Natalia, Texas Property Taxes
The median property tax rate in Natalia, TX is 1.47%, which is considerably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Natalia at $118,955, the typical annual property tax bill reaches $1,628, falling below the national median of $2,690. Property taxes in Natalia 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 Natalia'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 Natalia 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
Natalia, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.47%
Estimate Property Tax Bill
$1,749
$1,618
Ownwell’s Natalia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Natalia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Natalia 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 Natalia, Texas
Property taxes in Natalia, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Natalia is 1.47%, higher than both the Texas state median of 1.6% and the U.S. national median of 0.99%. Local government entities within Natalia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Natalia 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 Natalia's effective property tax rate to other counties in Texas and the national median. For comparison, the 78059 zip code has the highest median property tax rate of 1.47%, while the 78059 zip code has the lowest median tax rate of 1.47%. Understanding how these cities compare with Natalia provides valuable insights into the varying tax landscape across Medina County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Natalia Tax Rate
1.47%
Average Medina County Tax Rate
1.52%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Natalia, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78059 | 0.60% | 1.01% | 1.47% | 1.99% | 2.63% |
Source: Ownwell
Property Tax Assessment Values Across Natalia, Texas
In Natalia, 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 Medina 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 Natalia 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. For instance, the median home price in Natalia is $118,955, with tax bills ranging from $710 at the 25th percentile to $6,030 at the 90th percentile. The zip code with both the highest and lowest median tax bills is 78059, at $1,628. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Natalia Assessed Value
$118,955
Average Medina County Assessed Value
$140,520
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Natalia, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78059 | $28,358 | $59,365 | $118,955 | $241,798 | $396,769 |
Source: Ownwell
Property Tax Bills Across Natalia, Texas
In Natalia, located in Medina 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 annually by the county appraisal district and reflects the market value of the property. The local tax rate, which varies by jurisdiction, is then applied to this assessed value to calculate the tax bill. For homeowners in Natalia, the median home price stands at $118,955. Property tax bills can vary significantly, with the 25th percentile at $710 and the 75th percentile reaching up to $3,433. At the higher end, the 90th percentile tax bill can be as much as $6,030. These variations impact homeowners differently, depending on the assessed value of their property and the specific tax rate applied. Comparatively, the national median property tax rate is 0.99%, making it essential for homeowners in Natalia to understand how local rates and assessed values influence their annual tax obligations.
Average Natalia Tax Bill
$1,628
Average Medina County Tax Bill
$1,930
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Natalia, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78059 | $266 | $710 | $1,628 | $3,433 | $6,030 |
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 | |
|---|---|
| Medina Appraisal District | |
| Website | esearch.medinacad.org |