Mayer %26 Zepeda, Texas Property Taxes
The median property tax rate in Mayer & Zepeda, TX is 0.87%, which is significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $17,100 in Mayer & Zepeda, the typical annual property tax bill amounts to $148, far below the national median of $2,690. Property taxes in Mayer & Zepeda are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Mayer & Zepeda'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 Mayer & Zepeda or another part of Liberty County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mayer %26 Zepeda, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$149
$138
$1,148
Average Tax Savings
Ownwell’s Mayer & Zepeda Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mayer & Zepeda with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mayer & Zepeda 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 Mayer & Zepeda. 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 Mayer %26 Zepeda, Texas
Property taxes in Mayer & Zepeda, Texas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mayer & Zepeda is 1.13%, higher than both the Texas state median of 1.08% and the U.S. national median of 0.99%. Local government entities within Mayer & Zepeda set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mayer & Zepeda 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 Mayer & Zepeda's effective property tax rate to other counties in Texas and the national median. For comparison, the 75001 zip code has the highest median property tax rate of 1.25%, while the 73301 zip code has the lowest median tax rate of 0.83%. Understanding how these cities compare with Mayer & Zepeda provides valuable insights into the varying tax landscape across 48291, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mayer %26 Zepeda Tax Rate
0.87%
Average Liberty County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mayer %26 Zepeda, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Mayer %26 Zepeda Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Mayer %26 Zepeda, Texas
In Mayer & Zepeda, 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. Assessment notices in Mayer & Zepeda 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. Being aware of these valuation processes in Mayer & Zepeda helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in the area is $17,100, with tax bills ranging from $148 at the 25th percentile to $148 at the 90th percentile.
Average Mayer %26 Zepeda Assessed Value
$17,100
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 Mayer %26 Zepeda, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Mayer %26 Zepeda Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Mayer %26 Zepeda, Texas
In Mayer & Zepeda, Liberty County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in this area is $17,100, and the property tax rate is influenced by various local factors, such as school district funding and municipal services. Homeowners in Mayer & Zepeda typically face a tax bill around $148, which is significantly lower than the national median property tax rate of 0.99%. Several factors contribute to the final tax bill, including property size, location, and any applicable exemptions. For homeowners, these taxes can represent a substantial annual expense. This is where Ownwell steps in to assist. By leveraging expert knowledge and a thorough understanding of local tax codes, Ownwell can help homeowners appeal their property assessments and identify potential exemptions. This service ensures that homeowners are not overpaying and can save significantly on their property tax bills, providing peace of mind and financial relief.
Average Mayer %26 Zepeda Tax Bill
$148
Average Liberty County Tax Bill
$1,071
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Mayer %26 Zepeda, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Mayer %26 Zepeda 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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