Schulenburg, Texas Property Taxes
The median property tax rate in Schulenburg, TX is 0.80%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Schulenburg, the typical annual property tax bill amounts to $2,500, which is below the national median of $2,690. Property taxes in Schulenburg are calculated based on the assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural use. Understanding Schulenburg's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Schulenburg or elsewhere in Lavaca County, gaining insights into the local property tax system benefits both homeowners and real estate investors.
Last Updated June 14, 2024
Schulenburg, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$2,684
$2,491
Ownwell’s Schulenburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Schulenburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Schulenburg 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 Schulenburg, Texas
Property taxes in Schulenburg, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Schulenburg is 0.80%, lower than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within Schulenburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Schulenburg 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 Schulenburg's effective property tax rate to other counties in Texas and the national median. For comparison, the 78956 zip code has the highest median property tax rate of 0.80%, while the same zip code also has the lowest median tax rate of 0.80%. Understanding how these cities compare with Schulenburg 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 Schulenburg Tax Rate
0.80%
Average Lavaca County Tax Rate
1.39%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Schulenburg, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78956 | 0.27% | 0.48% | 0.80% | 1.29% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Schulenburg, Texas
In Schulenburg, 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. In Schulenburg, 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 example, the median home price in Schulenburg is $335,557. Property tax bills can vary significantly, with the 25th percentile at $1,376 and the 90th percentile reaching $6,658. The highest and lowest median tax bills both stand at $2,500 in the 78956 zip code. Understanding these valuation processes helps property owners identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Average Schulenburg Assessed Value
$335,557
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 Schulenburg, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78956 | $58,567 | $141,553 | $335,557 | $612,496 | $952,081 |
Source: Ownwell
Property Tax Bills Across Schulenburg, Texas
In Schulenburg, property tax bills are calculated based on the assessed value of a home, which is determined by the Lavaca County Appraisal District. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Factors such as the market value of the property, any applicable exemptions, and local tax rates all play a role in the final calculation. For example, the median home price in Schulenburg is $335,557. Homeowners in Schulenburg can expect their property tax bills to vary significantly. The 25th percentile of tax bills is around $1,376, while the 75th percentile can reach up to $4,222. At the higher end, the 90th percentile tax bill is approximately $6,658. These figures highlight the range of property tax burdens that homeowners may experience, influenced by the value of their property and the specific tax rate applied. This variability in tax bills can significantly impact homeowners' financial planning and budgeting.
Average Schulenburg Tax Bill
$2,500
Average Lavaca County Tax Bill
$2,167
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Schulenburg, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78956 | $848 | $1,376 | $2,500 | $4,222 | $6,658 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Lavaca Appraisal District | |
Website | propaccess.trueautomation.com |