Willacy County, Texas Property Taxes
The median property tax rate in Willacy County is 1.18%, which is higher than the national median of 0.99% but lower than Texas' state median of 1.67%. With the median home value in Willacy County, the typical annual property tax bill is $574, significantly below the national median of $2,690. Property taxes in Willacy County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Willacy County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Raymondville or another part of Willacy County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Willacy County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$588
$545
Ownwell’s Willacy County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Willacy County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Willacy County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Willacy County, Texas
Property taxes in Willacy County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Willacy County is 1.18%, which is higher than both the Texas state median of 1.10% and the U.S. national median of 0.99%. Local government entities within Willacy County set these rates annually, and they can vary significantly between different areas within the county. Each year, Willacy County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Willacy County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Port Mansfield has one of the higher property tax rates in Texas at 2.18%, while the city of Lasara boasts one of the lowest at 0.84%. Analyzing how Willacy County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Willacy County Tax Rate
1.18%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Willacy County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Lasara | 0.75% | 0.80% | 0.84% | 0.92% | 1.01% |
| Lyford | 0.89% | 0.93% | 0.97% | 1.03% | 1.17% |
| Port Mansfield | 1.00% | 1.75% | 2.18% | 2.18% | 2.18% |
| Raymondville | 0.83% | 1.03% | 1.43% | 1.50% | 1.75% |
| San Perlita | 0.90% | 1.04% | 1.80% | 2.03% | 2.21% |
| Sebastian | 0.88% | 0.93% | 0.97% | 1.02% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Willacy County, Texas
In Willacy County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Willacy County Appraisal District. The assessed value, however, 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 Willacy County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In Willacy County, Port Mansfield has the highest median tax bill at $1,783, while Lasara has the lowest at $382. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Willacy County Assessed Value
$49,814
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Willacy County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Lasara | $16,602 | $28,284 | $47,570 | $73,764 | $123,144 |
| Lyford | $17,798 | $32,962 | $57,500 | $98,899 | $177,134 |
| Port Mansfield | $28,272 | $52,979 | $104,622 | $169,628 | $244,245 |
| Raymondville | $14,634 | $28,286 | $47,041 | $75,632 | $119,089 |
| San Perlita | $10,238 | $20,288 | $36,232 | $58,964 | $101,352 |
| Sebastian | $15,353 | $27,142 | $43,569 | $65,050 | $92,518 |
Source: Ownwell
Property Tax Bills Across Willacy County, Texas
In Willacy County, TX, property tax bills are calculated based on the assessed value of a home and the applicable tax rate. The assessed value is determined by the county appraisal district, which evaluates the property's market value. Homeowners then pay a percentage of this assessed value as their property tax. The median home price in Willacy County stands at $49,814, with property tax bills varying significantly across different percentiles. For instance, the 25th percentile tax bill is $331, while the 75th percentile reaches $963, and the 90th percentile goes up to $1,602. Several factors influence these tax bills, including property location, market conditions, and any exemptions for which the homeowner may qualify. For example, the highest median tax bill in the county is $1,783 in Port Mansfield, whereas the lowest is $382 in Lasara. These property taxes directly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services, making it an essential aspect of homeownership in the county.
Average Willacy County Tax Bill
$574
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Willacy County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Lasara | $141 | $235 | $382 | $577 | $946 |
| Lyford | $180 | $314 | $523 | $885 | $1,480 |
| Port Mansfield | $434 | $875 | $1,783 | $3,268 | $4,695 |
| Raymondville | $189 | $364 | $608 | $942 | $1,355 |
| San Perlita | $205 | $322 | $503 | $767 | $1,404 |
| Sebastian | $160 | $251 | $402 | $585 | $789 |
Source: Ownwell