La Grange, Texas Property Taxes
The median property tax rate in LA GRANGE, TX is 1.33%, 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 $157,210, the typical annual property tax bill in LA GRANGE amounts to $2,097, which is below the national median of $2,690. Property taxes here are calculated based on the assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding LA GRANGE'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 LA GRANGE 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
La Grange, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s LA GRANGE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in LA GRANGE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in LA GRANGE 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 La Grange, Texas
Property taxes in La Grange, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in La Grange is 1.33%, higher than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within La Grange set these rates annually, and they can vary significantly across different neighborhoods. Each year, La Grange 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 La Grange's effective property tax rate to other counties in Texas and the national median. For comparison, the 78945 zip code has the highest median property tax rate of 1.33%, while the 78945 zip code also has the lowest median tax rate of 1.33%. Understanding how these cities compare with La Grange provides valuable insights into the varying tax landscape across Lee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average La Grange Tax Rate
1.33%
Average Lee County Tax Rate
1.46%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across La Grange, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78945 | 0.77% | 1.22% | 1.33% | 1.48% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across La Grange, Texas
In LA GRANGE, 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 Lee 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 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 instance, the median home price in LA GRANGE is $157,210. The median tax bill for the 25th percentile is $1,666, while for the 75th percentile, it's $4,009. Interestingly, the highest and lowest median tax bills are both $2,097 in the zip code 78945. 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 La Grange Assessed Value
$157,210
Average Lee County Assessed Value
$200,180
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across La Grange, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78945 | $100,654 | $112,360 | $157,210 | $332,610 | $648,108 |
Source: Ownwell
Property Tax Bills Across La Grange, Texas
In LA GRANGE, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in the area is $157,210. Property taxes are influenced by the assessed value, which is determined by the county assessor, and the tax rate set by local taxing authorities. For homeowners in LA GRANGE, the median property tax bill is $2,097, which is significantly higher than the national median property tax rate of 0.99%. The tax bill can vary widely, with the 25th percentile tax bill at $1,666 and the 75th percentile tax bill at $4,009. The highest tax bill recorded in the area reaches $4,045. These figures highlight the variability in property tax bills depending on the specific assessed value of a property and the applicable tax rate. Homeowners in LA GRANGE should be aware of these factors as they can significantly impact annual expenses and overall affordability of their homes.
Average La Grange Tax Bill
$2,097
Average Lee County Tax Bill
$2,398
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across La Grange, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78945 | $1,493 | $1,666 | $2,097 | $4,009 | $4,045 |
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 | |
|---|---|
| Lee Appraisal District | |
| Website | esearch.lee-cad.org |