Deport, Texas Property Taxes
The median property tax rate in Deport, TX is 1.13%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $89,820 in Deport, the typical annual property tax bill is $783, significantly below the national median of $2,690. Property taxes in Deport are calculated based on the tax assessed value, typically lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Deport'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 Deport 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
Deport, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$1,015
$942
Ownwell’s Deport Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Deport with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Deport 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 Deport, Texas
Property taxes in Deport, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Deport is 1.13%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Deport set these rates annually, and they can vary significantly across different neighborhoods. Each year, Deport 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 Deport's effective property tax rate to other counties in Texas and the national median. For comparison, the 75435 zip code has the highest median property tax rate of 1.13%, while the same zip code also has the lowest median tax rate of 1.13%. Understanding how these cities compare with Deport provides valuable insights into the varying tax landscape across Lamar County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Deport Tax Rate
1.13%
Average Lamar County Tax Rate
1.12%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Deport, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75435 | 0.34% | 0.61% | 1.13% | 1.92% | 2.12% |
Source: Ownwell
Property Tax Assessment Values Across Deport, Texas
In Deport, 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 Lamar 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 Deport, 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 in Deport is $89,820, with tax bills varying significantly. For example, the tax bill at the 25th percentile is $310, while at the 75th percentile, it's $1,463. The highest median tax bill in the area is $783 in the 75435 zip code. 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 Deport Assessed Value
$89,820
Average Lamar County Assessed Value
$126,530
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Deport, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75435 | $8,020 | $39,675 | $89,820 | $148,550 | $197,886 |
Source: Ownwell
Property Tax Bills Across Deport, Texas
In Deport, Lamar County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. Homeowners in Deport can expect their property tax bills to vary significantly depending on the value of their homes. For instance, the 25th percentile tax bill is around $310, while the 75th percentile reaches $1,463, and those in the 90th percentile can see bills as high as $2,328. These tax bills are influenced by several factors, including property size, location, and any applicable exemptions. The median home price in Deport is $89,820, and with the national median property tax rate at 0.99%, homeowners in this area may find their tax rates to be relatively comparable. Understanding these factors can help homeowners anticipate their tax obligations and plan accordingly.
Average Deport Tax Bill
$783
Average Lamar County Tax Bill
$1,230
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Deport, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75435 | $131 | $310 | $783 | $1,463 | $2,328 |
Source: 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 | |
|---|---|
| Lamar Appraisal District | |
| Website | esearch.lamarcad.org |