Weinert, Texas Property Taxes
The median property tax rate in Weinert, TX is 1.87%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Weinert at $46,120, the typical annual property tax bill reaches $879, which is below the national median of $2,690. Property taxes in Weinert 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 Weinert'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 Weinert 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
Weinert, 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 Weinert Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Weinert with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Weinert 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 Weinert, Texas
Property taxes in Weinert, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Weinert is 1.87%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Weinert set these rates annually, and they can vary significantly across different neighborhoods. Each year, Weinert 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 Weinert's effective property tax rate to other counties in Texas and the national median. For comparison, the 76388 zip code has the highest median property tax rate of 1.87%, while the same zip code also has the lowest median tax rate of 1.87%. Understanding how these cities compare with Weinert provides valuable insights into the varying tax landscape across Haskell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Weinert Tax Rate
1.87%
Average Haskell County Tax Rate
1.85%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Weinert, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76388 | 1.10% | 1.31% | 1.87% | 2.48% | 2.48% |
Source: Ownwell
Property Tax Assessment Values Across Weinert, Texas
In Weinert, 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 Haskell 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 Weinert, 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 Weinert helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Weinert are both $879, found in the 76388 zip code.
Average Weinert Assessed Value
$46,120
Average Haskell County Assessed Value
$63,955
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Weinert, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76388 | $19,568 | $26,610 | $46,120 | $86,770 | $155,094 |
Source: Ownwell
Property Tax Bills Across Weinert, Texas
In Weinert, located in Haskell County, TX, property tax bills are calculated based on the assessed value of a property and the local tax rate. The median home price in Weinert stands at $46,120. Homeowners' tax bills can vary significantly, with the 25th percentile tax bill at $579 and the 75th percentile tax bill reaching $1,493. At the higher end, the 90th percentile tax bill is $1,858. Factors influencing these tax bills include the property's assessed value, which is determined by local assessors, and the specific tax rate set by local taxing authorities. This means that even within the same area, two homes with different assessed values can have markedly different tax bills. For homeowners, understanding these factors is crucial as they directly affect annual financial planning and long-term investment in their property. Notably, the highest and lowest median tax bills in the area are both $879, indicating a relatively narrow range of variability in some parts of the county.
Average Weinert Tax Bill
$879
Average Haskell County Tax Bill
$952
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Weinert, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76388 | $303 | $579 | $879 | $1,493 | $1,858 |
Source: Ownwell