Mertens, Texas Property Taxes
The median property tax rate in Mertens, TX is 0.93%, which is lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Mertens at $363,805, the typical annual property tax bill reaches $3,261, surpassing the national median of $2,690. Property taxes in Mertens 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 Mertens' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in Mertens or another part of Navarro County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mertens, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.93%
Estimate Property Tax Bill
$3,383
$3,140
Ownwell’s Mertens Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mertens with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mertens 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 Mertens, Texas
Property taxes in Mertens, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mertens is 0.93%, slightly lower than the Texas state median of 1.81% but close to the U.S. national median of 0.99%. Local government entities within Mertens set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mertens 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 Mertens' effective property tax rate to other counties in Texas and the national median. For comparison, the 76666 zip code has the highest median property tax rate of 0.93%, while the same zip code also has the lowest median tax rate of 0.93%. Understanding how these cities compare with Mertens provides valuable insights into the varying tax landscape across Navarro County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mertens Tax Rate
0.93%
Average Navarro County Tax Rate
1.05%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mertens, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76666 | 0.67% | 0.77% | 0.93% | 1.09% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Mertens, Texas
In Mertens, 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 Navarro 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 Mertens, 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 Mertens helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both found in the 76666 zip code, with a value of $3,261.
Average Mertens Assessed Value
$363,805
Average Navarro County Assessed Value
$152,655
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mertens, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76666 | $335,137 | $345,888 | $363,805 | $381,722 | $392,473 |
Source: Ownwell
Property Tax Bills Across Mertens, Texas
In Mertens, property tax bills are calculated by multiplying the assessed value of a home by the local property tax rate. The assessed value is determined based on the market value of the property, which in Mertens has a median home price of $363,805. Homeowners in Mertens can expect their tax bills to vary significantly, with the 25th percentile at $2,840 and the 75th percentile at $3,681. The highest median tax bill in the area stands at $3,261, aligning with the national median property tax rate of 0.99%. Several factors influence these tax bills, including the property's assessed value, the local tax rate, and any applicable exemptions. These taxes fund essential public services such as schools, roads, and emergency services, directly impacting the quality of life in the community. For homeowners, understanding how these factors interplay is crucial for financial planning and anticipating yearly tax obligations. The variability in tax bills highlights the importance of accurate property assessments and the potential benefits of appealing over-assessments.
Average Mertens Tax Bill
$3,261
Average Navarro County Tax Bill
$1,415
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Mertens, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76666 | $2,588 | $2,840 | $3,261 | $3,681 | $3,934 |
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 | |
|---|---|
| Navarro Appraisal District | |
| Website | esearch.navarrocad.com |