Friendswood, Texas Property Taxes
The median property tax rate in Friendswood, TX is 1.61%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Friendswood at $269,441, the typical annual property tax bill reaches $4,475, exceeding the national median of $2,690. Property taxes in Friendswood 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 Friendswood'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 Friendswood 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
Friendswood, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Friendswood, Texas Tax Savings
Ownwell’s Friendswood Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Friendswood with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Friendswood 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 Friendswood. 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 Friendswood, Texas
Property taxes in Friendswood, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Friendswood is 1.61%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Friendswood set these rates annually, and they can vary significantly across different neighborhoods. Each year, Friendswood 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 Friendswood's effective property tax rate to other counties in Texas and the national median. For comparison, the 77546 zip code has the highest median property tax rate of 1.61%, while the same 77546 zip code also has the lowest median tax rate of 1.61%. Understanding how these cities compare with Friendswood provides valuable insights into the varying tax landscape across Harris County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Friendswood Tax Rate
1.61%
Average Harris County Tax Rate
1.78%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Friendswood, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77546 | 0.72% | 1.34% | 1.61% | 1.80% | 2.14% |
Source: Ownwell
$1,148
Average Friendswood Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Friendswood, Texas
In Friendswood, 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 Harris 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 Friendswood, 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. Friendswood's median home price is $269,441, with tax bills ranging from $3,319 at the 25th percentile to $6,861 at the 90th percentile. The highest and lowest median tax bills are both $4,475 in the 77546 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 Friendswood helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Friendswood Assessed Value
$269,441
Average Harris County Assessed Value
$240,543
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Friendswood, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77546 | $208,772 | $235,780 | $269,441 | $316,340 | $437,814 |
Source: Ownwell
$1,148
Average Friendswood Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Friendswood, Texas
In Friendswood, Harris County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Friendswood is $269,441, which serves as a baseline for assessment. Tax bills can vary significantly, with the 25th percentile at $3,319 and the 75th percentile at $5,415, going up to $6,861 at the 90th percentile. The highest median tax bill in the area is $4,475, found in the 77546 zip code. These figures are influenced by various factors, including property size, location, and local government budgets. For homeowners, these tax bills can be a substantial financial burden. This is where Ownwell steps in to help. By providing expert property tax appeal and exemption services, Ownwell can assist homeowners in potentially lowering their assessed property values, thereby reducing their tax bills. With a deep understanding of local tax regulations and a proven track record, Ownwell offers a valuable service that can lead to significant savings for homeowners.
Average Friendswood Tax Bill
$4,475
Average Harris County Tax Bill
$4,078
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Friendswood, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77546 | $1,850 | $3,319 | $4,475 | $5,415 | $6,861 |
Source: Ownwell
$1,148
Average Friendswood Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 20 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Harris Appraisal District | |
| Phone | (713) 957-7800 |
| Website | hcad.org |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.