La Pryor, Texas Property Taxes
The median property tax rate in LA Pryor, TX is 1.62%, which is considerably higher than the national median of 0.99% but slightly lower than the Texas state median of 1.67%. With a median home value of $50,220 in LA Pryor, the typical annual property tax bill amounts to $724, which is significantly below the national median of $2,690. Property taxes in LA Pryor are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding LA Pryor'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 LA Pryor 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
La Pryor, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.62%
Estimate Property Tax Bill
$814
$755
Ownwell’s LA PRYOR Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in LA PRYOR with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in LA PRYOR 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 La Pryor, Texas
Property taxes in LA PRYOR, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in LA PRYOR is 1.62%, significantly higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within LA PRYOR set these rates annually, and they can vary significantly across different neighborhoods. Each year, LA PRYOR 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 LA PRYOR's effective property tax rate to other counties in Texas and the national median. For comparison, the 78872 zip code has the highest median property tax rate of 1.62%, while the same zip code also has the lowest median tax rate of 1.62%. Understanding how these cities compare with LA PRYOR provides valuable insights into the varying tax landscape across Zavala County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average La Pryor Tax Rate
1.62%
Average Zavala County Tax Rate
1.76%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across La Pryor, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78872 | 0.97% | 1.53% | 1.62% | 1.62% | 1.62% |
Source: Ownwell
Property Tax Assessment Values Across La Pryor, Texas
In LA PRYOR, 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 Zavala 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 LA PRYOR, 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. 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 LA PRYOR helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $724.00 in the 78872 zip code, which is also the lowest median tax bill.
Average La Pryor Assessed Value
$50,220
Average Zavala County Assessed Value
$50,685
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across La Pryor, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78872 | $10,270 | $23,410 | $50,220 | $86,500 | $138,470 |
Source: Ownwell
Property Tax Bills Across La Pryor, Texas
In LA Pryor, located in Zavala County, TX, property tax bills are calculated based on the assessed value of a home, which is typically determined by the county appraisal district. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. In this region, the median home price is $50,220. Homeowners in LA Pryor can expect their property tax bills to vary significantly. For example, the tax bill at the 25th percentile is $326, while at the 75th percentile, it rises to $1,264, and at the 90th percentile, it can reach up to $1,967. This variability is influenced by factors such as the home's market value, any applicable exemptions, and specific tax rates set by local taxing entities. Compared to the national median property tax rate of 0.99%, LA Pryor's rates can lead to relatively lower tax bills, offering some relief to homeowners. However, understanding these factors is crucial for homeowners to manage their tax obligations effectively.
Average La Pryor Tax Bill
$724
Average Zavala County Tax Bill
$956
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across La Pryor, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78872 | $146 | $326 | $724 | $1,264 | $1,967 |
Source: Ownwell