Sargent, Texas Property Taxes
The median property tax rate in Sargent, TX is 1.89%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $68,130 in Sargent, the typical annual property tax bill amounts to $1,226, which is still below the national median of $2,690. Property taxes in Sargent are calculated based on the assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Sargent'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 Sargent or another part of the county, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sargent, 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 Sargent Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers to estimate their annual property taxes in Sargent with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sargent to provide an estimate of 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 Sargent, Texas
Property taxes in Sargent, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sargent is 1.89%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Sargent set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sargent 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 Sargent's effective property tax rate to other counties in Texas and the national median. For comparison, the 77404 zip code has the highest median property tax rate of 1.89%, while the 77480 zip code has the lowest median tax rate of 1.19%. Understanding how these cities compare with Sargent 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 Sargent Tax Rate
1.89%
Average Matagorda County Tax Rate
1.53%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sargent, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77404 | 1.89% | 1.89% | 1.89% | 1.89% | 1.89% |
| 77414 | 0.96% | 1.43% | 1.89% | 2.25% | 2.33% |
| 77480 | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Sargent, Texas
In Sargent, 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 Sargent, 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. Being aware of these valuation processes in Sargent helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in the area is $1,238 in the 77414 zip code, while the lowest median tax bill is $685 in the 77404 zip code.
Average Sargent Assessed Value
$68,130
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 Sargent, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77404 | $28,172 | $31,190 | $36,219 | $41,248 | $44,266 |
| 77414 | $12,972 | $35,000 | $68,385 | $200,768 | $298,890 |
| 77480 | $68,460 | $68,460 | $68,460 | $68,460 | $68,460 |
Source: Ownwell
Property Tax Bills Across Sargent, Texas
In Sargent, located in Matagorda County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county appraisal district and reflects the property's market value. Once the assessed value is established, the tax rate set by local taxing authorities is applied. This rate can vary, but it is used uniformly to calculate the tax bill for all properties within the jurisdiction. Several factors influence the final tax bill, including the home's assessed value, the tax rate, and any applicable exemptions. For example, the median home price in Sargent is $68,130, and property tax bills can range significantly. Homeowners in the 25th percentile may see bills around $602, while those in the 75th percentile could face bills up to $3,234. At the 90th percentile, tax bills can reach as high as $5,126. These property taxes significantly impact homeowners by contributing to local services such as schools, emergency services, and infrastructure. Comparatively, the national median property tax rate is 0.99%, highlighting how local variations can affect financial responsibilities for homeowners.
Average Sargent Tax Bill
$1,226
Average Matagorda County Tax Bill
$1,664
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Sargent, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77404 | $534 | $591 | $685 | $780 | $837 |
| 77414 | $221 | $617 | $1,238 | $3,257 | $5,137 |
| 77480 | $814 | $814 | $814 | $814 | $814 |
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 |