Mccarty %26 Shields, Texas Property Taxes
The median property tax rate in MCCARTY & SHIELDS, TX is 0.60%, considerably lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in MCCARTY & SHIELDS, the typical annual property tax bill reaches $344, significantly below the national median of $2,690. Property taxes in MCCARTY & SHIELDS are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding MCCARTY & SHIELDS'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 MCCARTY & SHIELDS 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
Mccarty %26 Shields, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$334
$310
$1,148
Average Tax Savings
Ownwell’s MCCARTY & SHIELDS Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in MCCARTY & SHIELDS with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in MCCARTY & SHIELDS 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 MCCARTY & SHIELDS. 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 Mccarty %26 Shields, Texas
Property taxes in MCCARTY & SHIELDS, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in MCCARTY & SHIELDS is 1.80%, higher than both the Texas state median of 1.66% and the U.S. national median of 0.99%. Local government entities within MCCARTY & SHIELDS set these rates annually, and they can vary significantly across different neighborhoods. Each year, MCCARTY & SHIELDS 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 MCCARTY & SHIELDS's effective property tax rate to other counties in Texas and the national median. For comparison, the zip code 77047 has the highest median property tax rate of 2.38%, while zip code 77048 has the lowest median tax rate of 1.80%. Understanding how these cities compare with MCCARTY & SHIELDS provides valuable insights into the varying tax landscape across Harris County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mccarty %26 Shields Tax Rate
0.60%
Average Liberty County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mccarty %26 Shields, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|
Source: Ownwell
$1,148
Average Mccarty %26 Shields Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Mccarty %26 Shields, Texas
In MCCARTY & SHIELDS, 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 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. For instance, the median home price in MCCARTY & SHIELDS is $55,685, with annual tax bills ranging from $227 at the 25th percentile to $532 at the 90th percentile. Being aware of these valuation processes in MCCARTY & SHIELDS helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Mccarty %26 Shields, Texas
Source: Ownwell
$5,310
$285,980
$566,650
Average Mccarty %26 Shields Assessed Value
$55,685
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 Mccarty %26 Shields, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|
Source: Ownwell
$1,148
Average Mccarty %26 Shields Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Mccarty %26 Shields, Texas
In MCCARTY & SHIELDS, Liberty County, TX, property tax bills are calculated based on the assessed value of your home and the local tax rate. With a median home price of $55,685, homeowners can expect varying tax bills. For instance, the 25th percentile tax bill is $227, while the 75th percentile tax bill reaches $462, and the 90th percentile tax bill is $532. These figures are influenced by the assessed value, which may differ from the market value, and the local tax rate, which is crucial in determining your final bill. High property taxes can significantly impact homeowners, making it essential to ensure your property is accurately assessed. This is where Ownwell steps in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners challenge inaccurate assessments and secure potential savings. With a national median property tax rate of 0.99%, understanding and managing your property tax bill can lead to substantial financial relief, and Ownwell is here to guide you through the process.
Average Mccarty %26 Shields Tax Bill
$344
Average Liberty County Tax Bill
$1,071
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Mccarty %26 Shields, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|
Source: Ownwell
$1,148
Average Mccarty %26 Shields 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.