Star, Texas Property Taxes
The median property tax rate in STAR, TX is 1.50%, noticeably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in STAR at $58,700, the typical annual property tax bill amounts to $476, which is significantly below the national median of $2,690. Property taxes in STAR are assessed based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding STAR'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 STAR 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
Star, 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 STAR Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in STAR with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in STAR 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 Star, Texas
Property taxes in STAR, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in STAR is 1.50%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within STAR set these rates annually, and they can vary significantly across different neighborhoods. Each year, STAR 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 STAR's effective property tax rate to other counties in Texas and the national median. For comparison, the 76880 zip code has the highest median property tax rate of 1.50%, while the same zip code also has the lowest median tax rate of 1.50%. Understanding how these cities compare with STAR provides valuable insights into the varying tax landscape across Mills County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Star Tax Rate
1.50%
Average Mills County Tax Rate
1.41%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Star, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76880 | 1.09% | 1.50% | 1.50% | 1.50% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Star, Texas
In STAR, 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 Mills 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 STAR, 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. For instance, the median home price in STAR is $58,700, with tax bills ranging from $35 at the 25th percentile to $1,252 at the 90th percentile. The highest and lowest median tax bills both stand at $476 in the zip code 76880. 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 STAR helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Star Assessed Value
$58,700
Average Mills County Assessed Value
$100,465
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Star, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76880 | $1,828 | $2,320 | $58,700 | $64,420 | $83,530 |
Source: Ownwell
Property Tax Bills Across Star, Texas
In STAR, located in Mills County, TX, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county appraisal district, which evaluates the property's market value. Once the market value is established, the tax rate, set by local taxing authorities, is applied to this assessed value to calculate the tax bill. Several factors influence the tax bill, including property size, location, and any applicable exemptions. For instance, STAR has a median home price of $58,700, and tax bills can vary significantly. Homeowners in the 25th percentile pay around $35, while those in the 75th percentile see bills closer to $966. The highest tax bills, in the 90th percentile, can reach up to $1,252. These property taxes fund essential services like schools, public safety, and infrastructure. For homeowners, understanding how these taxes are calculated helps in budgeting for annual expenses and can influence decisions on property investments.
Average Star Tax Bill
$476
Average Mills County Tax Bill
$1,261
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Star, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76880 | $27 | $35 | $476 | $966 | $1,252 |
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 | |
|---|---|
| Mills Appraisal District | |
| Website | esearch.millscad.org |