New Waverly, Walker County, Texas Property Taxes
Median New Waverly, TX effective property tax rate: 1.56%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median New Waverly, TX home value: $181,630
Median annual New Waverly, TX tax bill: $2,244, $156 lower than the national median property tax bill of $2,400.
How are property taxes in Walker County calculated?
Property taxes in New Waverly, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding New Waverly’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Waverly, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
New Waverly, Walker County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.56%
Estimate Property Tax Bill
$2,833
$2,629
Property Tax Rates Across New Waverly, Walker County, Texas
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In New Waverly, located in Walker County, Texas, the effective property tax rate is 1.56%. This rate stands out when compared to other cities within Texas and the national median property tax rate of 1.02%. The national median property tax bill is $2400, which provides a benchmark for comparison. Given the effective tax rate in New Waverly, property owners in this area may experience higher tax bills compared to the national average. Understanding these differences is crucial for property owners looking to manage their expenses effectively. By being informed about the local property tax landscape, residents can better navigate their financial commitments and explore potential savings through appeals or exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective New Waverly Tax Rate
1.56%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Walker County Tax Rate
1.45%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across New Waverly, Walker County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77358 | 0.78% | 1.26% | 1.56% | 1.56% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across New Waverly, Walker County, Texas
When examining property taxes in New Waverly, TX, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Walker County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Walker County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in New Waverly. For example, the median home price in New Waverly is $181,630, with tax bills ranging significantly across the county. Zip code 77358 has the highest median home price at $181,630.
Property Tax Assessment Values Across New Waverly, Walker County, Texas
Source: Ownwell
$39,260
$227,683
$416,105
Median New Waverly Market Value
$181,630
Median Walker County Market Value
$180,510
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across New Waverly, Walker County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77358 | $20,300 | $62,320 | $181,630 | $403,575 | $616,540 |
Source: Ownwell
Property Tax Bills Across New Waverly, Walker County, Texas
In New Waverly, Walker County, TX, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in this area is $181,630. Homeowners here can expect a tax bill ranging from the 25th percentile at $818 to the 75th percentile at $4,602, with the 90th percentile reaching $7,149. These figures indicate a wide disparity in tax payments, influenced by property value assessments and varying tax rates. Compared to the national median property tax bill of $2,400, New Waverly's median tax bill is competitive, providing some relief to homeowners.
Ownwell offers a solution by helping homeowners navigate the complexities of property tax assessments. Through expert analysis and appeal services, Ownwell identifies potential discrepancies in assessed values, ensuring homeowners are not overpaying. By leveraging exemptions and appealing incorrect assessments, Ownwell can significantly reduce the financial burden on homeowners, maximizing savings and ensuring fair property tax bills.
Median New Waverly Tax Bill
$2,244
Median Walker County Tax Bill
$2,299
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across New Waverly, Walker County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77358 | $299 | $818 | $2,244 | $4,602 | $7,149 |
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 | |
|---|---|
| Walker Appraisal District | |
| Website | esearch.walkercad.org |