Hull, Texas Property Taxes
The median property tax rate in Hull, TX is 1.15%, slightly above the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $97,990 in Hull, the typical annual property tax bill amounts to $868, which is below the national median of $2,690. Property taxes in Hull are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural land. Understanding Hull'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 Hull or another part of Liberty County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hull, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$1,127
$1,046
$1,148
Average Tax Savings
Ownwell’s Hull Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hull with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hull to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Hull. 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 Hull, Texas
Property taxes in Hull, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hull is 1.15%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Hull set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hull 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 Hull's effective property tax rate to other counties in Texas and the national median. For comparison, the 77564 zip code has the highest median property tax rate of 1.15%, while the 77564 zip code also has the lowest median tax rate of 1.15%. Understanding how these cities compare with Hull 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 Hull Tax Rate
1.15%
Average Liberty County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hull, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77564 | 0.26% | 0.66% | 1.15% | 1.52% | 1.65% |
Source: Ownwell
$1,148
Average Hull Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Hull, Texas
In Hull, 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 Hull, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Hull's median property tax bill stands at $868.00, with the zip code 77564 reflecting both the highest and lowest median tax bills. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Hull Assessed Value
$97,990
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 Hull, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77564 | $15,822 | $42,890 | $97,990 | $177,015 | $278,918 |
Source: Ownwell
$1,148
Average Hull Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Hull, Texas
Property tax bills in Hull, Liberty County, TX, are determined by multiplying the assessed value of a property by the local tax rate. For example, with a median home price of $97,990, homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rate applied. The 25th percentile tax bill is around $334, while the 75th percentile reaches up to $1,699, and the 90th percentile can go as high as $2,895. These figures show a significant range, highlighting how different factors like property location and improvements can impact tax bills. Homeowners in Hull may find these tax bills burdensome, especially when compared to the national median property tax rate of 0.99%. Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging expert knowledge and local market insights, Ownwell helps homeowners potentially reduce their assessed property values, leading to lower tax bills. This service can be a valuable resource for those looking to manage their property tax expenses effectively.
Average Hull Tax Bill
$868
Average Liberty County Tax Bill
$1,071
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Hull, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77564 | $122 | $334 | $868 | $1,699 | $2,895 |
Source: Ownwell
$1,148
Average Hull 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 |
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