Poynor, Texas Property Taxes
The median property tax rate in Poynor, TX is 1.01%, slightly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $155,428 in Poynor, the typical annual property tax bill is around $784, which is significantly below the national median of $2,690. Property taxes in Poynor are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Poynor'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 Poynor 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
Poynor, 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 Poynor Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Poynor. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Poynor to provide an estimate of your property tax bill. This tool offers a clear understanding of your potential tax liabilities, making it easier to plan financially. If you're interested in exploring trends at a more localized level, scroll down for detailed neighborhood information. Your property's assessed value, determined by the county, is crucial for these calculations and may include applicable exemptions.
Property Tax Rates Across Poynor, Texas
Property taxes in Poynor, Texas, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Poynor stands at 1.01%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Poynor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Poynor 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 Poynor's effective property tax rate to other counties in Texas and the national median. For comparison, the 75782 zip code has the highest median property tax rate of 1.01%, while the same zip code also has the lowest median tax rate of 1.01%. Understanding how these cities compare with Poynor provides valuable insights into the varying tax landscape across Henderson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Poynor Tax Rate
1.01%
Average Henderson County Tax Rate
1.40%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Poynor, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75782 | 0.39% | 0.58% | 1.01% | 1.16% | 1.53% |
Source: Ownwell
Property Tax Assessment Values Across Poynor, Texas
In Poynor, 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 Henderson 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 Poynor, 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. The median home price in Poynor is $155,428, with tax bills ranging from the 25th percentile at $565 to the 75th percentile at $3,064, and the 90th percentile reaching $3,691. Interestingly, the highest and lowest median tax bills both stand at $784 in the 75782 zip code. 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 Poynor Assessed Value
$155,428
Average Henderson County Assessed Value
$139,776
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Poynor, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75782 | $55,348 | $70,295 | $155,428 | $241,992 | $280,016 |
Source: Ownwell
Property Tax Bills Across Poynor, Texas
In Poynor, located in Henderson County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $155,428, homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rates applied. Factors that influence the tax bill include the home's assessed value, local tax rates, and any applicable exemptions. In Poynor, the 25th percentile of tax bills is around $565, while the 75th percentile reaches $3,064, and the 90th percentile can go up to $3,691. These figures highlight the range of possible tax bills homeowners might face. Compared to the national median property tax rate of 0.99%, Poynor's tax rates can be considered relatively moderate, yet they still represent a significant expense for homeowners. Understanding these factors can help homeowners better anticipate their annual financial obligations.
Average Poynor Tax Bill
$784
Average Henderson County Tax Bill
$1,470
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Poynor, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75782 | $341 | $565 | $784 | $3,064 | $3,691 |
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 | |
|---|---|
| Henderson Appraisal District | |
| Website | esearch.henderson-cad.org |