Christoval, Texas Property Taxes
The median property tax rate in Christoval, TX is 0.70%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $329,490 in Christoval, the typical annual property tax bill is $2,046, which is below the national median of $2,690. Property taxes in Christoval are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Christoval'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 Christoval or another part of Tom Green County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Christoval, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.7%
Estimate Property Tax Bill
$2,306
$2,140
Ownwell’s Christoval Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Christoval with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Christoval 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 Tom Green County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Christoval, Texas
Property taxes in Christoval, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Christoval is 0.70%, which is lower than the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Christoval set these rates annually, and they can vary significantly across different neighborhoods. Each year, Christoval 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 Christoval's effective property tax rate to other counties in Texas and the national median. For comparison, the 76935 zip code has the highest median property tax rate of 0.70%, while the 76935 zip code also has the lowest median tax rate of 0.70%. Understanding how these cities compare with Christoval 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 Christoval Tax Rate
0.70%
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 Christoval, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76935 | 0.17% | 0.36% | 0.70% | 1.30% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Christoval, Texas
In Christoval, 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 Christoval, 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 Christoval helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Christoval is $2046 in zip code 76935, which contrasts with the national median property tax rate of 0.99%.
Average Christoval Assessed Value
$329,490
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 Christoval, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76935 | $62,396 | $140,565 | $329,490 | $515,465 | $769,738 |
Source: Ownwell
Property Tax Bills Across Christoval, Texas
In Christoval, located in Tom Green County, TX, property tax bills are calculated based on the assessed value of your home and the local tax rate. The median home price in Christoval stands at $329,490. Once the property's assessed value is determined, local tax rates are applied to calculate the tax bill. Factors such as property size, location, and improvements can influence the assessed value, which in turn affects the tax bill. For homeowners, the tax burden can vary significantly. For instance, the 25th percentile tax bill is around $713, while the 75th percentile reaches up to $3,849. The 90th percentile tax bill can be as high as $5,586. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding local tax obligations. This variability means that homeowners in Christoval should be aware of how changes in property value and local tax rates might impact their annual tax bills.
Average Christoval Tax Bill
$2,046
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 Christoval, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76935 | $262 | $713 | $2,046 | $3,849 | $5,586 |
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 |