Pinehurst, Texas Property Taxes
The median property tax rate in Pinehurst, TX is 1.50%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Pinehurst, the typical annual property tax bill reaches $3,652, exceeding the national median of $2,690. Property taxes in Pinehurst 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 Pinehurst'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 Pinehurst 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
Pinehurst, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.5%
Estimate Property Tax Bill
$3,984
$3,697
$1,148
Average Tax Savings
Ownwell’s Pinehurst Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pinehurst with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pinehurst to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Pinehurst. 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 Pinehurst, Texas
Property taxes in Pinehurst, Texas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pinehurst is 1.50%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Pinehurst set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pinehurst 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 Pinehurst's effective property tax rate to other counties in Texas and the national median. For comparison, the 77362 zip code has the highest median property tax rate of 1.50%, while the 77362 zip code has the lowest median tax rate of 1.50%. Understanding how these areas compare with Pinehurst provides valuable insights into the varying tax landscape across Montgomery County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pinehurst Tax Rate
1.50%
Average Montgomery County Tax Rate
1.63%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pinehurst, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77362 | 0.47% | 1.22% | 1.50% | 2.12% | 2.62% |
Source: Ownwell
$1,148
Average Pinehurst Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Pinehurst, Texas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Pinehurst, Texas. 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 Montgomery 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 Pinehurst, 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 Pinehurst helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill is $3,652 in the 77362 zip code, while the lowest is also $3,652 in the same zip code. This knowledge empowers property owners to take proactive steps in managing their property taxes effectively.
Average Pinehurst Assessed Value
$265,580
Average Montgomery County Assessed Value
$278,300
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pinehurst, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77362 | $29,670 | $165,222 | $265,580 | $435,318 | $634,725 |
Source: Ownwell
$1,148
Average Pinehurst Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Pinehurst, Texas
In Pinehurst, TX, property tax bills are calculated based on the assessed value of the home and the local tax rate set by Montgomery County. The median home price in Pinehurst is $265,580, and the tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property improvements, market conditions, and local government budgets influence the assessed value, which directly impacts the homeowner's tax obligation. For instance, the 25th percentile tax bill is $1,546, while the 75th percentile tax bill is $7,893, highlighting the range homeowners might experience. Homeowners in Pinehurst can face significant property tax bills, with the highest median tax bill recorded at $3,652. Ownwell offers expert property tax appeal and exemption services to help homeowners reduce their tax burdens. By analyzing property assessments and identifying discrepancies, Ownwell ensures that homeowners only pay their fair share. This can lead to substantial savings, providing financial relief and peace of mind for Pinehurst residents.
Average Pinehurst Tax Bill
$3,652
Average Montgomery County Tax Bill
$4,550
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Pinehurst, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77362 | $460 | $1,546 | $3,652 | $7,893 | $14,468 |
Source: Ownwell
$1,148
Average Pinehurst Tax Savings
Save on your property taxes & more with 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 | |
|---|---|
| Montgomery Appraisal District | |
| Website | mcad-tx.org |
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