Ropesville, Texas Property Taxes
The median property tax rate in Ropesville, TX is 0.82%, notably lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $415,592, the typical annual property tax bill in Ropesville amounts to $3,366, which surpasses the national median of $2,690. Property taxes here are calculated based on the assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural properties. Gaining a thorough understanding of Ropesville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're residing in the heart of Ropesville or in another part of Terry County, familiarizing yourself with the local property tax system will greatly benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ropesville, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Ropesville Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Ropesville with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Ropesville to project your property tax bill. This valuable tool provides clarity on potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available below. Your property’s assessed value is the value determined by the county for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Ropesville, Texas
Property taxes in Ropesville, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ropesville is 0.82%, lower than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Ropesville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ropesville 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 Ropesville's effective property tax rate to other counties in Texas and the national median. For comparison, the 79358 zip code has the highest median property tax rate of 0.82%, while the 79358 zip code has the lowest median tax rate of 0.82%. Understanding how these cities compare with Ropesville provides valuable insights into the varying tax landscape across Terry County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ropesville Tax Rate
0.82%
Average Terry County Tax Rate
2.37%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ropesville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79358 | 0.79% | 0.80% | 0.82% | 0.85% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Ropesville, Texas
In Ropesville, 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 Terry 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 Ropesville, 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 Ropesville 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 $3,366, found in the 79358 zip code.
Average Ropesville Assessed Value
$415,592
Average Terry County Assessed Value
$43,944
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ropesville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79358 | $316,301 | $353,535 | $415,592 | $477,649 | $514,883 |
Source: Ownwell
Property Tax Bills Across Ropesville, Texas
In Ropesville, located in Terry County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Ropesville experience a range of property tax bills depending on their home's assessed value. For instance, the 25th percentile tax bill is around $2,952, while the 75th percentile reaches $3,780, and the 90th percentile can go up to $4,028. These taxes fund essential local services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life. Compared to the national median property tax rate of 0.99%, Ropesville’s tax rates reflect the unique needs and budgetary requirements of the area. Homeowners must stay informed about their property's assessed value and the corresponding tax rate to manage their annual expenses effectively.
Average Ropesville Tax Bill
$3,366
Average Terry County Tax Bill
$844
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Ropesville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79358 | $2,704 | $2,952 | $3,366 | $3,780 | $4,028 |
Source: Ownwell