Bruceville, Falls County, Texas Property Taxes
Median Bruceville, TX effective property tax rate: 1.31%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Bruceville, TX home value: $146,590
Median annual Bruceville, TX tax bill: $1,325, $1,075 lower than the national median property tax bill of $2,400.
How are property taxes in Falls County calculated?
Property taxes in Bruceville, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Bruceville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bruceville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bruceville, Falls County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.37%
Estimate Property Tax Bill
$1,583
$1,469
Property Tax Rates Across Bruceville, Falls County, Texas
Local government entities are responsible for setting property tax rates, which can significantly differ across a state. The process involves each county estimating its annual budget to fund local services and dividing that by the total assessed value of all taxable properties within its area. This calculation determines the property tax rate. Although the setting of tax rates and budgets involves various votes and legislative processes, this is the basic annual procedure.
In Bruceville, located in Falls County, Texas, property owners experience an effective property tax rate that can be compared to other cities within Texas and the broader national context. The median property tax rate in Texas is 1.31%, which is higher than the national median of 1.02%. Additionally, the median property tax bill in Texas is often influenced by the state's property values and tax rates, which can differ greatly from the national median of $2,400. Understanding these variances can help property owners in Bruceville make informed decisions about their property tax appeals and exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Bruceville Tax Rate
1.37%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Falls County Tax Rate
1.83%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bruceville, Falls County, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76630 | 1.03% | 1.18% | 1.37% | 1.68% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Bruceville, Falls County, Texas
When examining property taxes in Bruceville, TX, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Falls County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Falls County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Bruceville. For example, the median home price in Bruceville is $146,590, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Bruceville, Falls County, Texas
Source: Ownwell
$50,935
$181,293
$311,650
Median Bruceville Market Value
$115,580
Median Falls County Market Value
$95,780
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bruceville, Falls County, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76630 | $54,169 | $86,140 | $115,580 | $189,852 | $243,078 |
Source: Ownwell
Property Tax Bills Across Bruceville, Falls County, Texas
In Bruceville, located in Falls County, TX, property tax bills are determined based on the assessed value of a home, which is a percentage of the market value. The local tax rate is applied to this assessed value to calculate the annual tax bill. Homeowners in Bruceville typically face property tax bills that vary significantly, with the 25th percentile at $1,277, the 75th percentile at $1,680, and the 90th percentile reaching $2,825. These figures indicate that while some residents pay below the national median property tax bill of $2,400, others may pay considerably more, impacting their financial planning and homeownership costs.
Ownwell assists homeowners in Bruceville by offering property tax appeal services that can potentially lower their tax bills. By analyzing property assessments and local market conditions, Ownwell identifies opportunities for reducing assessed values, ensuring homeowners are not overpaying. This service not only helps in immediate savings but also provides long-term financial relief, making homeownership more affordable in the long run.
Median Bruceville Tax Bill
$1,405
Median Falls County Tax Bill
$1,688
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Bruceville, Falls County, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76630 | $864 | $1,242 | $1,405 | $2,016 | $2,575 |
Source: Ownwell
Don't miss the deadline to protest!
Dates |
---|
Links | |
---|---|
Falls Appraisal District | |
Website | esearch.fallscad.net |