Redford, Texas Property Taxes
The median property tax rate in Redford, TX is 1.58%, which is considerably higher than the national median of 0.99% but slightly below the Texas state median of 1.67%. With the median home value in Redford at $46,760, the typical annual property tax bill amounts to $444, which is significantly lower than the national median of $2,690. Property taxes in Redford are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Redford'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 Redford or another part of Presidio County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Redford, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$739
$686
Ownwell’s Redford Property Tax Bill Calculator helps homeowners, real estate investors, and potential owners estimate their annual property taxes in Redford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Redford 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 Redford, Texas
Property taxes in Redford, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Redford is 1.58%, higher than both the Texas state median of 1.60% and the U.S. national median of 0.99%. Local government entities within Redford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Redford 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 Redford's effective property tax rate to other counties in Texas and the national median. For comparison, the 79846 zip code has the highest median property tax rate of 1.58%, while the 79846 zip code has the lowest median tax rate of 1.58%. Understanding how these cities compare with Redford provides valuable insights into the varying tax landscape across Presidio, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Redford Tax Rate
1.58%
Average Presidio County Tax Rate
1.49%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Redford, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79846 | 0.65% | 1.58% | 1.58% | 1.60% | 2.39% |
Source: Ownwell
Property Tax Assessment Values Across Redford, Texas
In Redford, 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 Presidio 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 Redford, 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 in Redford is $46,760, with tax bills ranging from $176 at the 25th percentile to $1,111 at the 90th percentile. The highest and lowest median tax bills both stand at $444 in the 79846 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Redford Assessed Value
$46,760
Average Presidio County Assessed Value
$88,580
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Redford, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79846 | $5,880 | $19,520 | $46,760 | $75,710 | $156,458 |
Source: Ownwell
Property Tax Bills Across Redford, Texas
In Redford, Presidio County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For example, with a median home price of $46,760, homeowners can expect varying tax bills. At the 25th percentile, the tax bill is around $176, while at the 75th percentile, it rises to approximately $844. For those at the 90th percentile, the tax bill can reach up to $1,111. These tax bills are influenced by factors such as property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Redford’s tax rates can significantly impact homeowners, making it essential to understand how these elements come together to affect annual expenses. By being aware of these factors, homeowners can better anticipate their financial obligations and plan accordingly.
Average Redford Tax Bill
$444
Average Presidio County Tax Bill
$1,148
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Redford, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79846 | $92 | $176 | $444 | $844 | $1,111 |
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 | |
|---|---|
| Presidio Appraisal District | |
| Website | propaccess.trueautomation.com |