Average Tax Assessment in Van Zandt County
Real Estate Values and Property Tax Valuation in Van Zandt County, Texas
Van Zandt County has 25,402 properties with a cumulative value of $4.0B. This represents 0.19% of all real estate value in Texas. Property taxes in Van Zandt County totaled $47.6M, with the average homeowner paying $1,896 in property taxes, which is lower than the state average of $4,015. The average property tax rate in Van Zandt County is 1.20%, while the state average is 1.69%. Property taxes are calculated based on the assessed value of the property.
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 | |
---|---|
Van Zandt Clerk (Recorder) | (903) 567-6503 |
TexasFile Clerk Records | - |
Van Zandt Appraisal District | (903) 567-6171 |
Important Dates | |
---|---|
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 | |
---|---|
Early Payment Discount | |
Senior | Available |
Disabled | Available |
Homestead | Available |
Veteran | Available |
Solar/Wind | Available |
Charitable | Available |
Don't Miss Your Property Tax Appeal Deadline
Real Estate Statistics in Van Zandt County
Residential Property Taxes by Cities in Van Zandt County
Van Zandt County has an average property tax rate of 1.20%, which is slightly lower than the state average of 1.33%. This rate is applied to all properties in the county, regardless of location. However, the effective property tax rate can vary significantly from city to city. For example, the city of Van has an effective property tax rate of 1.5%, while the city of Fruitvale has an effective property tax rate of 0.87%. This means that property owners in Van will pay significantly more in property taxes than those in Fruitvale. Overall, Van Zandt County has a relatively low property tax rate compared to other counties in Texas, and the rates vary significantly from city to city.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Van Zandt 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 |
---|---|---|---|---|---|
Ben Wheeler | $22,110 | $52,505 | $111,725 | $212,058 | $344,465 |
Canton | $31,190 | $75,700 | $145,260 | $239,238 | $356,010 |
Chandler | $49,154 | $94,455 | $173,430 | $260,185 | $361,536 |
Edgewood | $30,450 | $60,060 | $124,160 | $208,600 | $329,000 |
Eustace | $22,160 | $50,740 | $109,160 | $247,610 | $382,100 |
Fruitvale | $13,352 | $36,070 | $86,655 | $142,805 | $259,236 |
Grand Saline | $26,312 | $53,600 | $104,490 | $180,890 | $295,168 |
Mabank | $21,479 | $53,925 | $131,490 | $241,610 | $363,027 |
Murchison | $11,741 | $32,818 | $78,605 | $144,125 | $256,576 |
Van | $35,341 | $70,468 | $118,455 | $195,172 | $286,479 |
Wills Point | $20,014 | $47,980 | $98,680 | $190,000 | $292,628 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in Van Zandt County.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ben Wheeler | $163 | $452 | $1,063 | $2,238 | $3,877 |
Canton | $268 | $786 | $1,867 | $3,322 | $5,034 |
Chandler | $283 | $727 | $1,698 | $2,872 | $3,753 |
Edgewood | $273 | $739 | $1,460 | $2,709 | $4,124 |
Eustace | $171 | $444 | $1,060 | $2,361 | $4,029 |
Fruitvale | $90 | $243 | $628 | $1,364 | $2,329 |
Grand Saline | $248 | $645 | $1,354 | $2,478 | $3,937 |
Mabank | $181 | $506 | $1,349 | $2,761 | $4,257 |
Murchison | $123 | $277 | $769 | $1,784 | $3,097 |
Van | $345 | $908 | $1,886 | $3,080 | $4,611 |
Wills Point | $168 | $509 | $1,182 | $2,276 | $3,755 |
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 |
---|---|---|---|---|---|
Ben Wheeler | 0.74% | 0.86% | 0.95% | 1.06% | 1.13% |
Canton | 0.86% | 1.04% | 1.29% | 1.39% | 1.41% |
Chandler | 0.58% | 0.77% | 0.98% | 1.10% | 1.04% |
Edgewood | 0.90% | 1.23% | 1.18% | 1.30% | 1.25% |
Eustace | 0.77% | 0.88% | 0.97% | 0.95% | 1.05% |
Fruitvale | 0.67% | 0.67% | 0.72% | 0.96% | 0.90% |
Grand Saline | 0.94% | 1.20% | 1.30% | 1.37% | 1.33% |
Mabank | 0.84% | 0.94% | 1.03% | 1.14% | 1.17% |
Murchison | 1.05% | 0.84% | 0.98% | 1.24% | 1.21% |
Van | 0.98% | 1.29% | 1.59% | 1.58% | 1.61% |
Wills Point | 0.84% | 1.06% | 1.20% | 1.20% | 1.28% |
Reduce your property tax bill with Ownwell!
