Azle, Texas Property Taxes
The median property tax rate in Azle, TX is 1.20%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $229,555 in Azle, the typical annual property tax bill reaches $2,562, slightly below the national median of $2,690. Property taxes in Azle are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Azle'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 Azle or another part of Wise County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Azle, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$2,755
$2,556
Ownwell’s Azle Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Azle with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Azle to provide an accurate estimate of your property tax bill. This valuable tool helps you anticipate potential tax liabilities, making financial planning easier. For those interested in neighborhood-specific trends, you can explore more localized information by scrolling down. Your property’s assessed value, determined by Wise County, is used for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Azle, Texas
Property taxes in Azle, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Azle is 1.20%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Azle set these rates annually, and they can vary significantly across different neighborhoods. Each year, Azle 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 Azle's effective property tax rate to other counties in Texas and the national median. For comparison, the 76020 zip code has the highest median property tax rate of 1.20%, while the 76020 zip code has the lowest median tax rate of 1.20%. Understanding how these cities compare with Azle provides valuable insights into the varying tax landscape across Wise County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Azle Tax Rate
1.20%
Average Wise County Tax Rate
1.21%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Azle, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76020 | 0.73% | 0.94% | 1.20% | 1.36% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Azle, Texas
In Azle, 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 Wise 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 Azle, 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. Azle's median home price is $229,555, with tax bills ranging significantly across the area. For instance, the tax bill at the 25th percentile is $1,789, while at the 75th percentile, it climbs to $3,629, and at the 90th percentile, it reaches $6,474. The zip code 76020 has both the highest and lowest median tax bill at $2,562. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Azle Assessed Value
$229,555
Average Wise County Assessed Value
$280,537
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Azle, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76020 | $95,747 | $173,453 | $229,555 | $308,301 | $494,797 |
Source: Ownwell
Property Tax Bills Across Azle, Texas
In Azle, situated in Wise County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The assessed value is then multiplied by the local tax rate, which varies depending on the specific location within the county. For instance, the median home price in Azle is $229,555, and the median property tax bill in the 76020 zip code is $2,562. Several factors influence the property tax bill, including the property's market value, any exemptions the homeowner may qualify for, and the specific tax rates set by various taxing entities such as school districts, cities, and special districts. Homeowners in Azle can expect their property tax bills to fall between the 25th percentile of $1,789 and the 75th percentile of $3,629, with the 90th percentile reaching as high as $6,474. These tax bills play a significant role in funding local services and infrastructure, impacting the overall cost of homeownership in the area.
Average Azle Tax Bill
$2,562
Average Wise County Tax Bill
$3,273
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Azle, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76020 | $954 | $1,789 | $2,562 | $3,629 | $6,474 |
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 | |
|---|---|
| Wise Appraisal District | |
| Website | esearch.wise-cad.com |