O Le Gros, Texas Property Taxes
The median property tax rate in O LE GROS, TX is 1.00%, slightly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in O LE GROS at $50,870, the typical annual property tax bill amounts to $506, significantly below the national median of $2,690. Property taxes in O LE GROS are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding O LE GROS'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 O LE GROS 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
O Le Gros, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$509
$471
$1,148
Average O Le Gros, Texas Tax Savings
Ownwell’s O LE GROS Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in O LE GROS with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in O LE GROS 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 O LE GROS. 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 O Le Gros, Texas
Property taxes in O Le Gros, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in O Le Gros is 1.00%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within O Le Gros set these rates annually, and they can vary significantly across different neighborhoods. Each year, O Le Gros 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 O Le Gros's effective property tax rate to other counties in Texas and the national median. For comparison, the highest median property tax rate in the region is found in Zip Code 77437 with a rate of 2.00%, while the lowest median tax rate is in Zip Code 77575 at 0.50%. Understanding how these cities compare with O Le Gros 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 O Le Gros Tax Rate
1.00%
Average Liberty County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across O Le Gros, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average O Le Gros Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across O Le Gros, Texas
In O LE GROS, 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 O LE GROS, 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. Being aware of these valuation processes in O LE GROS helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip codes with the highest and lowest tax bills are both $506, reflecting the consistency in the property tax amounts across the area.
Average O Le Gros Assessed Value
$50,870
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 O Le Gros, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average O Le Gros Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across O Le Gros, Texas
In O Le Gros, Liberty County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in this area is $50,870. Homeowners can expect to pay around $506 in property taxes, regardless of whether they fall into the 25th, 75th, or even 90th percentile. This is significantly lower than the national median property tax rate of 0.99%, making it an attractive region for homeowners. Factors considered in calculating the tax bill include the property's assessed value and applicable tax rates set by local taxing authorities. High property taxes can be a burden, but Ownwell can help. By offering property tax appeal and exemption services, Ownwell ensures that homeowners are not overpaying. Our experts review your property’s assessed value and identify potential savings, helping you secure the most accurate and fair tax bill, thereby reducing your financial burden.
Average O Le Gros Tax Bill
$506
Average Liberty County Tax Bill
$1,071
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across O Le Gros, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average O Le Gros 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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