Donie, Texas Property Taxes
The median property tax rate in Donie, TX is 0.96%, slightly below the national median of 0.99% and significantly lower than the Texas state median of 1.67%. With a median home value of $207,650 in Donie, the typical annual property tax bill amounts to $1,886, which is well under the national median of $2,690. Property taxes in Donie are calculated based on the assessed value, which often falls below the market value due to exemptions like primary residence and agricultural exemptions. Understanding Donie'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 Donie or another part of Limestone County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Donie, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$1,993
$1,850
Ownwell’s Donie Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Donie with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Donie to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Donie, Texas
Property taxes in Donie, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Donie is 0.96%, which is lower than the U.S. national median of 0.99%. Local government entities within Donie set these rates annually, and they can vary significantly across different neighborhoods. Each year, Donie 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 Donie's effective property tax rate to other counties in Texas and the national median. For comparison, the 75838 zip code has the highest median property tax rate of 0.96%, while the same zip code also has the lowest median tax rate of 0.96%. Understanding how these cities compare with Donie provides valuable insights into the varying tax landscape across Limestone County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Donie Tax Rate
0.96%
Average Limestone County Tax Rate
1.05%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Donie, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75838 | 0.40% | 0.67% | 0.96% | 1.32% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across Donie, Texas
In Donie, 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 Limestone 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 Donie, 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. For instance, the median home price in Donie is $207,650. Homeowners in the 75838 zip code, which has the highest and lowest median tax bills at $1,886, can anticipate their tax responsibilities accordingly. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Donie Assessed Value
$207,650
Average Limestone County Assessed Value
$107,545
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Donie, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75838 | $64,532 | $146,090 | $207,650 | $368,900 | $571,084 |
Source: Ownwell
Property Tax Bills Across Donie, Texas
In Donie, located in Limestone County, TX, property tax bills are calculated based on the assessed value of a property and the applicable tax rates set by local taxing authorities. The assessed value is determined by the county appraisal district, which evaluates properties annually to reflect market conditions. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. Several factors influence the assessed value, including the property's location, size, and market trends. Homeowners in Donie can expect a median home price of $207,650. Property tax bills can vary significantly, with the 25th percentile tax bill at $954 and the 75th percentile reaching $4,387. The 90th percentile tax bill can go as high as $6,489. These tax bills directly impact homeowners' finances, making it essential for them to understand how their property is assessed and to explore possible exemptions or appeals to manage their tax liabilities effectively. Compared to the national median property tax rate of 0.99%, Donie's rates reflect the unique local economic conditions and property values.
Average Donie Tax Bill
$1,886
Average Limestone County Tax Bill
$971
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Donie, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75838 | $368 | $954 | $1,886 | $4,387 | $6,489 |
Source: 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 | |
|---|---|
| Limestone Appraisal District | |
| Website | esearch.limestonecad.com |