Coldspring, Texas Property Taxes
The median property tax rate in Coldspring, TX is 1.41%, higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $21,840 in Coldspring, the typical annual property tax bill is $318, significantly below the national median of $2,690. Property taxes in Coldspring are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Coldspring'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 Coldspring 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
Coldspring, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.41%
Estimate Property Tax Bill
$308
$286
Ownwell’s Coldspring Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Coldspring with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Coldspring 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 Coldspring, Texas
Property taxes in Coldspring, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Coldspring is 1.41%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Coldspring set these rates annually, and they can vary significantly across different neighborhoods. Each year, Coldspring 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 Coldspring's effective property tax rate to other counties in Texas and the national median. For comparison, the 77331 zip code has both the highest and lowest median property tax rate of 1.41%. Understanding how these cities compare with Coldspring provides valuable insights into the varying tax landscape across San Jacinto County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Coldspring Tax Rate
1.41%
Average San Jacinto County Tax Rate
1.41%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Coldspring, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77331 | 1.41% | 1.41% | 1.41% | 1.41% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Coldspring, Texas
In Coldspring, 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 Jacinto 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 Coldspring, 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 Coldspring helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Coldspring is $21,840, with tax bills varying significantly. The 25th percentile tax bill is $62, while the 75th percentile reaches $1,962. The highest median tax bill is $318 in zip code 77331, which also has the lowest median tax bill at $318.
Average Coldspring Assessed Value
$21,840
Average San Jacinto County Assessed Value
$29,120
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Coldspring, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77331 | $1,784 | $4,385 | $21,840 | $140,778 | $328,868 |
Source: Ownwell
Property Tax Bills Across Coldspring, Texas
In Coldspring, located in San Jacinto County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district and typically reflects a percentage of the market value of the property. Several factors are considered in this assessment, including the property's size, location, and condition. Homeowners in Coldspring experience varying tax bills depending on their property's assessed value. For instance, the 25th percentile tax bill is $62, while the 75th percentile tax bill reaches $1,962. At the higher end, the 90th percentile tax bill can be as much as $4,632. The highest median tax bill in the area is $318, which is notably lower than the national median property tax rate of 0.99%. These property taxes fund essential community services such as public schools, infrastructure, and emergency services, directly impacting the quality of life for homeowners. Understanding how these taxes are calculated helps residents plan their finances and advocate for fair property valuations.
Average Coldspring Tax Bill
$318
Average San Jacinto County Tax Bill
$424
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Coldspring, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77331 | $25 | $62 | $318 | $1,962 | $4,632 |
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 | |
|---|---|
| San Jacinto Appraisal District | |
| Website | propaccess.trueautomation.com |