Alvin, Texas Property Taxes
The median property tax rate in Alvin, TX is 1.41%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Alvin at $117,640, the typical annual property tax bill is approximately $1,662, falling below the national median of $2,690. Property taxes in Alvin are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural uses. Understanding Alvin'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 Alvin or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Alvin, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.41%
Estimate Property Tax Bill
$1,659
$1,539
Ownwell’s Alvin Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Alvin with ease. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Alvin to provide an estimate of your property tax bill. This valuable tool offers a clear understanding of potential tax liabilities. For those interested in exploring trends at a more granular level, additional localized information is available below. Your property’s assessed value is determined by the county for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Alvin, Texas
Property taxes in Alvin, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Alvin is 1.41%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Alvin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Alvin 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 Alvin's effective property tax rate to other counties in Texas and the national median. For comparison, the 77511 zip code has the highest median property tax rate of 1.41%, while the same zip code also has the lowest median tax rate of 1.41%. Understanding how these cities compare with Alvin provides valuable insights into the varying tax landscape across San Augustine County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Alvin Tax Rate
1.41%
Average San Augustine County Tax Rate
1.41%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alvin, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77511 | 1.41% | 1.41% | 1.41% | 1.41% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Alvin, Texas
In Alvin, 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 San Augustine 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 Alvin, 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 Alvin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Alvin is $117,640, with the highest and lowest median tax bills both being $1,662 in zip code 77511.
Average Alvin Assessed Value
$117,640
Average San Augustine County Assessed Value
$60,840
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Alvin, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77511 | $117,640 | $117,640 | $117,640 | $117,640 | $117,640 |
Source: Ownwell
Property Tax Bills Across Alvin, Texas
In Alvin, located in San Augustine County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Alvin is $117,640. Property taxes are determined by multiplying the assessed value by the local tax rate. For example, a home assessed at the median price would incur a tax bill of around $1,662, which aligns with the 25th, 75th, and 90th percentiles in the area. This figure is notably higher than the national median property tax rate of 0.99%, indicating that homeowners in Alvin might pay more relative to the value of their property compared to other regions in the country. The consistent tax bill across different percentiles suggests a relatively uniform property tax rate within the city. For homeowners, this means that property taxes can be a significant annual expense, impacting their overall cost of living and financial planning.
Average Alvin Tax Bill
$1,662
Average San Augustine County Tax Bill
$792
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Alvin, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77511 | $1,662 | $1,662 | $1,662 | $1,662 | $1,662 |
Source: Ownwell