Hallettsville, Texas Property Taxes
The median property tax rate in Hallettsville, TX is 1.30%, notably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Hallettsville at $184,289, the typical annual property tax bill amounts to $2,373, which is below the national median of $2,690. Property taxes in Hallettsville are determined based on the assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural land. Understanding Hallettsville'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 Hallettsville or another part of Lavaca County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hallettsville, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$2,396
$2,223
Ownwell’s Hallettsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hallettsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hallettsville 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 Hallettsville, Texas
Property taxes in Hallettsville, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hallettsville is 1.30%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Hallettsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hallettsville 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 Hallettsville's effective property tax rate to other counties in Texas and the national median. For comparison, the 77964 zip code has the highest median property tax rate of 1.30%, while the same 77964 zip code also has the lowest median tax rate of 1.30%. Understanding how these cities compare with Hallettsville provides valuable insights into the varying tax landscape across Lavaca County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hallettsville Tax Rate
1.30%
Average Lavaca County Tax Rate
1.39%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hallettsville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77964 | 0.37% | 0.72% | 1.30% | 1.70% | 1.81% |
Source: Ownwell
Property Tax Assessment Values Across Hallettsville, Texas
In Hallettsville, 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 Lavaca 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. Assessment notices in Hallettsville 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. The highest median tax bill in Hallettsville is $2,373 in the 77964 zip code, which is the same as the lowest median tax bill. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Hallettsville Assessed Value
$184,289
Average Lavaca County Assessed Value
$161,748
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hallettsville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77964 | $18,986 | $73,232 | $184,289 | $385,901 | $681,436 |
Source: Ownwell
Property Tax Bills Across Hallettsville, Texas
In Hallettsville, located in Lavaca County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and reflects the market value of the property. Several factors influence this assessment, including the home's location, size, age, and condition. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual property tax bill. In Hallettsville, the tax bill can vary significantly, with the 25th percentile at $1,159 and the 75th percentile reaching $3,795. At the 90th percentile, homeowners might see tax bills as high as $5,642. These property taxes directly impact homeowners by contributing to the funding of essential local services such as schools, emergency services, and infrastructure maintenance. Given that the national median property tax rate is 0.99%, understanding these local variations helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Hallettsville Tax Bill
$2,373
Average Lavaca County Tax Bill
$2,167
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Hallettsville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77964 | $437 | $1,159 | $2,373 | $3,795 | $5,642 |
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 | |
|---|---|
| Lavaca Appraisal District | |
| Website | propaccess.trueautomation.com |