Knott, Howard County, Texas Property Taxes
Median Knott, TX effective property tax rate: 1.23%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Knott, TX home value: $209,004
Median annual Knott, TX tax bill: $2,110, $290 lower than the national median property tax bill of $2,400.
How are property taxes in Howard calculated?
Property taxes in Knott, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Knott’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Knott, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Knott, Howard County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.23%
Estimate Property Tax Bill
$2,571
$2,386
Property Tax Rates Across Knott, Howard County, Texas
Local government entities determine property tax rates, which can significantly differ throughout a state. This variation arises because each county annually estimates its budgetary needs for public services and divides that by the total assessed value of all taxable property within its borders, resulting in the property tax rate. Although votes and regulations play a role in setting these rates and budgets, this is essentially the yearly procedure.
In Knott, situated in Howard County, the effective property tax rate can be compared to other cities in Texas and nationwide. The median property tax rate in Texas is slightly above the national median of 1.02%, reflecting the state’s unique approach to property taxation. This comparison highlights how property taxes in Knott align with broader state and national trends, providing valuable insight for property owners.
Understanding these rates is crucial for homeowners looking to manage their property tax liabilities effectively. By staying informed, property owners can better navigate the complexities of property taxation, ensuring they are not overpaying and are taking advantage of any available exemptions or appeals processes.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Knott Tax Rate
1.23%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Howard County Tax Rate
1.56%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Knott, Howard County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79748 | 0.58% | 0.85% | 1.23% | 1.29% | 1.29% |
Source: Ownwell
Property Tax Assessment Values Across Knott, Howard County, Texas
When examining property taxes in Knott, TX, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Howard County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices: In Howard County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Knott. For example, the median home price in Knott is $209,004, with tax bills ranging significantly across the county. 79748 has the highest median home price at $209,004.
Property Tax Assessment Values Across Knott, Howard County, Texas
Source: Ownwell
$68,172
$138,588
$209,004
Median Knott Market Value
$209,004
Median Howard County Market Value
$107,910
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Knott, Howard County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79748 | $52,746 | $99,518 | $209,004 | $271,107 | $473,780 |
Source: Ownwell
Property Tax Bills Across Knott, Howard County, Texas
Median Knott Tax Bill
$2,110
Median Howard County Tax Bill
$1,431
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Knott, Howard County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79748 | $680 | $1,045 | $2,110 | $3,098 | $4,771 |
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 | |
|---|---|
| Howard Appraisal District | |
| Website | esearch.howardcad.org |