San Perlita, Texas Property Taxes
The median property tax rate in San Perlita, TX is 1.80%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in San Perlita at $36,232, the typical annual property tax bill reaches $503, which is significantly lower than the national median of $2,690. Property taxes in San Perlita 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 San Perlita'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 San Perlita 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
San Perlita, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.8%
Estimate Property Tax Bill
$652
$604
Ownwell’s San Perlita Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in San Perlita with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in San Perlita 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 San Perlita, Texas
Property taxes in San Perlita, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in San Perlita is 1.80%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within San Perlita set these rates annually, and they can vary significantly across different neighborhoods. Each year, San Perlita 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 San Perlita's effective property tax rate to other counties in Texas and the national median. For comparison, the 78590 zip code has the highest median property tax rate of 1.80%, while the 78590 zip code has the lowest median tax rate of 1.80%. Understanding how these cities compare with San Perlita provides valuable insights into the varying tax landscape across Willacy County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average San Perlita Tax Rate
1.80%
Average Willacy County Tax Rate
1.18%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across San Perlita, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78590 | 0.90% | 1.04% | 1.80% | 2.03% | 2.21% |
Source: Ownwell
Property Tax Assessment Values Across San Perlita, Texas
In San Perlita, 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 Willacy 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 San Perlita, 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. The highest median tax bill in San Perlita is $503.00, found in the 78590 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 San Perlita helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average San Perlita Assessed Value
$36,232
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 San Perlita, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78590 | $10,238 | $20,288 | $36,232 | $58,964 | $101,352 |
Source: Ownwell
Property Tax Bills Across San Perlita, Texas
In San Perlita, located in Willacy County, TX, property tax bills are calculated based on the assessed value of a home. The median home price here is $36,232, significantly lower than the national median. Property taxes are determined by multiplying the assessed value by the local tax rate. Factors such as property location, home condition, and market trends influence this assessed value. Homeowners in San Perlita can expect varying tax bills. For instance, the tax bill at the 25th percentile is $322, while at the 75th percentile, it rises to $767. The 90th percentile tax bill can reach up to $1,404. Interestingly, both the highest and lowest median tax bills in the area are $503, found in zip code 78590. These property taxes impact homeowners by influencing their annual expenses and potentially affecting the affordability of homeownership. The property tax rate in San Perlita is a crucial factor for homeowners to consider when budgeting for their homes.
Average San Perlita Tax Bill
$503
Average Willacy County Tax Bill
$574
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across San Perlita, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78590 | $205 | $322 | $503 | $767 | $1,404 |
Source: Ownwell