Sullivan City, Texas Property Taxes
The median property tax rate in Sullivan City, TX is 0.66%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $115,550 in Sullivan City, the typical annual property tax bill amounts to $704, well below the national median of $2,690. Property taxes in Sullivan City are calculated based on the assessed value, which is often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Sullivan City'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 Sullivan City 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
Sullivan City, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.66%
Estimate Property Tax Bill
$763
$708
Ownwell’s Sullivan City Property Tax Bill Calculator allows homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sullivan City with ease. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Sullivan City to provide an accurate estimate of your property tax bill. This valuable tool helps you understand your potential tax liabilities, ensuring you are well-prepared financially. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value, determined by the county, forms the basis for property tax calculations, and exemptions that apply are also taken into account.
Property Tax Rates Across Sullivan City, Texas
Property taxes in Sullivan City, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sullivan City is 2.06%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Sullivan City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sullivan City 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 Sullivan City's effective property tax rate to other counties in Texas and the national median. For comparison, the highest median property tax rate in Texas can be found in Fort Bend County, with a rate of 2.23%, while Terrell County has the lowest median tax rate at 0.34%. Understanding how these cities compare with Sullivan City provides valuable insights into the varying tax landscape across Hidalgo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sullivan City Tax Rate
0.66%
Average Starr County Tax Rate
0.79%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sullivan City, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78595 | 0.36% | 0.56% | 0.66% | 0.80% | 0.84% |
Source: Ownwell
Property Tax Assessment Values Across Sullivan City, Texas
In Sullivan City, 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 Sullivan City, 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 Sullivan City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $704.00, found in zip code 78595.
Average Sullivan City Assessed Value
$115,550
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 Sullivan City, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78595 | $52,230 | $73,770 | $115,550 | $182,770 | $247,650 |
Source: Ownwell
Property Tax Bills Across Sullivan City, Texas
In Sullivan City, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Sullivan City is $115,550. The tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or abatements. For homeowners in Sullivan City, the tax bills can vary significantly. The 25th percentile of tax bills is $482, while the 75th percentile reaches $1,129, and the 90th percentile can be as high as $1,790. The highest median tax bill in the area is $704, which is notably lower than the national median property tax rate of 0.99%. This variation means that while some homeowners may face relatively low property taxes, others might experience higher rates, impacting their overall housing costs. Understanding these factors can help homeowners better anticipate and manage their annual property tax obligations.
Average Sullivan City Tax Bill
$704
Average Starr County Tax Bill
$430
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Sullivan City, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78595 | $334 | $482 | $704 | $1,129 | $1,790 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Starr Appraisal District | |
Website | propaccess.trueautomation.com |