Horn Crossing, Texas Property Taxes
The median property tax rate in Horn Crossing, TX is 0.57%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Horn Crossing, the typical annual property tax bill is $253, well below the national median of $2,690. Property taxes in Horn Crossing are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Horn Crossing'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 Horn Crossing 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
Horn Crossing, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.57%
Estimate Property Tax Bill
$252
$234
$1,148
Average Tax Savings
Ownwell’s Horn Crossing Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Horn Crossing with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Horn Crossing to provide an estimate of your property tax bill. This valuable tool not only helps you understand potential tax liabilities but also demonstrates how Ownwell can assist in reducing property taxes in Horn Crossing. For those interested in more localized insights, scroll down to explore neighborhood-level trends. Your property's assessed value is determined by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Horn Crossing, Texas
Property taxes in Horn Crossing, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Horn Crossing is 1.91%, significantly higher than both the Texas state median of 1.66% and the U.S. national median of 0.99%. Local government entities within Horn Crossing set these rates annually, and they can vary significantly across different neighborhoods. Each year, Horn Crossing 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 Horn Crossing's effective property tax rate to other counties in Texas and the national median. For comparison, the 75201 zip code has the highest median property tax rate of 2.51%, while the 79821 zip code has the lowest median tax rate of 0.83%. Understanding how these cities compare with Horn Crossing provides valuable insights into the varying tax landscape across Liberty County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Horn Crossing Tax Rate
0.57%
Average Liberty County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Horn Crossing, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Horn Crossing Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Horn Crossing, Texas
In Horn Crossing, 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 Liberty 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 Horn Crossing, 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, homeowners in the zip code with the highest tax bills can expect amounts around $431, while those in the zip code with the lowest tax bills might see amounts closer to $203. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Horn Crossing helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Horn Crossing Assessed Value
$44,253
Average Liberty County Assessed Value
$88,865
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Horn Crossing, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Horn Crossing Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Horn Crossing, Texas
In Horn Crossing, Liberty County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The tax rate is then applied to this assessed value to calculate the annual tax bill. Several factors influence the assessed value, including the property's market value, condition, and any improvements or changes made to the property. For example, with a median home price of $44,253, homeowners in Horn Crossing can expect tax bills ranging from $203 at the 25th percentile to $431 at the 90th percentile. For homeowners, high property taxes can be a significant financial burden. However, Ownwell can help alleviate this by providing expert property tax appeal and exemption services. By reviewing your property’s assessed value and identifying any discrepancies or opportunities for exemptions, Ownwell can help lower your tax bill. This ensures you’re not overpaying and can make a meaningful difference in your annual expenses.
Average Horn Crossing Tax Bill
$253
Average Liberty County Tax Bill
$1,071
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Horn Crossing, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Horn Crossing Tax Savings
Save on your property taxes & more with 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 | |
|---|---|
| Liberty Appraisal District | |
| Website | esearch.libertycad.com |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.