Girvin, Texas Property Taxes
The median property tax rate in Girvin, TX is 1.36%, which is considerably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Girvin at $71,860, the typical annual property tax bill reaches $979, falling below the national median of $2,690. Property taxes in Girvin 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 Girvin'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 Girvin 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
Girvin, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.36%
Estimate Property Tax Bill
$977
$907
Ownwell’s Girvin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Girvin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Girvin 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 Girvin, Texas
Property taxes in Girvin, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Girvin is 1.36%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Girvin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Girvin 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 Girvin's effective property tax rate to other counties in Texas and the national median. For comparison, the 79740 zip code has the highest median property tax rate of 1.36%, while the same zip code also has the lowest median tax rate of 1.36%. Understanding how these cities compare with Girvin provides valuable insights into the varying tax landscape across Pecos County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Girvin Tax Rate
1.36%
Average Pecos County Tax Rate
2.01%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Girvin, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79740 | 0.99% | 1.28% | 1.36% | 1.73% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Girvin, Texas
In Girvin, 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 Pecos 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 Girvin, 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. For instance, the median home price is $71,860, with tax bills ranging from $952 at the 25th percentile to $2,660 at the 90th percentile. The highest and lowest median tax bills are both $979 in the 79740 zip code. By understanding 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Girvin Assessed Value
$71,860
Average Pecos County Assessed Value
$98,890
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Girvin, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79740 | $43,698 | $54,885 | $71,860 | $182,305 | $238,500 |
Source: Ownwell
Property Tax Bills Across Girvin, Texas
Property tax bills in Girvin, located in Pecos County, TX, are calculated based on the assessed value of a property, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Girvin, the median home price stands at $71,860. The property tax rate in this area significantly impacts homeowners, with tax bills varying widely. For instance, at the 25th percentile, tax bills are around $952, while at the 75th percentile, they rise to $1,881. Those at the 90th percentile face tax bills as high as $2,660. Compared to the national median property tax rate of 0.99%, homeowners in Girvin experience a diverse range of tax bills, reflecting the varying property values and tax rates within the region. Understanding how these factors interplay helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Girvin Tax Bill
$979
Average Pecos County Tax Bill
$1,702
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Girvin, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79740 | $703 | $952 | $979 | $1,881 | $2,660 |
Source: Ownwell