Boling, Texas Property Taxes
The median property tax rate in Boling, TX is 0.39%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Boling, the typical annual property tax bill is $465, which is much less than the national median of $2,690. Property taxes in Boling 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 Boling'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 Boling or another part of Matagorda County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Boling, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.39%
Estimate Property Tax Bill
$625
$580
Ownwell’s Boling Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Boling with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Boling 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 Boling, Texas
Property taxes in Boling, Texas, are essential for funding critical local services, including public schools, road maintenance, and emergency services. The median tax rate in Boling is 1.69%, significantly higher than both the Texas state median of 1.6% and the U.S. national median of 0.99%. Local government entities within Boling set these rates annually, with variations across different neighborhoods. Each year, Boling 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 Boling's effective property tax rate to other counties in Texas and the national median. For comparison, the highest median property tax rate in Texas is 2.18%, while the lowest is 0.61%. Understanding how these cities compare with Boling 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 Boling Tax Rate
0.39%
Average Matagorda County Tax Rate
1.53%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Boling, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77420 | 0.26% | 0.29% | 0.39% | 0.45% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Boling, Texas
In Boling, 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 Boling, 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 highest median tax bill in Boling is found in the 77420 zip code, amounting to $465.00, while the lowest median tax bill is also in the same zip code. Being aware of these valuation processes in Boling helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Boling Assessed Value
$160,220
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 Boling, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77420 | $74,063 | $110,255 | $160,220 | $213,590 | $281,520 |
Source: Ownwell
Property Tax Bills Across Boling, Texas
In Boling, Matagorda County, TX, property tax bills are calculated based on the assessed value of the property. This assessed value is typically a percentage of the property's market value, which is determined by the local appraisal district. Once the assessed value is established, local tax rates are applied to calculate the annual property tax bill. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions. For instance, homeowners in Boling might see variations in their tax bills, with the 25th percentile paying around $377 and the 75th percentile paying approximately $491. Those at the higher end, in the 90th percentile, could face tax bills as high as $928. Understanding these calculations is crucial for homeowners, as property taxes can significantly impact their annual expenses. Compared to the national median property tax rate of 0.99%, Boling's property tax rates reflect the unique economic and regulatory environment of Matagorda County.
Average Boling Tax Bill
$465
Average Matagorda County Tax Bill
$1,664
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Boling, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77420 | $323 | $377 | $465 | $491 | $928 |
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 |