Harris County, TX Property Tax Information

The Texas Tax Code represents the main legal document regarding taxation in the State of Texas. Property taxes are determined at local levels, being used for paying for services such as schools, hospitals, colleges and others.

Market Value

The Harris Central Appraisal District determines the appraised values, also known as market values, for all taxable real property in Harris County. Market value has been defined by The Supreme Court as the sale price of real estate as agreed upon between a willing buyer and willing seller, with neither being under duress to buy or sell. Properties are reappraised at least once every three years, but they can be reappraised as often as every year if the market is active in that area.

Agricultural Use Value

The Property Tax Code Section 23.51 affords owners of farmland the opportunity to have their parcels taxed according to their agriculture value rather than their market value. If the program is applicable, the use value replaces the land market value in the assessment process.

No part of this property is currently assessed under the Agricultural use program.

Assessed / Appraised Value

Assessed value is the foundation upon which taxing authorities determine the amount of real estate taxes to be paid. In Texas, properties are assessed at 100% of their market values less any governmental subventions. For owner-occupied residential property receiving a homestead exemption, appraised value may be lower than the property's market value because of what the law refers to as the homestead cap. Under current law, while a homestead property's January 1st market value isn't capped, that property's appraised value is capped at a maximum increase of 10% each year.

This property does not currently benefit of homestead cap.

Property Tax

Property tax is calculated by multiplying the property's taxable value with the corresponding tax rates.
In Harris County several exemptions are available which may lower the property's tax bill. These are deducted from the assessed/appraised value to give the property's taxable value.
Current tax represents the amount the present owner pays including homestead cap.
Base tax is an estimate of what an owner not benefiting from tax deductions would pay.
Nevertheless, actual taxes might differ from the figures displayed here due to various abatement and financial assistance programs or other exemptions/tax deductions that might apply.
Note: The assessed values are as of January 1st 2011 while the tax rates are for the 2010 year.

For more information please visit web pages of Harris County Assessor and Treasurer or look up this property's current tax situation here. Also, for a general overview of the Harris County property taxation you can access the Harris County Taxpayers' Guide here.