Shenandoah, Texas Property Taxes
The median property tax rate in Shenandoah, TX is 1.33%, higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $263,220 in Shenandoah, the typical annual property tax bill reaches $3,864, significantly exceeding the national median of $2,690. Property taxes in Shenandoah are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Shenandoah'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 Shenandoah 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
Shenandoah, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.33%
Estimate Property Tax Bill
$3,501
$3,249
$1,148
Average Tax Savings
Ownwell’s Shenandoah Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Shenandoah with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shenandoah 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 Shenandoah. 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 Shenandoah, Texas
Property taxes in Shenandoah, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shenandoah is 1.33%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Shenandoah set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shenandoah 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 Shenandoah's effective property tax rate to other counties in Texas and the national median. For comparison, the 77381 zip code has the highest median property tax rate of 1.33%, while the 77381 zip code has the lowest median tax rate of 1.33%. Understanding how these cities compare with Shenandoah 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 Shenandoah Tax Rate
1.33%
Average Montgomery County Tax Rate
1.63%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shenandoah, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77381 | 0.77% | 1.00% | 1.33% | 1.49% | 1.86% |
Source: Ownwell
$1,148
Average Shenandoah Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Shenandoah, Texas
In Shenandoah, 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 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 Shenandoah, 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. The median home price in Shenandoah is $263,220, with tax bills ranging from $2,280 at the 25th percentile to $8,771 at the 90th percentile. The highest and lowest median tax bills, both at $3,864, are found in the 77381 zip code. 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 Shenandoah helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Shenandoah Assessed Value
$263,220
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 Shenandoah, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77381 | $199,620 | $220,730 | $263,220 | $460,940 | $634,890 |
Source: Ownwell
$1,148
Average Shenandoah Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Shenandoah, Texas
In Shenandoah, located in Montgomery County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in this area is $263,220, and the property tax rate is crucial in determining the final tax bill. Factors such as property location, home improvements, and market conditions influence the assessed value. Homeowners in Shenandoah can expect a wide range of tax bills, with the 25th percentile at $2,280 and the 75th percentile reaching $6,353, while the 90th percentile climbs to $8,771. Property taxes significantly impact homeowners, as higher taxes can strain finances, especially in areas with rapidly increasing property values. Ownwell offers valuable assistance by providing property tax appeal and exemption services. By leveraging expertise in local tax regulations and market trends, Ownwell helps homeowners potentially lower their assessed values, resulting in reduced tax bills. This service not only saves money but also brings peace of mind to property owners in Shenandoah.
Average Shenandoah Tax Bill
$3,864
Average Montgomery County Tax Bill
$4,550
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Shenandoah, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77381 | $1,668 | $2,280 | $3,864 | $6,353 | $8,771 |
Source: Ownwell
$1,148
Average Shenandoah 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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