Christoval, Texas Property Taxes
The median property tax rate in Christoval, TX is 0.35%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $313,150 in Christoval, the typical annual property tax bill amounts to $1,142, which is well below the national median of $2,690. Property taxes in Christoval are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Christoval'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 Christoval or another part of Schleicher County, gaining insights into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Christoval, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.35%
Estimate Property Tax Bill
$1,096
$1,017
Ownwell’s Christoval Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Christoval with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Christoval 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 Christoval, Texas
Property taxes in Christoval, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Christoval is 0.35%, significantly lower than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Christoval set these rates annually, and they can vary significantly across different neighborhoods. Each year, Christoval 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 Christoval's effective property tax rate to other counties in Texas and the national median. For comparison, 77494 has the highest median property tax rate of 2.51%, while 79852 has the lowest median tax rate of 0.18%. Understanding how these cities compare with Christoval provides valuable insights into the varying tax landscape across Schleicher County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Christoval Tax Rate
0.35%
Average Schleicher County Tax Rate
1.53%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Christoval, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76935 | 0.11% | 0.16% | 0.35% | 0.77% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Christoval, Texas
In Christoval, 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 Schleicher 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. Assessment notices in Christoval 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 Christoval helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Schleicher County, the highest and lowest median tax bills are both $1,142, with the zip code 76935.
Average Christoval Assessed Value
$313,150
Average Schleicher County Assessed Value
$56,040
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Christoval, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76935 | $166,405 | $267,358 | $313,150 | $609,490 | $1,085,720 |
Source: Ownwell
Property Tax Bills Across Christoval, Texas
In Christoval, located in Schleicher 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 reflects the market value of the property. The local tax rate is applied to this assessed value to calculate the annual tax bill. For homeowners in Christoval, the median home price is $313,150. Tax bills vary significantly, with the 25th percentile at $699 and the 75th percentile at $2,936. The top 10% of tax bills can reach up to $3,873. The highest and lowest median tax bills in the area are both $1,142, indicating a range of tax liabilities depending on property values and specific assessments. Compared to the national median property tax rate of 0.99%, the rates in Christoval can present a different financial impact on homeowners, influencing their overall cost of living and potentially affecting decisions on property investments.
Average Christoval Tax Bill
$1,142
Average Schleicher County Tax Bill
$773
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Christoval, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76935 | $285 | $699 | $1,142 | $2,936 | $3,873 |
Source: Ownwell