Cason, Texas Property Taxes
The median property tax rate in Cason, TX is 0.52%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Cason, the typical annual property tax bill is $1,917, well below the national median of $2,690. Property taxes in Cason are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Cason'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 Cason or another part of Titus County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cason, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.52%
Estimate Property Tax Bill
$1,930
$1,791
Ownwell’s Cason Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cason with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cason 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 Cason, Texas
Property taxes in Cason, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cason is 0.52%, lower than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Cason set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cason 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 Cason's effective property tax rate to other counties in Texas and the national median. For comparison, the 75636 zip code has the highest median property tax rate of 0.52%, while the 75636 zip code also has the lowest median tax rate of 0.52%. Understanding how these cities compare with Cason provides valuable insights into the varying tax landscape across Titus County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cason Tax Rate
0.52%
Average Titus County Tax Rate
0.41%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cason, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75636 | 0.52% | 0.52% | 0.52% | 0.52% | 0.52% |
Source: Ownwell
Property Tax Assessment Values Across Cason, Texas
In Cason, 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 Titus 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 Cason 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 Cason helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Cason are both $1,917, with the zip code 75636 representing these values.
Average Cason Assessed Value
$371,143
Average Titus County Assessed Value
$154,720
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cason, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75636 | $371,143 | $371,143 | $371,143 | $371,143 | $371,143 |
Source: Ownwell
Property Tax Bills Across Cason, Texas
In the city of Cason, located in Titus County, Texas, property tax bills are calculated using the assessed value of a home and the local property tax rate. The assessed value is determined by the Titus County Appraisal District, which evaluates the market value of properties annually. Once the market value is assessed, applicable exemptions are subtracted to arrive at the taxable value. The property tax rate in Cason is then applied to this taxable value to determine the annual property tax bill. For example, with a median home price of $371,143, homeowners in Cason can expect a median property tax bill of $1,917. This figure is notably lower than the national median property tax rate of 0.99%, providing significant savings for homeowners. Factors such as property improvements, neighborhood changes, and local government budgets can influence the assessed value and, consequently, the property tax bill. Understanding these factors helps homeowners anticipate their tax responsibilities and plan accordingly.
Average Cason Tax Bill
$1,917
Average Titus County Tax Bill
$573
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Cason, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75636 | $1,917 | $1,917 | $1,917 | $1,917 | $1,917 |
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 | |
---|---|
Titus Appraisal District | |
Website | esearch.titus-cad.org |