Apple Springs, Texas Property Taxes
The median property tax rate in Apple Springs, TX is 1.18%, slightly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $95,602 in Apple Springs, the typical annual property tax bill amounts to $964, which is below the national median of $2,690. Property taxes in Apple Springs are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Apple Springs' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Apple Springs or another part of Trinity County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Apple Springs, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$1,128
$1,044
Ownwell’s APPLE SPRINGS Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers to estimate their annual property taxes in APPLE SPRINGS with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in APPLE SPRINGS 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 Apple Springs, Texas
Property taxes in Apple Springs, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Apple Springs is 1.18%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Apple Springs set these rates annually, and they can vary significantly across different neighborhoods. Each year, Apple Springs 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 Apple Springs' effective property tax rate to other counties in Texas and the national median. For comparison, the 75926 zip code has the highest median property tax rate of 1.18%, while the 75926 zip code has the lowest median tax rate of 1.18%. Understanding how these cities compare with Apple Springs provides valuable insights into the varying tax landscape across Trinity, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Apple Springs Tax Rate
1.18%
Average Trinity County Tax Rate
1.50%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Apple Springs, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75926 | 0.52% | 0.88% | 1.18% | 1.25% | 1.29% |
Source: Ownwell
Property Tax Assessment Values Across Apple Springs, Texas
In Apple Springs, 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 Trinity 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 Apple Springs, 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. For instance, the highest median tax bill in Apple Springs is $964 in the 75926 zip code, which is also the lowest median 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 Apple Springs helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Apple Springs Assessed Value
$95,602
Average Trinity County Assessed Value
$68,839
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Apple Springs, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75926 | $23,617 | $46,098 | $95,602 | $202,100 | $349,958 |
Source: Ownwell
Property Tax Bills Across Apple Springs, Texas
In Apple Springs, located in Trinity County, TX, property tax bills are determined based on the assessed value of a home and the local tax rate. The assessed value is typically a percentage of the market value of the property. The local tax rate is applied to this assessed value to calculate the annual property tax bill. For homeowners in Apple Springs, the median home price is $95,602. Property tax bills can vary significantly, with the 25th percentile tax bill at $484 and the 75th percentile tax bill at $1,676. At the 90th percentile, homeowners might pay up to $2,667 annually. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding local tax burdens. These property taxes fund essential community services such as public schools, infrastructure, and emergency services. Therefore, understanding how property tax bills are calculated and their impact on annual expenses is crucial for homeowners in Apple Springs.
Average Apple Springs Tax Bill
$964
Average Trinity County Tax Bill
$945
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Apple Springs, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75926 | $203 | $484 | $964 | $1,676 | $2,667 |
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 | |
|---|---|
| Trinity Appraisal District | |
| Website | propaccess.trueautomation.com |