Montague County Property Taxes
The median property tax rate in Montague County is 1.38%, which is significantly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $136,020 in Montague County, the typical annual property tax bill amounts to $1,909, which is below the national median of $2,690. Property taxes in Montague County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Gaining a comprehensive understanding of Montague County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you reside in Bowie or another part of Montague County, being well-informed about local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Montague County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.38%
Estimate Property Tax Bill
$1,877
$1,742
Ownwell’s Montague Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Montague with just 2 data points. Enter your property's estimated assessed value, our calculator applies the median tax rate in Montague to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Montague County, Texas
Property taxes in Montague County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Montague County is 1.38%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Montague County set these rates annually, and they can vary significantly between different areas within the county. Each year, Montague County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Montague County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Saint Jo has one of the higher property tax rates in Texas at 2.07%, while the city of Muenster boasts one of the lowest at 1.18%. Analyzing how Montague County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Montague County Tax Rate
1.38%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Montague County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alvord | 1.00% | 1.17% | 1.24% | 1.24% | 1.27% |
Bellevue | 0.76% | 1.17% | 1.24% | 1.24% | 1.24% |
Bowie | 1.10% | 1.36% | 1.38% | 1.92% | 1.92% |
Forestburg | 0.28% | 0.96% | 1.22% | 1.24% | 1.27% |
Montague | 0.50% | 1.10% | 1.24% | 1.26% | 1.26% |
Muenster | 0.37% | 0.62% | 1.18% | 1.60% | 1.60% |
Nocona | 1.03% | 1.37% | 1.42% | 1.78% | 1.78% |
Ringgold | 0.78% | 1.08% | 1.24% | 1.24% | 1.24% |
Saint Jo | 0.99% | 1.41% | 2.07% | 2.16% | 2.16% |
Sunset | 0.48% | 1.12% | 1.37% | 1.37% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Montague County, Texas
In Montague County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Montague County Appraisal District. The assessed value, however, 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 Montague County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. Montague County has a median home price of $136,020, with tax bills ranging significantly across the region. For instance, Alvord has the highest median tax bill at $4,046, while Ringgold has the lowest at $742. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Montague County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Montague County Assessed Value
$136,020
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Montague County, Texas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alvord | $144,001 | $271,562 | $361,030 | $476,578 | $586,169 |
Bellevue | $33,128 | $64,205 | $123,400 | $304,452 | $452,040 |
Bowie | $36,758 | $71,770 | $139,790 | $252,890 | $432,926 |
Forestburg | $40,110 | $93,485 | $262,220 | $616,400 | $1,091,690 |
Montague | $40,180 | $94,690 | $204,045 | $424,320 | $820,700 |
Muenster | $144,818 | $207,755 | $309,775 | $412,435 | $476,524 |
Nocona | $17,154 | $51,260 | $113,130 | $232,360 | $466,938 |
Ringgold | $12,576 | $31,240 | $82,400 | $176,520 | $426,376 |
Saint Jo | $27,310 | $58,290 | $114,790 | $241,860 | $605,444 |
Sunset | $35,120 | $88,910 | $260,910 | $437,000 | $639,854 |
Source: Ownwell
Property Tax Bills Across Montague County, Texas
In Montague County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. The assessed value is then multiplied by the local property tax rate to determine the tax bill. Homeowners in Montague County can expect a wide range of tax bills, depending on their property's assessed value. For instance, the 25th percentile tax bill is around $918, while the 75th percentile tax bill reaches approximately $3,560. At the higher end, the 90th percentile tax bill can be as much as $5,881. Several factors influence these tax bills, including property size, location, and market conditions. In comparison to the national median property tax rate of 0.99%, Montague County's tax rates reflect the local economic environment and funding needs for public services. Homeowners in cities like Alvord face higher median tax bills, around $4,046, while those in Ringgold experience significantly lower median tax bills, approximately $742. These variations highlight the importance of understanding local tax policies and their impact on individual financial obligations.
Average Montague County Tax Bill
$1,909
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Montague County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alvord | $1,785 | $3,367 | $4,046 | $5,989 | $7,041 |
Bellevue | $392 | $730 | $1,287 | $2,757 | $4,638 |
Bowie | $500 | $1,135 | $2,160 | $3,629 | $5,370 |
Forestburg | $367 | $876 | $2,071 | $4,896 | $10,179 |
Montague | $451 | $1,017 | $1,968 | $4,080 | $7,291 |
Muenster | $844 | $1,358 | $2,792 | $4,461 | $5,398 |
Nocona | $247 | $752 | $1,629 | $2,979 | $5,426 |
Ringgold | $154 | $342 | $742 | $1,524 | $4,522 |
Saint Jo | $501 | $1,002 | $1,944 | $3,745 | $7,014 |
Sunset | $337 | $937 | $2,477 | $5,218 | $7,517 |
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 | |
---|---|
Montague Appraisal District | |
Website | iswdataclient.azurewebsites.net |