Ropesville, Texas Property Taxes
The median property tax rate in Ropesville, TX is 2.25%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $64,810 in Ropesville, the typical annual property tax bill amounts to $1,290, which is lower than the national median of $2,690. Property taxes in Ropesville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Ropesville'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 Ropesville 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
Ropesville, 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 Ropesville Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Ropesville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ropesville 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 Ropesville, Texas
Property taxes in Ropesville, Texas, play a crucial role in funding essential services such as public schools, road maintenance, and emergency services. The median tax rate in Ropesville is 2.25%, significantly higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Ropesville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ropesville 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 Ropesville's effective property tax rate to other counties in Texas and the national median. For comparison, the 79358 zip code has both the highest and lowest median property tax rate of 2.25%. Understanding how these cities compare with Ropesville provides valuable insights into the varying tax landscape across Hockley County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ropesville Tax Rate
2.25%
Average Hockley County Tax Rate
2.18%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ropesville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79358 | 1.56% | 1.84% | 2.25% | 2.29% | 2.29% |
Source: Ownwell
Property Tax Assessment Values Across Ropesville, Texas
In Ropesville, 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 Hockley 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 Ropesville, 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 is $64,810, with tax bills ranging from $539 at the 25th percentile to $4,002 at the 90th percentile. The highest and lowest median tax bills are both $1,290, found in the 79358 zip code. 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 Ropesville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Ropesville Assessed Value
$64,810
Average Hockley County Assessed Value
$75,980
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ropesville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79358 | $9,022 | $25,570 | $64,810 | $126,330 | $184,608 |
Source: Ownwell
Property Tax Bills Across Ropesville, Texas
In Ropesville, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value of the property. For homeowners in Ropesville, located in Hockley County, the median home price is $64,810. This value serves as the basis for calculating property taxes. Several factors influence the final tax bill, including the property's location, improvements, and any applicable exemptions. Homeowners can expect a range of tax bills: the 25th percentile is around $539, while the 75th percentile reaches $2,535, and the 90th percentile can go up to $4,002. Compared to the national median property tax rate of 0.99%, Ropesville's property tax rates offer a range of financial implications for homeowners. Understanding these factors helps homeowners anticipate their tax obligations and manage their finances more effectively.
Average Ropesville Tax Bill
$1,290
Average Hockley County Tax Bill
$1,490
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Ropesville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79358 | $168 | $539 | $1,290 | $2,535 | $4,002 |
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 | |
|---|---|
| Hockley Appraisal District | |
| Website | propaccess.trueautomation.com |