Van Vleck, Texas Property Taxes
The median property tax rate in Van Vleck, TX is 0.94%, 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 $109,220 in Van Vleck, the typical annual property tax bill amounts to $1,041, which is below the national median of $2,690. Property taxes in Van Vleck are determined based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Van Vleck's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're in the heart of Van Vleck or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Van Vleck, 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 Van Vleck Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Van Vleck with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Van Vleck 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 Van Vleck, Texas
Property taxes in Van Vleck, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Van Vleck is 0.94%, slightly below the U.S. national median of 0.99%. Local government entities within Van Vleck set these rates annually, and they can vary significantly across different neighborhoods. Each year, Van Vleck 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. Understanding how Van Vleck compares with other areas 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 Van Vleck Tax Rate
0.94%
Average Matagorda County Tax Rate
1.53%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Van Vleck, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77482 | 0.29% | 0.59% | 0.94% | 1.53% | 1.99% |
Source: Ownwell
Property Tax Assessment Values Across Van Vleck, Texas
In Van Vleck, 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. Assessment notices in Van Vleck 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. In Van Vleck, the median home price is $109,220, with annual tax bills ranging from $364 at the 25th percentile to $3,152 at the 90th percentile. The zip code 77482 has both the highest and lowest median tax bill at $1,041. Knowing these details helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Van Vleck Assessed Value
$109,220
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 Van Vleck, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77482 | $10,372 | $44,692 | $109,220 | $224,815 | $317,374 |
Source: Ownwell
Property Tax Bills Across Van Vleck, Texas
In Van Vleck, 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 market value of the property. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the assessed value, including the property's location, size, and condition. For homeowners in Van Vleck, the median home price is $109,220. Tax bills in the area vary significantly, with the 25th percentile at $364 and the 75th percentile at $1,990. At the 90th percentile, homeowners can expect a tax bill of $3,152. These property taxes fund essential local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, the rates in Van Vleck offer a range of financial responsibilities for homeowners, impacting their annual budget and overall cost of living.
Average Van Vleck Tax Bill
$1,041
Average Matagorda County Tax Bill
$1,664
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Van Vleck, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77482 | $119 | $364 | $1,041 | $1,990 | $3,152 |
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 |