Real Estate Values in Van Zandt County
The data from Redfin shows that the median home price in Van Zandt County, Texas has increased by 19.15% from October 2022 to October 2023. This is a significant increase in home prices in the area, indicating that the housing market in Van Zandt County is strong and growing. Additionally, the home inventory in Van Zandt County has also increased from 228 in October 2022 to 257 in October 2023, indicating that there is an increased demand for housing in the area. This suggests that the housing market in Van Zandt County is healthy and that home prices are likely to continue to rise in the future.
Average Home Value in Van Zandt County, Texas
Last updated: November 2023
Percent Change in Total Home Sales in Van Zandt County
Last updated: November 2023
Percent Change in New Home Listings in Van Zandt County
Last updated: November 2023
Reduce your property tax bill with Ownwell
Mortgage Rates in Van Zandt County
Van Zandt County has a total of $879.3M in outstanding home mortgage loans, representing 5.9K loans. This amount is equivalent to approximately 8.4% of the total home value in the county. The median mortgage rate in Van Zandt County varies across cities, with Chandler having the highest rate of 4.07% and Murchison having the lowest rate of 3.91%. This indicates that there is a significant variation in mortgage rates across the county, which could be attributed to the different economic conditions in each city.
Overall, the amount of outstanding home mortgage loans in Van Zandt County is relatively high, and the variation in mortgage rates across cities is significant. This could be beneficial for potential homebuyers, as they can shop around for the best rate and find the most suitable loan for their needs.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Van Zandt County by city.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ben Wheeler | $25,943 | $55,468 | $109,901 | $194,827 | $280,494 |
Canton | $37,703 | $73,034 | $128,789 | $207,952 | $294,560 |
Chandler | $28,416 | $65,355 | $117,553 | $197,100 | $286,484 |
Edgewood | $30,007 | $60,633 | $117,981 | $203,079 | $311,017 |
Eustace | $31,707 | $60,318 | $126,709 | $221,230 | $337,419 |
Fruitvale | $24,320 | $52,386 | $87,220 | $172,367 | $270,571 |
Grand Saline | $23,820 | $48,865 | $108,747 | $174,855 | $263,934 |
Mabank | $33,082 | $70,890 | $122,289 | $206,579 | $325,369 |
Murchison | $25,895 | $44,893 | $78,938 | $144,998 | $229,450 |
Van | $34,103 | $61,732 | $107,972 | $171,964 | $275,023 |
Wills Point | $32,767 | $65,054 | $117,199 | $193,667 | $285,050 |
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Van Zandt County.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ben Wheeler | 2.90% | 3.48% | 3.94% | 4.60% | 6.06% |
Canton | 2.90% | 3.45% | 3.95% | 4.60% | 5.86% |
Chandler | 2.80% | 3.44% | 4.07% | 4.80% | 6.25% |
Edgewood | 2.90% | 3.40% | 3.98% | 4.64% | 5.75% |
Eustace | 2.90% | 3.30% | 3.92% | 4.50% | 5.70% |
Fruitvale | 2.90% | 3.47% | 4.02% | 4.51% | 6.00% |
Grand Saline | 2.90% | 3.44% | 3.97% | 4.70% | 6.06% |
Mabank | 2.90% | 3.44% | 4.00% | 4.66% | 5.99% |
Murchison | 2.90% | 3.39% | 3.91% | 4.50% | 5.94% |
Van | 2.90% | 3.40% | 3.97% | 4.75% | 6.13% |
Wills Point | 2.90% | 3.40% | 3.92% | 4.53% | 5.90% |
Housing Expenses in Van Zandt County, Texas
Reduce your property tax bill with Ownwell
With Ownwell's property tax monitoring service ensures you'll never overpay on property taxes again.
How Ownwell works?
- Enter your property address and get an instant estimate of your potential tax savings based on local market data and our historical tax savings in your area.
- Sign up online and authorize Ownwell to fight your tax bill in less than 5 minutes.
- Sit back and let us get to work. Ownwell handles everything start to finish with no up-front costs. It’s all backed by our industry-leading Savings-or-Free Guarantee.
- When we save you money our fee is just 25% of your savings. If you don't save, you don't pay. We will continue to monitor your property taxes every year to ensure that you never overpay or have to worry about your property taxes again.