Willis, Texas Property Taxes
The median property tax rate in Willis, TX is 1.37%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Willis at $404,910, the typical annual property tax bill reaches $4,636, significantly exceeding the national median of $2,690. Property taxes in Willis are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Willis'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 Willis or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Willis, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$5,547
$5,148
Ownwell’s Willis Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Willis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Willis 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 Willis, Texas
Property taxes in Willis, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Willis is 1.37%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Willis set these rates annually, and they can vary significantly across different neighborhoods. Each year, Willis 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 Willis's effective property tax rate to other counties in Texas and the national median. For comparison, the 77378 zip code has the highest median property tax rate of 1.38%, while the 77318 zip code has the lowest median tax rate of 1.36%. Understanding how these cities compare with Willis provides valuable insights into the varying tax landscape across Walker County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Willis Tax Rate
1.37%
Average Walker County Tax Rate
1.45%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Willis, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77318 | 1.03% | 1.34% | 1.36% | 1.41% | 1.49% |
| 77378 | 0.53% | 1.11% | 1.38% | 1.56% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Willis, Texas
In Willis, 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 Walker 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. Assessment notices in Willis 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 Willis helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Willis, the highest median tax bill is $4,636 in the 77378 zip code, while the lowest is $4,602 in the 77318 zip code.
Average Willis Assessed Value
$404,910
Average Walker County Assessed Value
$180,510
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Willis, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77318 | $302,245 | $332,428 | $382,335 | $487,398 | $562,565 |
| 77378 | $43,016 | $169,050 | $416,105 | $583,295 | $853,009 |
Source: Ownwell
Property Tax Bills Across Willis, Texas
In Willis, Walker County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Homeowners in Willis face varying tax bills depending on their property's value. For instance, the median home price in Willis is $404,910. Factors such as property size, location, and market conditions influence the assessed value. Homeowners in the 25th percentile can expect a tax bill around $2,304, while those in the 75th percentile may see bills as high as $6,151. At the 90th percentile, tax bills can reach up to $8,224. Comparatively, the highest median tax bill in Willis is $4,636 in the 77378 zip code, while the lowest is $4,602 in the 77318 zip code. These tax rates can significantly impact homeowners, influencing their financial planning and the overall affordability of owning property in the area.
Average Willis Tax Bill
$4,636
Average Walker County Tax Bill
$2,299
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Willis, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77318 | $4,344 | $4,382 | $4,602 | $5,586 | $6,433 |
| 77378 | $611 | $1,798 | $4,636 | $7,098 | $9,298 |
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 |