Cason, Texas Property Taxes
The median property tax rate in Cason, TX is 1.39%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Cason, the typical annual property tax bill reaches $1,061, which is below the national median of $2,690. Property taxes in Cason 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 Cason'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 Cason 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
Cason, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$1,063
$983
Ownwell’s Cason Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers looking to estimate their annual property taxes in Cason. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Cason to provide an accurate estimate of your property tax bill. This valuable resource helps you understand potential tax liabilities and plan accordingly. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is determined by the county for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Cason, Texas
Property taxes in Cason, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cason is 1.39%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Cason set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cason 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 Cason's effective property tax rate to other counties in Texas and the national median. For comparison, the 75636 zip code has the highest median property tax rate of 1.39%, while the 75636 zip code has the lowest median tax rate of 1.39%. Understanding how these cities compare with Cason provides valuable insights into the varying tax landscape across Morris County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cason Tax Rate
1.39%
Average Morris County Tax Rate
1.82%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cason, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75636 | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across Cason, Texas
In Cason, 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 Morris 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 Cason, 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 Cason helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1061.00 in the 75636 zip code, while the lowest median tax bill is also $1061.00 in the same zip code.
Average Cason Assessed Value
$76,455
Average Morris County Assessed Value
$87,670
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cason, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75636 | $60,755 | $66,642 | $76,455 | $86,268 | $92,155 |
Source: Ownwell
Property Tax Bills Across Cason, Texas
In Cason, located in Morris County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county appraisal district and reflects the market value of the property. Once the assessed value is established, local tax rates, set by various taxing entities such as school districts and municipal governments, are applied to calculate the total tax bill. For homeowners in Cason, the median home price is $76,455. The property tax bill for the 25th percentile is $924, while the 75th percentile sees a tax bill of $1,197. At the 90th percentile, the tax bill rises to $1,278. These figures indicate how property taxes can vary significantly even within the same community, depending on the value of the property and the specific tax rates applied. Compared to the national median property tax rate of 0.99%, Cason's property tax rates can be considered moderate, making homeownership relatively affordable. Understanding these factors helps homeowners anticipate their annual property expenses and manage their budgets effectively.
Average Cason Tax Bill
$1,061
Average Morris County Tax Bill
$1,437
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Cason, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75636 | $843 | $924 | $1,061 | $1,197 | $1,278 |
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 | |
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Morris Appraisal District | |
Website | search.morriscad.com |