Heartland, Texas Property Taxes
The median property tax rate in Heartland, TX is 2.20%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Heartland at $299,343, the typical annual property tax bill reaches $7,038, exceeding the national median of $2,690. Property taxes in Heartland 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 Heartland'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 Heartland or another part of Kaufman County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Heartland, 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 Heartland, Texas Tax Savings
Ownwell’s Heartland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Heartland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Heartland 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 Heartland. 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 Heartland, Texas
Property taxes in Heartland, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Heartland is 2.20%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Heartland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Heartland 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 Heartland's effective property tax rate to other counties in Texas and the national median. For comparison, the 75126 zip code has the highest median property tax rate of 2.20%, while the same zip code also has the lowest median tax rate of 2.20%. Understanding how these cities compare with Heartland provides valuable insights into the varying tax landscape across Kaufman County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Heartland Tax Rate
2.20%
Average Kaufman County Tax Rate
1.74%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Heartland, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75114 | N/A | N/A | N/A | N/A | N/A |
75126 | 2.00% | 2.13% | 2.20% | 2.70% | 2.72% |
Source: Ownwell
$1,148
Average Heartland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Heartland, Texas
In Heartland, 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 Kaufman 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 Heartland, 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. 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 Heartland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $7,038 in zip code 75126, while the lowest median tax bill is also $7,038 in the same zip code.
Average Heartland Assessed Value
$299,343
Average Kaufman County Assessed Value
$308,491
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Heartland, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75114 | N/A | N/A | N/A | N/A | N/A |
75126 | $259,829 | $274,116 | $299,343 | $331,490 | $356,377 |
Source: Ownwell
$1,148
Average Heartland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Heartland, Texas
In Heartland, located in Kaufman County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local appraisal district, which evaluates the market value of the property. The tax rate in this area is applied to the assessed value to determine the annual property tax bill. Multiple factors, such as property size, location, and market conditions, influence the assessed value. For instance, with a median home price of $299,343, homeowners in Heartland face substantial tax bills. The 25th percentile tax bill is $6,132, while the 75th percentile reaches $7,730, and the 90th percentile can go up to $8,676. These high property taxes can significantly impact homeowners' finances. Ownwell offers valuable services to help homeowners reduce their property tax bills. By providing expert property tax appeal and exemption services, Ownwell ensures that properties are fairly assessed, potentially saving homeowners thousands of dollars annually.
Average Heartland Tax Bill
$7,038
Average Kaufman County Tax Bill
$5,156
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Heartland, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75114 | N/A | N/A | N/A | N/A | N/A |
75126 | $5,277 | $6,132 | $7,038 | $7,730 | $8,676 |
Source: Ownwell
$1,148
Average Heartland 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 | |
---|---|
Kaufman Appraisal District | |
Website | esearch.kaufman-cad.org |
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