Sweeny, Texas Property Taxes
The median property tax rate in Sweeny, TX is 0.75%, considerably lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Sweeny, the typical annual property tax bill reaches $878, significantly below the national median of $2,690. Property taxes in Sweeny are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Sweeny's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Sweeny or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sweeny, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.75%
Estimate Property Tax Bill
$639
$593
Ownwell’s Sweeny Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sweeny with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sweeny 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 Sweeny, Texas
Property taxes in Sweeny, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sweeny is 0.75%, lower than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Sweeny set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sweeny 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 Sweeny's effective property tax rate to other counties in Texas and the national median. For comparison, the 77480 zip code has the highest median property tax rate of 0.75%, while the same zip code also has the lowest median tax rate of 0.75%. Understanding how these cities compare with Sweeny 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 Sweeny Tax Rate
0.75%
Average Matagorda County Tax Rate
1.53%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sweeny, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77480 | 0.18% | 0.42% | 0.75% | 1.27% | 1.89% |
Source: Ownwell
Property Tax Assessment Values Across Sweeny, Texas
In Sweeny, 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 Sweeny, 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 Sweeny helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Sweeny, the zip code with the highest median tax bill is 77480, with a median tax bill of $878.00. The lowest median tax bill is also found in the same zip code, 77480, with a median tax bill of $878.00.
Average Sweeny Assessed Value
$85,150
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 Sweeny, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77480 | $24,466 | $46,290 | $85,150 | $229,690 | $385,784 |
Source: Ownwell
Property Tax Bills Across Sweeny, Texas
Property tax bills in Sweeny, located in Matagorda County, TX, are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county appraisal district, which estimates the market value of the property. This value is then multiplied by the local tax rate to calculate the annual tax bill. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. Homeowners in Sweeny can expect a range of tax bills, with the 25th percentile tax bill around $288 and the 75th percentile reaching up to $1,814. The 90th percentile tax bill can be as high as $2,929. Compared to the national median property tax rate of 0.99%, Sweeny's property taxes can significantly impact homeowners, especially those with higher-valued properties. Understanding these factors helps homeowners budget for their annual property tax obligations and potentially seek exemptions to reduce their tax burden.
Average Sweeny Tax Bill
$878
Average Matagorda County Tax Bill
$1,664
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Sweeny, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77480 | $147 | $288 | $878 | $1,814 | $2,929 |
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 |