Waka, Ochiltree County, Texas Property Taxes
Median WAKA, TX effective property tax rate: 1.67%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median WAKA, TX home value: $36,772
Median annual WAKA, TX tax bill: $418, $1,982 lower than the national median property tax bill of $2,400.
How are property taxes in Ochiltree calculated?
Property taxes in WAKA, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding WAKA’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in WAKA, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Waka, Ochiltree County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.67%
Estimate Property Tax Bill
$614
$570
Property Tax Rates Across Waka, Ochiltree County, Texas
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their necessary budget to provide essential services and divide this by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. This annual process, though influenced by votes and laws, is the core method for determining property tax rates.
In WAKA, located in Ochiltree County, Texas, the effective property tax rate stands out when compared to other cities in Texas and the national median. Texas's median property tax rate is notably higher than the national median of 1.02%. This comparison highlights the disparities in property tax rates across different regions. For homeowners in WAKA, understanding these rates is crucial, as they directly impact property tax bills, which are a significant expense. By comparing local rates to state and national averages, property owners can gain insights into their tax liabilities and explore potential savings through appeals or exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Waka Tax Rate
1.67%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Ochiltree County Tax Rate
1.91%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Waka, Ochiltree County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79093 | 0.57% | 0.67% | 1.67% | 2.05% | 2.05% |
Source: Ownwell
Property Tax Assessment Values Across Waka, Ochiltree County, Texas
When examining property taxes in WAKA, TX, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Ochiltree County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Ochiltree County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in WAKA. For example, the median home price in WAKA is $36,772, with tax bills ranging significantly across the county. Zip code 79093 has the highest median home price at $36,772.
Property Tax Assessment Values Across Waka, Ochiltree County, Texas
Source: Ownwell
$36,772
$95,086
$153,399
Median Waka Market Value
$36,772
Median Ochiltree County Market Value
$77,932
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Waka, Ochiltree County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79093 | $3,229 | $20,215 | $36,772 | $69,694 | $113,493 |
Source: Ownwell
Property Tax Bills Across Waka, Ochiltree County, Texas
In WAKA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This value is then multiplied by the local tax rate to determine the tax bill. In Ochiltree County, the tax rate is applied to the median home price of $36,772, resulting in a tax bill significantly lower than the national median property tax bill of $2,400. Factors such as home improvements and neighborhood changes can affect assessed values, leading to fluctuating tax bills.
Homeowners in WAKA may experience tax bills ranging from $158 at the 25th percentile to $1,790 at the 90th percentile. Understanding these factors is crucial for homeowners looking to manage their expenses. Here, Ownwell offers valuable assistance by helping homeowners appeal their property assessments and secure possible exemptions. By ensuring accurate assessments and identifying potential savings, Ownwell aids homeowners in reducing their tax burdens, providing financial relief and peace of mind.
Median Waka Tax Bill
$418
Median Ochiltree County Tax Bill
$1,480
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Waka, Ochiltree County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79093 | $56 | $158 | $418 | $790 | $1,790 |
Source: Ownwell