Elmo, Kaufman County, Texas Property Taxes
Median ELMO, TX effective property tax rate: 0.67%, significantly lower than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median ELMO, TX home value: $179,031
Median annual ELMO, TX tax bill: $998, $1,402 lower than the national median property tax bill of $2,400.
How are property taxes in Kaufman calculated?
Property taxes in ELMO, 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 ELMO’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in ELMO, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Elmo, Kaufman County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.67%
Estimate Property Tax Bill
$1,200
$1,113
$1,102
Average Tax Savings
Property Tax Rates Across Elmo, Kaufman County, Texas
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide essential services, dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the essence of the annual process.
In Elmo, located in Kaufman County, Texas, the effective property tax rate is a point of interest for homeowners. Compared to other cities in Texas, Elmo's rate provides a unique perspective on property taxation within the state. When juxtaposed against the median property tax rates in Texas and the national median, homeowners in Elmo might find themselves paying a different percentage of their property's assessed value. Understanding these comparisons is crucial for property owners looking to make informed decisions about their investments and potential tax appeals. By gaining insight into how Elmo's property tax rate aligns with state and national trends, residents can better navigate the complexities of property taxation.
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 Elmo Tax Rate
0.67%
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 Kaufman County Tax Rate
1.74%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Elmo, Kaufman County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75118 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,102
Average Elmo Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Assessment Values Across Elmo, Kaufman County, Texas
When examining property taxes in ELMO, 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 Kaufman 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 Kaufman County, assessment notices are sent in the spring each year, typically reaching 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 ELMO. For example, the median home price in ELMO is $179,031, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Elmo, Kaufman County, Texas
Source: Ownwell
$37,500
$366,668
$695,836
Median Elmo Market Value
$179,031
Median Kaufman County Market Value
$308,491
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Elmo, Kaufman County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75118 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,102
Average Elmo Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Bills Across Elmo, Kaufman County, Texas
In Elmo, located in Kaufman County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district and is a percentage of the market value of the property. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Homeowners in Elmo experience a range of tax bills, with the 25th percentile at $319 and the 75th percentile reaching $1,976. The 90th percentile sees tax bills as high as $3,332, which can be a significant financial burden compared to the national median property tax bill of $2,400.
Ownwell offers a solution to help homeowners reduce their property tax bills through professional appeal services. By analyzing the assessed value and market conditions, Ownwell can identify opportunities for savings and assist in filing appeals to potentially lower the tax burden. This service can lead to substantial savings for homeowners, making property ownership more affordable.
Median Elmo Tax Bill
$998
Median Kaufman County Tax Bill
$5,156
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Elmo, Kaufman County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75118 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,102
Average Elmo Tax Savings
Save on your property taxes & more with Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | January 31 |
Links | |
|---|---|
| Kaufman Appraisal District | |
| Website | esearch.kaufman-cad.org |
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