Mount Calm, Limestone County, Texas Property Taxes
Median Mount Calm, TX effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Mount Calm, TX home value: $232,500
Median annual Mount Calm, TX tax bill: $1,642, $758 lower than the national median property tax bill of $2,400.
How are property taxes in Limestone County calculated?
Property taxes in Mount Calm, 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 Mount Calm's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mount Calm, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mount Calm, Limestone County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.84%
Estimate Property Tax Bill
$1,953
$1,812
Property Tax Rates Across Mount Calm, Limestone County, Texas
Local government entities determine tax rates, which can significantly differ within a state. The reason for this variation is that each county annually estimates its required budget to provide essential public services. This budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. Although the process involves votes and legal considerations, this is the fundamental method used to establish tax rates each year.
In Mount Calm, located in Limestone County, the effective property tax rate is a point of interest. Compared to other cities in Texas and the national landscape, Mount Calm's rate stands out. The median property tax rate in Texas is 1.81%, which is higher than the national median of 1.02%. However, Mount Calm's rate is notably lower than both these benchmarks, providing a more favorable tax environment for property owners. This lower rate can be particularly appealing for those looking to invest in property or manage their current holdings more economically. Understanding these differences can empower property owners to make informed decisions about their investments in Mount Calm and beyond.
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 Mount Calm Tax Rate
0.84%
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 Limestone County Tax Rate
1.35%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mount Calm, Limestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76673 | 0.20% | 0.38% | 0.84% | 1.17% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Mount Calm, Limestone County, Texas
When examining property taxes in Mount Calm, 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 Limestone 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 Limestone County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Mount Calm. For example, the median home price in Mount Calm is $232,500, with tax bills ranging significantly across the county. Zip code 76673 has the highest median home price at $232,500.
Property Tax Assessment Values Across Mount Calm, Limestone County, Texas
Source: Ownwell
$58,870
$147,705
$236,540
Median Mount Calm Market Value
$232,500
Median Limestone County Market Value
$107,130
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mount Calm, Limestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76673 | $37,186 | $80,500 | $232,500 | $465,330 | $763,982 |
Source: Ownwell
Property Tax Bills Across Mount Calm, Limestone County, Texas
Median Mount Calm Tax Bill
$1,642
Median Limestone County Tax Bill
$1,357
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Mount Calm, Limestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76673 | $247 | $571 | $1,642 | $3,019 | $4,693 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Limestone Appraisal District | |
| Website | esearch.limestonecad.com |