Greenville, Texas Property Taxes
The median property tax rate in Greenville, TX is 1.90%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Greenville, the typical annual property tax bill reaches $3,649, exceeding the national median of $2,690. Property taxes in Greenville 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 Greenville'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 Greenville 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
Greenville, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.9%
Estimate Property Tax Bill
$3,903
$3,622
$1,148
Average Tax Savings
Ownwell’s Greenville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Greenville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Greenville 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 Greenville. 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 Greenville, Texas
Property taxes in Greenville, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Greenville is 1.90%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Greenville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Greenville 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 Greenville's effective property tax rate to other counties in Texas and the national median. For comparison, the 75401 zip code has the highest median property tax rate of 2.06%, while the 75442 zip code has the lowest median tax rate of 1.17%. Understanding how these cities compare with Greenville 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 Greenville Tax Rate
1.90%
Average Hunt County Tax Rate
1.69%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Greenville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75401 | 0.98% | 1.40% | 2.06% | 2.06% | 2.06% |
| 75402 | 1.31% | 1.50% | 1.87% | 2.06% | 2.06% |
| 75422 | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% |
| 75442 | 1.17% | 1.17% | 1.17% | 1.17% | 1.17% |
Source: Ownwell
$1,148
Average Greenville Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Greenville, Texas
In Greenville, 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 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 Greenville, 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 instance, the median home price in the area is $205,410, with tax bills ranging from $1,561 in the 75422 zip code to $4,709 in the 75402 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 Greenville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Greenville Assessed Value
$205,410
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 Greenville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75401 | $68,000 | $107,865 | $158,000 | $219,020 | $282,590 |
| 75402 | $117,345 | $191,475 | $253,780 | $306,982 | $412,131 |
| 75422 | $103,870 | $103,870 | $103,870 | $103,870 | $103,870 |
| 75442 | $271,930 | $271,930 | $271,930 | $271,930 | $271,930 |
Source: Ownwell
$1,148
Average Greenville Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Greenville, Texas
In Greenville, Hunt County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county's appraisal district. The tax rate is then applied to this assessed value. Factors influencing the tax bill include the property's location, size, and market conditions. For instance, the median home price in Greenville is $205,410, and tax bills can vary significantly, with the 25th percentile at $2,146 and the 75th percentile at $5,140. The highest median tax bill in the area is $4,709 in ZIP code 75402, while the lowest is $1,561 in ZIP code 75422. This variability can have a significant impact on homeowners, potentially straining finances. Ownwell helps homeowners by offering property tax appeal and exemption services, ensuring that their property is correctly assessed and that they are not overpaying. By leveraging local market data and expert analysis, Ownwell can help reduce property tax bills, providing financial relief and peace of mind.
Average Greenville Tax Bill
$3,649
Average Hunt County Tax Bill
$3,228
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Greenville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75401 | $949 | $1,669 | $2,674 | $3,937 | $5,151 |
| 75402 | $1,762 | $3,312 | $4,709 | $5,778 | $6,877 |
| 75422 | $1,561 | $1,561 | $1,561 | $1,561 | $1,561 |
| 75442 | $3,195 | $3,195 | $3,195 | $3,195 | $3,195 |
Source: Ownwell
$1,148
Average Greenville 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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