Jefferson 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 services such as schools, hospitals, colleges and others. In Texas, taxable property includes two basic types of property: real property and business personal property.

Market Value

The Jefferson County Appraisal District (JCAD) determines the appraised values, also known as market values for all taxable real property in Jefferson 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. The appraised values can decrease or increase. In the case of residential homesteads, the increase is limited to a maximum of 10% per assessment - the so called limited appraised value.

Assessed Values

Assessed value is the foundation upon which taxing authorities determine the amount of real estate taxes to be paid. Currently, in Texas, properties are assessed at 100% of their market values. In case of residential properties, if total market value is greater than limited appraised value, than the latter will be considered as the total assessed value. Unfortunately no data regarding the limited appraised values was provided to us, therefore we can only use of the total market values in our calculations.

Exemptions

A wide variety of property tax exemptions are available in Jefferson County, which may lower the property's tax bill. These are deducted from the assessed value to give the property's taxable value.

Due to the fact that no data regarding the exact exemptions values was provided, the total assessed value is equal to the total taxable value.

Property tax

Property tax is calculated by multiplying taxable value by the applicable tax rates.
Base tax is an estimate of what an owner NOT benefiting from tax exemptions or deductions would pay.
Nevertheless, actual taxes might differ from the figures displayed here due to various abatement and financial assistance programs.

For more information please visit the web pages of Jefferson County's Central Appraisal District and Tax Office or look up this property's current tax situation here Additional information regarding property taxation in Jefferson County can be found here.