Roma, Texas Property Taxes
The median property tax rate in Roma, TX is 0.80%, which is notably lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $59,360 in Roma, the typical annual property tax bill amounts to $437, significantly under the national median of $2,690. Property taxes in Roma 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. By understanding Roma's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether you're residing in the heart of Roma or another part of Starr County, gaining insight into the local property tax system can lead to financial benefits and a more informed property ownership experience.
Last Updated June 14, 2024
Roma, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$475
$441
Ownwell’s Roma Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Roma with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Roma 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 Roma, Texas
Property taxes in Roma, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Roma is 0.80%, lower than the U.S. national median of 0.99%. Local government entities within Roma set these rates annually, and they can vary significantly across different neighborhoods. Each year, Roma 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 Roma's effective property tax rate to other counties in Texas and the national median. For comparison, the 78584 zip code has the highest median property tax rate of 0.80%, while the 78584 zip code also has the lowest median tax rate of 0.80%. Understanding how these cities compare with Roma provides valuable insights into the varying tax landscape across Starr County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Roma Tax Rate
0.80%
Average Starr County Tax Rate
0.79%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Roma, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78584 | 0.41% | 0.59% | 0.80% | 0.93% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Roma, Texas
In Roma, 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 Starr 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 Roma, 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. The zip code 78584 in Roma has both the highest and lowest median tax bill at $437. Being aware of these valuation processes in Roma helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Roma Assessed Value
$59,360
Average Starr County Assessed Value
$59,860
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Roma, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78584 | $22,162 | $37,790 | $59,360 | $92,720 | $144,106 |
Source: Ownwell
Property Tax Bills Across Roma, Texas
In Roma, located within Starr County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local tax authorities and reflects the market value of the property. Homeowners in Roma typically see a range in their tax bills, with the 25th percentile paying around $258 and the 75th percentile paying approximately $706 annually. For those at the 90th percentile, tax bills can reach up to $1,050. The median home price in Roma is $59,360, and the median property tax bill is $437, which is relatively modest compared to the national median property tax rate of 0.99%. Various factors influence the property tax bill, including changes in the market value of homes and local tax rates set by the county. These taxes are crucial for funding local services such as schools, infrastructure, and emergency services, directly impacting the quality of life for Roma residents.
Average Roma Tax Bill
$437
Average Starr County Tax Bill
$430
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Roma, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78584 | $146 | $258 | $437 | $706 | $1,050 |
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 | |
|---|---|
| Starr Appraisal District | |
| Website | propaccess.trueautomation.com |