Fischer, Texas Property Taxes
The median property tax rate in Fischer, TX is 1.40%, which is notably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Fischer at $687,778, the typical annual property tax bill amounts to $7,263, significantly surpassing the national median of $2,690. Property taxes in Fischer are calculated based on the assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Fischer'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 Fischer 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
Fischer, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$9,629
$8,935
$1,148
Average Tax Savings
Ownwell’s Fischer Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fischer with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fischer 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 Fischer. 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 Fischer, Texas
Property taxes in Fischer, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fischer is 1.40%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Fischer set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fischer 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 Fischer's effective property tax rate to other counties in Texas and the national median. For comparison, the 78623 zip code has the highest median property tax rate of 1.40%, while the 78623 zip code has the lowest median tax rate of 1.40%. Understanding how these cities compare with Fischer provides valuable insights into the varying tax landscape across Hays County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fischer Tax Rate
1.40%
Average Hays County Tax Rate
1.71%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fischer, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78623 | 0.87% | 1.14% | 1.40% | 1.40% | 1.47% |
Source: Ownwell
$1,148
Average Fischer Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Fischer, Texas
In Fischer, 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 Hays 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 Fischer, 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 Fischer helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Fischer are both in the 78623 zip code, each being $7,263.
Average Fischer Assessed Value
$687,778
Average Hays County Assessed Value
$409,280
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fischer, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78623 | $91,781 | $455,178 | $687,778 | $875,865 | $1,077,545 |
Source: Ownwell
$1,148
Average Fischer Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Fischer, Texas
In Fischer, Hays County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The assessed value is then multiplied by the local tax rate to arrive at the annual tax bill. Factors influencing the assessed value include the property's market value, improvements, and any applicable exemptions. Homeowners in Fischer face varying tax bills, with the median home price at $687,778. For instance, tax bills range from $4,789 at the 25th percentile to $13,666 at the 90th percentile. High property taxes can be a significant burden for homeowners. This is where Ownwell steps in to help. By providing expert property tax appeal and exemption services, Ownwell can help homeowners potentially lower their assessed values, thereby reducing their tax bills. Our team works diligently to ensure that homeowners in Fischer are not overpaying on their property taxes, offering peace of mind and substantial savings.
Average Fischer Tax Bill
$7,263
Average Hays County Tax Bill
$7,200
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Fischer, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78623 | $875 | $4,789 | $7,263 | $11,526 | $13,666 |
Source: Ownwell
$1,148
Average Fischer Tax Savings
Save on your property taxes & more with 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 | |
|---|---|
| Hays Appraisal District | |
| Website | esearch.hayscad.com |
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