Linn, Texas Property Taxes
The median property tax rate in Linn, TX is 0.65%, considerably lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Linn, the typical annual property tax bill reaches $830, significantly below the national median of $2,690. Property taxes in Linn 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 Linn'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 Linn 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
Linn, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.65%
Estimate Property Tax Bill
$1,154
$1,068
$1,148
Average Linn, Texas Tax Savings
Ownwell’s LINN Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in LINN with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in LINN 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 LINN. 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 Linn, Texas
Property taxes in Linn, Texas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Linn is 1.79%, higher than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within Linn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Linn 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 Linn's effective property tax rate to other counties in Texas and the national median. For comparison, the 78563 zip code has the highest median property tax rate of 1.79%, while the 78563 zip code has the lowest median tax rate of 1.79%. Understanding how these cities compare with Linn provides valuable insights into the varying tax landscape across Hidalgo, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Linn Tax Rate
0.65%
Average Hidalgo County Tax Rate
1.72%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Linn, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78563 | 0.10% | 0.23% | 0.65% | 1.40% | 1.78% |
Source: Ownwell
$1,148
Average Linn Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Linn, Texas
In Linn, 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 Hidalgo 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 Linn, 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. For instance, the highest median tax bill in Linn is $830 in the 78563 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Linn Assessed Value
$177,598
Average Hidalgo County Assessed Value
$133,156
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Linn, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78563 | $36,324 | $84,352 | $177,598 | $321,384 | $1,009,938 |
Source: Ownwell
$1,148
Average Linn Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Linn, Texas
In Linn, located in Hidalgo County, TX, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. Homeowners in Linn can expect property tax bills to vary significantly, with the 25th percentile tax bill at $364 and the 75th percentile reaching $2,286. For those in the 90th percentile, tax bills can soar to $4,898. These figures highlight the disparity in tax bills, which can place a considerable financial burden on homeowners. Ownwell can help homeowners in Linn save on their property tax bills by providing expert property tax appeal and exemption services. By analyzing the assessed value of your property and comparing it with market trends, Ownwell can identify discrepancies and file appeals on your behalf. This process can lead to significant reductions in your property tax bill, ensuring you only pay your fair share. Trust Ownwell to help you navigate the complexities of property taxes and achieve substantial savings.
Average Linn Tax Bill
$830
Average Hidalgo County Tax Bill
$1,928
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Linn, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78563 | $155 | $364 | $830 | $2,286 | $4,898 |
Source: Ownwell
$1,148
Average Linn 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 | |
|---|---|
| Hidalgo Appraisal District | |
| Phone | (956) 381-8466 |
| Website | esearch.hidalgoad.org |
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