Average Tax Assessment in McMullen County
Real Estate Values and Property Tax Valuation in McMullen County, Texas
McMullen County has 612 properties with a cumulative value of $83.2M, representing 0.004% of all real estate value in Texas. Property taxes in McMullen County totaled $422.3K, with an average tax rate of 0.51%, significantly lower than the state average of 1.69%. The average McMullen County homeowner pays $966 in property taxes compared to the state average of $4,015. Property taxes are based on the assessed value of the property, which is typically lower than the market value.
The property tax timeline in Texas begins on January 1st, when the property valuation date is set. Property value notices are issued between April and May, and the property tax appeal deadline is May 15th or 30 days after the notices are issued. The real property tax bill is due on January 31st for the preceding year's gross tax bills.
Updated November 01, 2023
Important Links | |
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McMullen Appraisal District | (361) 274-3638 |
McMullen Tax Office | (361) 274-3233 |
TexasFile Clerk Records | - |
Important Dates | |
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Real Property Tax Bill Due (1st of #): | January 31st, Gross tax bills for preceding year |
Property Valuation Date: | January 1st |
Property Value Notices Issued: | April - May |
Property Tax Appeal Deadline: | May 15th or 30 days after notices are issued |
Property Tax Bills Issued: | October 1st |
Available Exemptions | |
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Early Payment Discount | |
Senior | Available |
Disabled | Available |
Homestead | Available |
Veteran | Available |
Solar/Wind | Available |
Charitable | Available |
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Real Estate Statistics in McMullen County
Residential Property Taxes by Cities in McMullen County
McMullen County has an average property tax rate of 0.51%, which is slightly lower than the state average of 0.55%. This rate is applied to all property owners in the county, regardless of the city they live in. However, the effective property tax rate can vary significantly from city to city. For example, the city of Tilden has the highest effective property tax rate in the county at 0.43%, while other cities such as Calliham and Runge have lower rates of 0.37% and 0.35%, respectively. This means that property owners in Tilden will pay more in taxes than those in other cities.
Overall, McMullen County has a relatively low property tax rate compared to other counties in the state. This is beneficial for property owners in the county, as it allows them to keep more of their money in their pockets. However, it is important to note that the effective property tax rate can vary significantly from city to city, so it is important to research the rates in your city before making any decisions about purchasing property.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in McMullen County. The tax assessment value may differ from the potential sale value, and is used to calculate the property tax for each piece of real estate.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
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Tilden | $6,050 | $16,544 | $41,885 | $112,360 | $388,928 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in McMullen County.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
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Tilden | $57 | $174 | $453 | $875 | $2,148 |
Effective Property Tax Rate
The effective property tax rate is calculated by dividing the property tax bill by the assessed value. For the percentiles below, the calculation is performed using the percentiles for property tax bill and assessed value above. Therefore, each consecutive percentile doesn't necessarily show a larger value.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Tilden | 0.94% | 1.05% | 1.08% | 0.78% | 0.55% |
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Real Estate Values in McMullen County
The median home price in McMullen County in June 2023 is currently unknown, as there is no data available yet. However, the home inventory in McMullen County in June 2023 is currently only 1, indicating that the housing market in McMullen County is likely to be tight. This could lead to an increase in home prices in the area, as demand for housing outstrips supply. In general, the housing market in Texas is expected to remain strong in the coming years, with home prices continuing to rise.
Average Home Value in McMullen County, Texas
Last updated: November 2023
Percent Change in Total Home Sales in McMullen County
Last updated: November 2023
Percent Change in New Home Listings in McMullen County
Last updated: November 2023
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Mortgage Rates in McMullen County
McMullen County has a total of $1.0M in outstanding home mortgage loans. This represents 10 loans, which is a relatively small number compared to other counties in the area. The median mortgage rate in McMullen County is 3.04%, which is slightly lower than the average rate for the state. This indicates that McMullen County is a relatively affordable place to purchase a home.
The variation in mortgage rates across counties in McMullen County is relatively small, with the highest median rate being 3.04% and the lowest being 3.04%. This indicates that the market is relatively stable and that there is not a significant difference in the cost of borrowing between different areas. The total outstanding loan amount of $1.0M is a relatively small amount compared to the total value of homes in the county, indicating that the majority of homeowners are able to pay off their mortgages in a timely manner.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in McMullen County by city.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
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Tilden | $46,786 | $70,760 | $85,156 | $96,400 | $193,231 |
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across McMullen County.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Tilden | 2.33% | 2.35% | 3.04% | 3.93% | 4.35% |
Housing Expenses in McMullen County, Texas
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