Hull Assessed Value
$65,065
Average Hardin County Assessed Value
$101,546
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hull, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77519 | $8,498 | $11,070 | $15,356 | $16,626 | $17,389 |
| 77564 | $16,546 | $35,287 | $69,190 | $140,359 | $222,558 |
Source: Ownwell
Property Tax Bills Across Hull, Texas
Property tax bills in Hull, Hardin County, TX, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the local appraisal district and reflects the market value of the property. This value is then multiplied by the tax rate set by local taxing authorities, which include school districts, municipalities, and special districts. For homeowners in Hull, the median home price is $65,065. Property tax bills can vary significantly, with the 25th percentile tax bill at $230 and the 75th percentile at $1,457. The 90th percentile tax bill can go as high as $2,462. In comparison, the national median property tax rate is 0.99%, highlighting the variability within the region. Factors such as property improvements, neighborhood development, and local government budgets can influence the assessed value and tax rate, thus affecting the overall tax bill. Homeowners in Hull should be aware of these factors as they can lead to fluctuations in their annual property taxes.
Average Hull Tax Bill
$649
Average Hardin County Tax Bill
$1,156
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Hull, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77519 | $123 | $160 | $222 | $240 | $251 |
| 77564 | $124 | $260 | $670 | $1,470 | $2,483 |
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 | |
|---|---|
| Hardin Appraisal District | |
| Website | esearch.hardin-cad.org |