Shepherd, Texas Property Taxes
The median property tax rate in Shepherd, TX is 1.63%, which is significantly higher than the national median of 0.99% but slightly lower than the Texas state median of 1.67%. With a median home value of $17,995 in Shepherd, the typical annual property tax bill amounts to $289, falling short of the national median of $2,690. Property taxes here are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Shepherd's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Shepherd or another part of San Jacinto County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Shepherd, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.63%
Estimate Property Tax Bill
$293
$272
Ownwell’s Shepherd Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Shepherd with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shepherd 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 Shepherd, Texas
Property taxes in Shepherd, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shepherd is 1.63%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Shepherd set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shepherd 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 Shepherd's effective property tax rate to other counties in Texas and the national median. For comparison, the 77371 zip code has the highest median property tax rate of 1.63%, while the 77371 zip code also has the lowest median tax rate of 1.63%. Understanding how these cities compare with Shepherd 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 Shepherd Tax Rate
1.63%
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 Shepherd, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77371 | 1.59% | 1.63% | 1.63% | 1.63% | 1.80% |
Source: Ownwell
Property Tax Assessment Values Across Shepherd, Texas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Shepherd, Texas. 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 Shepherd, 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 Shepherd helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Shepherd is $289, found in the 77371 zip code, while the lowest median tax bill is also $289 in the same zip code.
Average Shepherd Assessed Value
$17,995
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 Shepherd, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77371 | $1,050 | $2,990 | $17,995 | $77,760 | $176,668 |
Source: Ownwell
Property Tax Bills Across Shepherd, Texas
Property tax bills in Shepherd, located in San Jacinto County, TX, are calculated based on the assessed value of your property and the local tax rate. The assessed value is determined by the county appraisal district and reflects the market value of your home. Shepherd has a median home price of $17,995, and property tax rates are applied to this assessed value to generate the tax bill. For homeowners in Shepherd, the 25th percentile tax bill is $49, while the 75th percentile tax bill is $1,224. At the 90th percentile, tax bills can reach up to $2,709. These figures indicate a significant range in property tax bills, influenced by property values and specific local tax rates. The highest and lowest median tax bill in Shepherd both stand at $289, suggesting uniformity in certain areas. These property taxes fund essential services like schools, infrastructure, and emergency services, directly impacting the quality of life for Shepherd residents. Understanding how these taxes are calculated can help homeowners better manage their financial planning.
Average Shepherd Tax Bill
$289
Average San Jacinto County Tax Bill
$424
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Shepherd, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77371 | $17 | $49 | $289 | $1,224 | $2,709 |
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 |