Flynn, Texas Property Taxes
The median property tax rate in Flynn, TX is 1.66%, slightly lower than the Texas state median of 1.67% but still significantly higher than the national median of 0.99%. With a median home value in Flynn of $126,420, the typical annual property tax bill is about $1,685, which is below the national median of $2,690. Property taxes in Flynn are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Flynn'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 Flynn or another part of Leon County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Flynn, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.66%
Estimate Property Tax Bill
$2,099
$1,947
Ownwell’s Flynn Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Flynn with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Flynn 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 Flynn, Texas
Property taxes in Flynn, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Flynn is 1.66%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Flynn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Flynn 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 Flynn's effective property tax rate to other counties in Texas and the national median. For comparison, the 77855 zip code has the highest median property tax rate of 1.66%, while the same zip code also has the lowest median tax rate of 1.66%. Understanding how these cities compare with Flynn provides valuable insights into the varying tax landscape across Leon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Flynn Tax Rate
1.66%
Average Leon County Tax Rate
1.60%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Flynn, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77855 | 0.75% | 1.66% | 1.66% | 1.66% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Flynn, Texas
In Flynn, 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 Leon 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 Flynn, 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 Flynn stands at $126,420, with tax bills ranging from $631 at the 25th percentile to $5,951 at the 90th percentile. The highest and lowest median tax bills are both $1,685, found in the 77855 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Flynn Assessed Value
$126,420
Average Leon County Assessed Value
$129,755
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Flynn, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77855 | $20,450 | $49,890 | $126,420 | $258,740 | $415,950 |
Source: Ownwell
Property Tax Bills Across Flynn, Texas
In Flynn, TX, property tax bills are determined based on the assessed value of a property and the local tax rate set by Leon County. The assessed value is a percentage of the market value of the home, which is then multiplied by the tax rate to calculate the annual tax bill. Homeowners in Flynn can expect varying tax bills depending on their property's value and specific location within the county. For instance, median home prices in Flynn are around $126,420. Tax bills can range significantly, with the 25th percentile paying approximately $631, and the 75th percentile facing bills around $3,719. The 90th percentile sees tax bills as high as $5,951. These variations highlight how property value assessments and local tax rates directly impact what homeowners owe. Compared to the national median property tax rate of 0.99%, Flynn's property taxes can be relatively moderate or quite substantial, depending on the assessed value. This system ensures that property taxes are proportionate to the value of the property, affecting homeowners differently based on their property's worth.
Average Flynn Tax Bill
$1,685
Average Leon County Tax Bill
$1,738
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Flynn, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77855 | $338 | $631 | $1,685 | $3,719 | $5,951 |
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 | |
|---|---|
| Leon Appraisal District | |
| Website | www.leoncad.org |