Pecanwood Mhp, Texas Property Taxes
The median property tax rate in Pecanwood MHP, TX is 0.63%, notably lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $8,830 in Pecanwood MHP, the typical annual property tax bill is $56, significantly below the national median of $2,690. Property taxes in Pecanwood MHP are determined based on the assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Pecanwood MHP'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 Pecanwood MHP or another part of the city, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pecanwood Mhp, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.63%
Estimate Property Tax Bill
$56
$52
$1,148
Average Tax Savings
Ownwell’s Pecanwood MHP Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pecanwood MHP with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pecanwood MHP 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 Pecanwood MHP. 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 Pecanwood Mhp, Texas
Property taxes in Pecanwood MHP, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pecanwood MHP is 1.37%, notably higher than both the Texas state median of 1.74% and the U.S. national median of 0.99%. Local government entities within Pecanwood MHP set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pecanwood MHP 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 Pecanwood MHP's effective property tax rate to other counties in Texas and the national median. For comparison, the 78617 zip code has the highest median property tax rate of 2.24%, while the 79854 zip code has the lowest median tax rate of 0.31%. Understanding how these cities compare with Pecanwood MHP 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 Pecanwood Mhp Tax Rate
0.63%
Average Liberty County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pecanwood Mhp, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Pecanwood Mhp Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Pecanwood Mhp, Texas
In Pecanwood MHP, 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 Pecanwood MHP, 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. The median home price in Pecanwood MHP is $8,830, with tax bills at the 25th, 75th, and 90th percentiles all standing at $56. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Pecanwood Mhp Assessed Value
$8,830
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 Pecanwood Mhp, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Pecanwood Mhp Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Pecanwood Mhp, Texas
Property tax bills in Pecanwood MHP, Liberty County, TX, are calculated based on the assessed value of properties. The median home price in this area is $8,830, which is significantly lower than the national median. Homeowners pay a property tax rate that is influenced by local government budgets and school funding needs. In this region, the property tax bills are quite uniform, with the 25th, 75th, and 90th percentiles all standing at $56. This uniformity suggests a stable tax rate across different property values. The property tax bill is determined by multiplying the assessed value of the home by the local tax rate. Factors such as property improvements, market conditions, and neighborhood developments can influence the assessed value, thereby affecting the tax bill. For homeowners, this can mean fluctuating expenses that may not always align with their financial planning. Ownwell assists homeowners by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps reduce the assessed value, resulting in lower tax bills. This service ensures that homeowners are not overpaying and can achieve significant savings on their yearly property taxes.
Average Pecanwood Mhp Tax Bill
$56
Average Liberty County Tax Bill
$1,071
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Pecanwood Mhp, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Pecanwood Mhp 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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