Robert Lee, Texas Property Taxes
The median property tax rate in Robert Lee, TX is 0.38%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $242,910 in Robert Lee, the typical annual property tax bill is $799, well below the national median of $2,690. Property taxes in Robert Lee are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Robert Lee'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 Robert Lee or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Robert Lee, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.38%
Estimate Property Tax Bill
$923
$857
Ownwell’s ROBERT LEE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ROBERT LEE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ROBERT LEE 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 Robert Lee, Texas
Property taxes in Robert Lee, Texas, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Robert Lee is 1.12%, significantly higher than both the Texas state median of 1.9% and the U.S. national median of 0.99%. Local government entities within Robert Lee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Robert Lee 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 Robert Lee's effective property tax rate to other counties in Texas and the national median. For comparison, 77002 has the highest median property tax rate of 2.18%, while 79852 has the lowest median tax rate of 0.67%. Understanding how these cities compare with Robert Lee provides valuable insights into the varying tax landscape across Coke County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Robert Lee Tax Rate
0.38%
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 Robert Lee, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76945 | 0.23% | 0.29% | 0.38% | 0.75% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Robert Lee, Texas
In Robert Lee, 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 Robert Lee, 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 Robert Lee helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Robert Lee is $242,910, with tax bills ranging from $453 at the 25th percentile to $4,341 at the 90th percentile.
Average Robert Lee Assessed Value
$242,910
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 Robert Lee, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76945 | $59,412 | $132,970 | $242,910 | $341,680 | $489,078 |
Source: Ownwell
Property Tax Bills Across Robert Lee, Texas
In Robert Lee, Tom Green County, TX, property tax bills are calculated based on the assessed value of the property. The local tax assessor determines the assessed value, which is a percentage of the property's market value. Homeowners then apply the local tax rate to this assessed value to determine their tax bill. The tax rate in Tom Green County is influenced by various factors, including the funding needs of local schools, infrastructure, and public services. For homeowners, this means that a higher market value can lead to a higher assessed value and, consequently, a higher tax bill. In Robert Lee, the median home price is $242,910. Property tax bills can vary significantly, with the 25th percentile at $453 and the 75th percentile at $1,535, while the 90th percentile reaches up to $4,341. This variability highlights how different factors, such as property improvements and neighborhood developments, can affect individual tax bills. Understanding these elements can help homeowners anticipate and manage their property tax obligations effectively.
Average Robert Lee Tax Bill
$799
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 Robert Lee, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76945 | $213 | $453 | $799 | $1,535 | $4,341 |
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 |