Hallsville, Texas Property Taxes
The median property tax rate in Hallsville, TX is 1.16%, 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 $108,160 in Hallsville, the typical annual property tax bill comes to $1,155, which is below the national median of $2,690. Property taxes in Hallsville are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Hallsville'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 Hallsville or another part of Harrison County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hallsville, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$1,255
$1,161
Ownwell’s Hallsville Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Hallsville. By simply entering your property's estimated assessed value, the calculator uses the median tax rate specific to Hallsville to provide an accurate estimate of your property tax bill. This valuable insight helps you understand your potential tax liabilities and plan accordingly. For those interested in more granular details, you can explore localized trends by scrolling down. Remember, your property’s assessed value is determined by Harrison County for tax purposes and includes any applicable exemptions.
Property Tax Rates Across Hallsville, Texas
Property taxes in Hallsville, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hallsville is 1.16%, higher than both the Texas state median of 1.09% and the U.S. national median of 0.99%. Local government entities within Hallsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hallsville 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 Hallsville's effective property tax rate to other counties in Texas and the national median. For comparison, the 75605 zip code has the highest median property tax rate of 1.66%, while the 75650 zip code has the lowest median tax rate of 1.16%. Understanding how these cities compare with Hallsville provides valuable insights into the varying tax landscape across Harrison County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hallsville Tax Rate
1.16%
Average Harrison County Tax Rate
1.31%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hallsville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75605 | 1.66% | 1.66% | 1.66% | 1.66% | 1.66% |
| 75650 | 0.98% | 1.16% | 1.16% | 1.42% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Hallsville, Texas
In Hallsville, 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 Harrison 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 example, the median home price in Hallsville is $108,160, with tax bills ranging from $317 at the 25th percentile to $4,747 at the 90th percentile. The highest median tax bill is $1,156 in zip code 75650, while the lowest is $549 in zip code 75605. 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 Hallsville Assessed Value
$108,160
Average Harrison County Assessed Value
$72,430
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hallsville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75605 | $20,907 | $25,432 | $32,975 | $40,518 | $45,043 |
| 75650 | $9,034 | $31,250 | $108,200 | $245,600 | $390,912 |
Source: Ownwell
Property Tax Bills Across Hallsville, Texas
In Hallsville, located in Harrison County, TX, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is determined based on the property's market value, which is then adjusted by the county appraisal district. Several factors influence the tax bill, including property size, location, and any improvements made to the property. Homeowners in Hallsville experience a range of property tax bills. For example, the 25th percentile tax bill is $317, while the 75th percentile tax bill reaches $2,866. At the higher end, the 90th percentile tax bill can be as much as $4,747. The highest median tax bill in the area is $1,156 in the 75650 zip code, whereas the lowest median tax bill is $549 in the 75605 zip code. These property tax expenses significantly impact homeowners, influencing their overall cost of living and potentially affecting decisions about property investments and home improvements.
Average Hallsville Tax Bill
$1,155
Average Harrison County Tax Bill
$887
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Hallsville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75605 | $348 | $423 | $549 | $675 | $750 |
| 75650 | $97 | $317 | $1,156 | $2,868 | $4,748 |
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 | |
|---|---|
| Harrison Appraisal District | |
| Website | iswdataclient.azurewebsites.net |