Encinal, Texas Property Taxes
The median property tax rate in Encinal, TX is 1.93%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Encinal at $22,360, the typical annual property tax bill is $328, which is far below the national median of $2,690. Property taxes in Encinal 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 Encinal'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 Encinal or another part of La Salle County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Encinal, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.93%
Estimate Property Tax Bill
$432
$400
Ownwell’s Encinal Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Encinal with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Encinal 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 Encinal, Texas
Property taxes in Encinal, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Encinal is 1.93%, significantly higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Encinal set these rates annually, and they can vary significantly across different neighborhoods. Each year, Encinal 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 Encinal's effective property tax rate to other counties in Texas and the national median. For comparison, the 78019 zip code has both the highest and lowest median property tax rate of 1.93%. Understanding how these cities compare with Encinal provides valuable insights into the varying tax landscape across La Salle County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Encinal Tax Rate
1.93%
Average La Salle County Tax Rate
2.08%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Encinal, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78019 | 0.43% | 1.38% | 1.93% | 1.93% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across Encinal, Texas
In Encinal, 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 La Salle 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 Encinal, 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. For instance, in Encinal, the highest median tax bill is $328 in the 78019 zip code, while the lowest median tax bill is also $328 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Encinal Assessed Value
$22,360
Average La Salle County Assessed Value
$28,385
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Encinal, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78019 | $8,868 | $12,530 | $22,360 | $43,740 | $70,436 |
Source: Ownwell
Property Tax Bills Across Encinal, Texas
In Encinal, located in La Salle County, TX, property tax bills are calculated by applying the local property tax rate to the assessed value of a home. The assessed value is determined by the county appraisal district and reflects the market value of the property. Homeowners in Encinal can expect property tax bills that vary widely based on their property's assessed value and the specific tax rate applied. For example, the median home price in Encinal is $22,360. Property tax bills in the area range significantly, with the 25th percentile at $160 and the 75th percentile at $804. At the 90th percentile, homeowners might face tax bills as high as $1,300. The highest and lowest median tax bills in the area are both $328, illustrating some consistency in certain neighborhoods. These taxes fund essential public services such as schools, emergency services, and infrastructure maintenance. Therefore, understanding how property tax bills are calculated is crucial for homeowners to budget effectively and anticipate annual expenses.
Average Encinal Tax Bill
$328
Average La Salle County Tax Bill
$486
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Encinal, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78019 | $81 | $160 | $328 | $804 | $1,300 |
Source: Ownwell