Hebbronville, Texas Property Taxes
The median property tax rate in Hebbronville, TX is 2.50%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Hebbronville at $37,350, the typical annual property tax bill amounts to $930, which is below the national median of $2,690. Property taxes in Hebbronville 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 Hebbronville'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 Hebbronville 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
Hebbronville, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.5%
Estimate Property Tax Bill
$934
$866
Ownwell’s Hebbronville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hebbronville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hebbronville 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 Hebbronville, Texas
Property taxes in Hebbronville, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hebbronville is 2.50%, significantly higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Hebbronville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hebbronville 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 Hebbronville's effective property tax rate to other counties in Texas and the national median. For comparison, the 78361 zip code has the highest median property tax rate of 2.50%, while the same zip code also has the lowest median tax rate of 2.50%. Understanding how these cities compare with Hebbronville provides valuable insights into the varying tax landscape across Jim Hogg County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hebbronville Tax Rate
2.50%
Average Jim Hogg County Tax Rate
2.50%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hebbronville, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78361 | 2.35% | 2.50% | 2.50% | 2.50% | 2.50% |
Source: Ownwell
Property Tax Assessment Values Across Hebbronville, Texas
In Hebbronville, 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 Jim Hogg 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 Hebbronville, 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 Hebbronville is $37,350, with tax bills ranging from $485 at the 25th percentile to $3,363 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 78361, with a median tax bill of $930. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Hebbronville Assessed Value
$37,350
Average Jim Hogg County Assessed Value
$37,350
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hebbronville, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78361 | $9,394 | $19,800 | $37,350 | $71,010 | $137,702 |
Source: Ownwell
Property Tax Bills Across Hebbronville, Texas
Property tax bills in Hebbronville, located in Jim Hogg County, TX, are calculated based on the assessed value of a property and the local property tax rate. The median home price in Hebbronville is $37,350, and the property tax rate is applied to this value to determine the annual tax bill. Factors such as property location, improvements, and market conditions influence the assessed value. For homeowners in Hebbronville, the property tax bill can vary significantly. The 25th percentile tax bill is around $485, while the 75th percentile reaches $1,756. For those in the 90th percentile, the tax bill can be as high as $3,363. The highest and lowest median tax bill in the area both stand at $930, which is significantly below the national median property tax rate of 0.99%. These tax bills impact homeowners by influencing their overall housing costs, potentially affecting decisions related to buying, selling, or maintaining property in the area.
Average Hebbronville Tax Bill
$930
Average Jim Hogg County Tax Bill
$930
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Hebbronville, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78361 | $229 | $485 | $930 | $1,756 | $3,363 |
Source: Ownwell