Riviera, Texas Property Taxes
The median property tax rate in Riviera, TX is 0.64%, which is significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Riviera being $67,310, the typical annual property tax bill amounts to $434, well below the national median of $2,690. Property taxes in Riviera are calculated based on the assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Riviera'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 Riviera or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Riviera, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.64%
Estimate Property Tax Bill
$431
$400
$1,148
Average Tax Savings
Ownwell’s Riviera Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Riviera with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Riviera 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 Riviera. 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 Riviera, Texas
Property taxes in Riviera, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Riviera is 1.23%, significantly higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Riviera set these rates annually, and they can vary significantly across different neighborhoods. Each year, Riviera 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 Riviera's effective property tax rate to other counties in Texas and the national median. For comparison, the 78379 zip code has the highest median property tax rate of 1.23%, while the same zip code also has the lowest median tax rate of 1.23%. Understanding how these cities compare with Riviera provides valuable insights into the varying tax landscape across Kleberg County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Riviera Tax Rate
0.64%
Average Liberty County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Riviera, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78379 | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% |
Source: Ownwell
$1,148
Average Riviera Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Riviera, Texas
In Riviera, 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 Riviera, 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. Riviera's median home price is $67,310, with the highest and lowest median tax bills both at $434 in the 78379 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Riviera Assessed Value
$67,310
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 Riviera, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78379 | $67,310 | $67,310 | $67,310 | $67,310 | $67,310 |
Source: Ownwell
$1,148
Average Riviera Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Riviera, Texas
In Riviera, Liberty County, TX, property tax bills are calculated based on the assessed value of a property. The local tax rate is applied to this assessed value, which is determined by the county's appraisal district. Factors such as property condition, location, and market trends significantly influence the assessed value. For instance, with a median home price of $67,310, homeowners can expect a median property tax bill of $434, which aligns with the 25th, 75th, and 90th percentiles in the area. This uniformity indicates a stable tax environment, but it may still pose a financial burden for some homeowners. Ownwell assists homeowners by offering property tax appeal and exemption services. By leveraging expert knowledge of local property tax regulations, Ownwell can identify potential discrepancies in assessed values and work to correct them, potentially reducing the tax burden. This service not only helps homeowners save money but also ensures they are paying a fair amount relative to their property's true market value.
Average Riviera Tax Bill
$434
Average Liberty County Tax Bill
$1,071
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Riviera, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78379 | $434 | $434 | $434 | $434 | $434 |
Source: Ownwell
$1,148
Average Riviera 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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