Hurst, Texas Property Taxes
The median property tax rate in Hurst, TX is 1.57%, which is considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Hurst at $299,920, the typical annual property tax bill reaches $4,490, significantly exceeding the national median of $2,690. Property taxes in Hurst are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Hurst'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 Hurst 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
Hurst, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.57%
Estimate Property Tax Bill
$4,709
$4,357
$1,148
Average Hurst, Texas Tax Savings
Ownwell’s Hurst Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hurst with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hurst to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Hurst. 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 Hurst, Texas
Property taxes in Hurst, Texas, play a crucial role in supporting essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Hurst is 1.57%, which is higher than both the Texas state median of 1.60% and the U.S. national median of 0.99%. Local government entities within Hurst set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hurst 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 Hurst's effective property tax rate to other counties in Texas and the national median. For comparison, the 76054 zip code has the highest median property tax rate of 1.59%, while the 76053 zip code has the lowest median tax rate of 1.57%. Understanding how these cities compare with Hurst provides valuable insights into the varying tax landscape across Tarrant County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hurst Tax Rate
1.57%
Average Tarrant County Tax Rate
1.70%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hurst, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76053 | 0.59% | 1.10% | 1.57% | 1.91% | 2.12% |
| 76054 | 0.78% | 1.10% | 1.59% | 1.81% | 2.05% |
Source: Ownwell
$1,148
Average Hurst Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Hurst, Texas
In Hurst, 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 Tarrant 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 Hurst, 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 Hurst helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the zip code 76054 has the highest median tax bill at $5,794, while the zip code 76053 has the lowest median tax bill at $4,012. Knowing these figures can help residents understand the range of property taxes in their area and plan accordingly.
Average Hurst Assessed Value
$299,920
Average Tarrant County Assessed Value
$306,713
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hurst, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76053 | $176,060 | $214,096 | $260,000 | $323,765 | $389,028 |
| 76054 | $251,622 | $312,452 | $379,580 | $469,508 | $552,347 |
Source: Ownwell
$1,148
Average Hurst Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Hurst, Texas
In Hurst, located in Tarrant County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and market conditions influence the assessed value. Homeowners in Hurst face a median home price of $299,920, with tax bills ranging from $2,974 at the 25th percentile to $7,780 at the 90th percentile. The highest median tax bill in Hurst is $5,794 in the 76054 zip code, while the lowest is $4,012 in the 76053 zip code. Ownwell can help homeowners in Hurst save on their property tax bills by providing expert property tax appeal and exemption services. By challenging inaccurate assessments and identifying applicable exemptions, Ownwell ensures homeowners are not overpaying on their property taxes, potentially saving them hundreds or even thousands of dollars annually.
Average Hurst Tax Bill
$4,490
Average Tarrant County Tax Bill
$5,114
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Hurst, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76053 | $1,245 | $2,547 | $4,012 | $5,334 | $6,424 |
| 76054 | $2,533 | $3,773 | $5,794 | $7,538 | $9,246 |
Source: Ownwell
$1,148
Average Hurst Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 24 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Tarrant Appraisal District | |
| Phone | (817) 284-0024 |
| Website | www.tad.org |
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