Carlsbad, Texas Property Taxes
The median property tax rate in Carlsbad, TX is 0.88%, 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 $129,700 in Carlsbad, the typical annual property tax bill is around $812, significantly less than the national median of $2,690. Property taxes in Carlsbad are determined based on the tax assessed value, which is often lower than the market value due to various exemptions, such as primary residence and agricultural exemptions. By understanding Carlsbad'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 Carlsbad or investing in the area, a thorough grasp of the local property tax system can be highly beneficial.
Last Updated June 14, 2024
Carlsbad, 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 Carlsbad Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Carlsbad with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Carlsbad 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 Carlsbad, Texas
Property taxes in Carlsbad, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Carlsbad is 1.37%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Carlsbad set these rates annually, and they can vary significantly across different neighborhoods. Each year, Carlsbad 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 Carlsbad's effective property tax rate to other counties in Texas and the national median. For comparison, the 76934 zip code has the highest median property tax rate of 1.37%, while the 76934 zip code also has the lowest median tax rate of 1.37%. Understanding how these cities compare with Carlsbad provides valuable insights into the varying tax landscape across Tom Green County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Carlsbad Tax Rate
0.88%
Average Tom Green County Tax Rate
1.11%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carlsbad, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76934 | 0.15% | 0.28% | 0.88% | 1.72% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Carlsbad, Texas
In Carlsbad, 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 Tom Green 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 Carlsbad, 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. The median home price in Carlsbad is $129,700, with tax bills varying significantly. The 25th percentile tax bill is $261, while the 75th percentile tax bill is $2,011. The highest median tax bill in the area is $812, found in the 76934 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Carlsbad Assessed Value
$129,700
Average Tom Green County Assessed Value
$186,425
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Carlsbad, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76934 | $24,803 | $57,538 | $129,700 | $245,020 | $353,774 |
Source: Ownwell
Property Tax Bills Across Carlsbad, Texas
In Carlsbad, located in Tom Green County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local appraisal district, which evaluates the property's market value. Once the market value is established, local tax rates are applied to calculate the annual tax bill. Several factors influence the tax bill, including property size, location, and any applicable exemptions. For instance, a median home price in Carlsbad is $129,700. Homeowners in the 25th percentile can expect a tax bill around $261, while those in the 75th percentile may see bills as high as $2,011. At the 90th percentile, tax bills can reach up to $3,481. These property taxes significantly impact homeowners, as they represent a substantial recurring cost. While the national median property tax rate is 0.99%, the specifics in Carlsbad can vary, emphasizing the importance of understanding local tax obligations.
Average Carlsbad Tax Bill
$812
Average Tom Green County Tax Bill
$1,970
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Carlsbad, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76934 | $124 | $261 | $812 | $2,011 | $3,481 |
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 | |
|---|---|
| Tom Green Appraisal District | |
| Website | iswdataclient.azurewebsites.net |