Haslet, Texas Property Taxes
The median property tax rate in Haslet, TX is 1.40%, which is notably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $296,210 in Haslet, the typical annual property tax bill amounts to $4,327, surpassing the national median of $2,690. Property taxes in Haslet are determined based on the tax assessed value, which is often less than the market value due to various exemptions such as those for primary residences and agricultural properties. Gaining a thorough understanding of Haslet's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Haslet 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
Haslet, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Haslet Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Haslet with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Haslet 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 Haslet, Texas
Property taxes in Haslet, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Haslet is 1.40%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Haslet set these rates annually, and they can vary significantly across different neighborhoods. Each year, Haslet 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 Haslet's effective property tax rate to other counties in Texas and the national median. For comparison, the 76052 zip code has the highest median property tax rate of 1.40%, while the same zip code also has the lowest median tax rate of 1.40%. Understanding how these cities compare with Haslet 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 Haslet Tax Rate
1.40%
Average Wise County Tax Rate
1.21%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Haslet, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76052 | 0.79% | 1.26% | 1.40% | 2.40% | 2.40% |
Source: Ownwell
Property Tax Assessment Values Across Haslet, Texas
In Haslet, 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 Haslet, 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 Haslet is $4327, found in zip code 76052. 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 Haslet helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Haslet Assessed Value
$296,210
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 Haslet, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76052 | $79,985 | $169,598 | $296,210 | $370,347 | $463,382 |
Source: Ownwell
Property Tax Bills Across Haslet, Texas
In Haslet, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. For instance, with a median home price of $296,210, homeowners can expect their property tax bills to vary significantly. Factors influencing these bills include the home's assessed value, local tax rates, and any applicable exemptions. In Haslet, the 25th percentile tax bill is approximately $1,799, while the 75th percentile tax bill reaches around $6,901. At the 90th percentile, homeowners could face tax bills as high as $8,592. The highest median tax bill recorded in the area is $4,327, showing a significant range in potential costs. These property tax bills can have a substantial impact on homeowners' finances, making it crucial to understand how these taxes are calculated and what factors influence them. Comparatively, the national median property tax rate is 0.99%, highlighting the variability in local tax burdens.
Average Haslet Tax Bill
$4,327
Average Wise County Tax Bill
$3,273
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Haslet, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76052 | $741 | $1,799 | $4,327 | $6,901 | $8,592 |
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 |