Blessing, Texas Property Taxes
The median property tax rate in Blessing, TX is 1.12%, slightly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $79,510 in Blessing, the typical annual property tax bill is $767, which is significantly less than the national median of $2,690. Property taxes in Blessing are determined based on the assessed value, which often falls below market value due to exemptions like those for primary residences and agricultural use. By understanding Blessing's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether you're residing in the heart of Blessing or its surrounding areas, a thorough grasp of the local property tax system will prove beneficial.
Last Updated June 14, 2024
Blessing, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Blessing Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Blessing with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Blessing 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 Blessing, Texas
Property taxes in Blessing, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Blessing is 1.12%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Blessing set these rates annually, and they can vary significantly across different neighborhoods. Each year, Blessing 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 Blessing's effective property tax rate to other counties in Texas and the national median. For comparison, the 77419 zip code has the highest median property tax rate of 1.12%, while the same zip code also has the lowest median tax rate of 1.12%. Understanding how these cities compare with Blessing provides valuable insights into the varying tax landscape across Matagorda County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Blessing Tax Rate
1.12%
Average Matagorda County Tax Rate
1.53%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Blessing, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77419 | 0.33% | 0.66% | 1.12% | 1.80% | 1.87% |
Source: Ownwell
Property Tax Assessment Values Across Blessing, Texas
In Blessing, 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 Matagorda 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 Blessing, 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 Blessing is $79,510, with tax bills ranging from $298 at the 25th percentile to $2,735 at the 90th percentile. The highest and lowest median tax bill is $767 in the 77419 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Blessing Assessed Value
$79,510
Average Matagorda County Assessed Value
$130,525
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Blessing, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77419 | $10,550 | $22,740 | $79,510 | $169,770 | $309,632 |
Source: Ownwell
Property Tax Bills Across Blessing, Texas
In Blessing, located in Matagorda County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district, which evaluates the property's market value. Once the assessed value is established, local taxing authorities apply their respective tax rates to calculate the final tax bill. Factors influencing the tax bill include the property's market value, the tax rate set by local jurisdictions, and any applicable exemptions. For instance, the median home price in Blessing is $79,510. Tax bills can vary significantly, with the 25th percentile at $298 and the 75th percentile reaching $1,578. At the 90th percentile, homeowners might see tax bills as high as $2,735. Compared to the national median property tax rate of 0.99%, Blessing's rates reflect the unique economic and policy conditions of the area. These tax bills significantly impact homeowners by influencing their annual financial obligations and overall cost of homeownership.
Average Blessing Tax Bill
$767
Average Matagorda County Tax Bill
$1,664
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Blessing, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77419 | $107 | $298 | $767 | $1,578 | $2,735 |
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 | |
|---|---|
| Matagorda Appraisal District | |
| Website | propaccess.trueautomation.com |