Celeste, Texas Property Taxes
The median property tax rate in Celeste, TX is 1.42%, which is notably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $172,200 in Celeste, the typical annual property tax bill amounts to $2,186, falling below the national median of $2,690. Property taxes in Celeste are determined based on the tax assessed value, which is often lower than the market value due to exemptions like those for primary residences and agricultural properties. Gaining a thorough understanding of Celeste's property tax system, exploring the available exemptions, and finding opportunities for reductions can result in considerable annual savings. Whether you're in the heart of Celeste or another part of the city, familiarizing yourself with the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Celeste, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Celeste, Texas Tax Savings
Ownwell’s Celeste Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Celeste with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Celeste 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 Celeste. 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 Celeste, Texas
Property taxes in Celeste, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Celeste is 1.42%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Celeste set these rates annually, and they can vary significantly across different neighborhoods. Each year, Celeste 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 Celeste's effective property tax rate to other counties in Texas and the national median. For comparison, the 75423 zip code has the highest median property tax rate of 1.42%, while the 75423 zip code has the lowest median tax rate of 1.42%. Understanding how these cities compare with Celeste provides valuable insights into the varying tax landscape across Hunt County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Celeste Tax Rate
1.42%
Average Hunt County Tax Rate
1.69%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Celeste, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75423 | 0.69% | 1.10% | 1.42% | 1.64% | 1.81% |
Source: Ownwell
$1,148
Average Celeste Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Celeste, Texas
In Celeste, Texas, comprehending the difference between "market value" and "assessed value" is essential for understanding property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the Hunt 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 Celeste, 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 here is $172,200, with tax bills ranging from $1,035 at the 25th percentile to $5,753 at the 90th percentile. Notably, the highest median tax bill in the area is $2,186 in zip code 75423, which is also the lowest median tax bill. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Awareness of these valuation processes in Celeste helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Celeste Assessed Value
$172,200
Average Hunt County Assessed Value
$198,210
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Celeste, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75423 | $31,496 | $84,570 | $172,200 | $305,720 | $540,782 |
Source: Ownwell
$1,148
Average Celeste Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Celeste, Texas
In Celeste, located in Hunt County, TX, property tax bills are calculated based on the assessed value of your home, multiplied by the local tax rate. For example, with a median home price of $172,200, homeowners can expect a property tax bill ranging from $1,035 at the 25th percentile to $5,753 at the 90th percentile. Factors such as property improvements, market conditions, and local government budget needs play a significant role in determining your tax bill. Notably, the highest and lowest median tax bills in the area both stand at $2,186, reflecting the uniformity in tax assessments within the zip code 75423. Homeowners in Celeste may find these taxes burdensome, especially when compared to the national median property tax rate of 0.99%. This is where Ownwell steps in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially lower their assessed property values, leading to significant savings on their tax bills. Their experienced team ensures you pay only your fair share, easing the financial strain on homeowners.
Average Celeste Tax Bill
$2,186
Average Hunt County Tax Bill
$3,228
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Celeste, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75423 | $380 | $1,035 | $2,186 | $3,835 | $5,753 |
Source: Ownwell
$1,148
Average Celeste 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 | |
|---|---|
| Hunt Appraisal District | |
| Website | esearch.hunt-cad.org |
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