Arlington, Parker County, Texas Property Taxes

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 services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

Arlington in Tarrant County, TX, has an effective property tax rate that can be compared to other cities in Texas and the national median. The median property tax rate in Texas is significantly lower than the national median, making it an attractive state for property owners. However, Arlington's rate is notably higher than both the state and national medians. This means property owners in Arlington may face higher tax bills compared to other parts of the state and nation. Understanding these differences in tax rates can help property owners make informed decisions and potentially seek property tax appeal services to reduce their tax burden.

In Arlington, located in Parker County, TX, property tax bills are determined based on the assessed value of a home. This value is calculated by the county appraisal district and is used to determine the amount of property taxes owed. The median home price in Arlington is $570,740, leading to a property tax bill that can be significantly higher than the national median property tax bill of $2,400. In fact, property tax bills in Arlington can reach up to $10,518, which is considerably above the national average.

Several factors influence the property tax bill, including the property's assessed value and the local tax rate. Homeowners in Arlington can face substantial financial burdens due to these high property taxes. Ownwell can assist homeowners by providing property tax appeal and exemption services, potentially reducing their tax liabilities. By leveraging professional expertise, Ownwell helps homeowners navigate the complexities of property tax assessments, ensuring they pay only their fair share. This can lead to considerable savings and financial relief for homeowners in Arlington.