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TX. Property Tax
#13554324
05/12/20 12:38 PM
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Joined: Mar 2010
Posts: 25,824
T Bird
OP
TFF Guru
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OP
TFF Guru
Joined: Mar 2010
Posts: 25,824 |
What outrageous tax amount do you pay annually for your primary residence? Me...... Bell County 1825 Sq. Ft. on 1/3 acre lot Year Built 1975 Pay Annually (with HS and 40 % DV Exemptions) $3126.64
Last edited by T Bird; 05/12/20 01:10 PM.
Okie by birth, Texan by choice. USAF "Thunderbirds" Alumni 1985-1989
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Re: TX. Property Tax
[Re: T Bird]
#13554328
05/12/20 12:39 PM
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Joined: Apr 2010
Posts: 26,161
patriot07
TFF Guru
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TFF Guru
Joined: Apr 2010
Posts: 26,161 |
About $8500 per year. 2257 square feet on 1.6 acres in Hunt County.
Life can only be understood backwards; but it must be lived forwards. - Soren Kierkegaard
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Re: TX. Property Tax
[Re: T Bird]
#13554348
05/12/20 12:52 PM
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Joined: Feb 2006
Posts: 5,087
BillS2006
TFF Celebrity
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TFF Celebrity
Joined: Feb 2006
Posts: 5,087 |
Gonzales County in Gonzales city limit
2100 sq. ft. 1.5 acres. Homestead exemption, over 65 rate freeze
$1365 a year in 2020
Transgenders: God made them, the devil changed their minds.
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Re: TX. Property Tax
[Re: T Bird]
#13554351
05/12/20 12:54 PM
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Joined: Apr 2014
Posts: 8,384
Jpurdue
TFF Celebrity
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TFF Celebrity
Joined: Apr 2014
Posts: 8,384 |
I think it's like $18,000 a year, but with the homestead exemption it drops down to something closer to $15,000 per year. It's beyond outrageous. I'd rather pay state income tax. At least that goes away if you lose your job and it's not subject to the whims of an assessor.
"Bragging may not bring happiness, but no man having caught a large fish goes home through an alley." -A.L. www.LunkerLore.com
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Re: TX. Property Tax
[Re: Jpurdue]
#13554355
05/12/20 01:00 PM
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Joined: Mar 2014
Posts: 29,840
Duck_Hunter
TFF Guru
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TFF Guru
Joined: Mar 2014
Posts: 29,840 |
I think it's like $18,000 a year, but with the homestead exemption it drops down to something closer to $15,000 per year. It's beyond outrageous. I'd rather pay state income tax. At least that goes away if you lose your job and it's not subject to the whims of an assessor. I’m leaning towards this, also. You would also actually own your property, not just lease I from the state in perpetuity. Something needs to be done about property taxes in Texas, because this is ridiculous.
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Re: TX. Property Tax
[Re: T Bird]
#13554356
05/12/20 01:00 PM
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Joined: Sep 2011
Posts: 5,404
Minner Bucket
TFF Celebrity
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TFF Celebrity
Joined: Sep 2011
Posts: 5,404 |
Bout 12k in Bexar County. Disgusting! I’d also rather pay a state tax like I did in AZ, it was much less!
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Re: TX. Property Tax
[Re: T Bird]
#13554357
05/12/20 01:00 PM
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Joined: Mar 2003
Posts: 10,728
Fishin' Nut
TFF Guru
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TFF Guru
Joined: Mar 2003
Posts: 10,728 |
11 year old house. 2100 sq ft on a 3/4 acre lot. $675 a year. Madison County, AL.
Oops, you said Texas. My bad. But what Jpurdue said is spot on. When I retire, my taxes will be frozen at less than $700 a year, and I will pay little if any state income tax.
He is truly a sick individual.
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Re: TX. Property Tax
[Re: Jpurdue]
#13554373
05/12/20 01:07 PM
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Joined: Nov 2004
Posts: 1,678
Fourjs
Extreme Angler
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Extreme Angler
Joined: Nov 2004
Posts: 1,678 |
I think it's like $18,000 a year, but with the homestead exemption it drops down to something closer to $15,000 per year. It's beyond outrageous. I'd rather pay state income tax. At least that goes away if you lose your job and it's not subject to the whims of an assessor. We lived in Colorado for 11 years. We moved back to Texas in 2001. Our property taxes were around $1,200 a year, so state income tax did not mean no property taxes. It was cheaper but not -0-. Also, car registration was expensive. Tax was based on vehicle value. A car valued at $30,000 cost around $1,000/year to register. As the vehicle got older, the cost to register it went down. Government is going to get your money, one way or another. Jimmy
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Re: TX. Property Tax
[Re: T Bird]
#13554380
05/12/20 01:08 PM
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Joined: Sep 2005
Posts: 27,568
Uncle Zeek
aka "Dad"
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aka "Dad"
Joined: Sep 2005
Posts: 27,568 |
If this year's appraisal sticks, my bill will be around $4,850.
I agree with JPurdue. It's sad that many folks spend 15-30 years paying a mortgage, only to have the monthly property tax payment in retirement be higher than the mortgage payment was for all those years.
Yes, I know that over-65 gets a freeze on their taxes, but by that time, the tax value has ramped up enormously from when they bought their home.
"Decency is not news; it is buried in the obituaries --but it is a force stronger than crime" ~ Robert A. Heinlein Artim Law Firm, PLLC Estate planning & tax attorney 2250 Morriss Road, Suite 205, Flower Mound, Texas 75028 972-746-0758 mobile zac@artimlegal.com
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Re: TX. Property Tax
[Re: Fourjs]
#13554414
05/12/20 01:25 PM
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Joined: Mar 2014
Posts: 29,840
Duck_Hunter
TFF Guru
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TFF Guru
Joined: Mar 2014
Posts: 29,840 |
I think it's like $18,000 a year, but with the homestead exemption it drops down to something closer to $15,000 per year. It's beyond outrageous. I'd rather pay state income tax. At least that goes away if you lose your job and it's not subject to the whims of an assessor. We lived in Colorado for 11 years. We moved back to Texas in 2001. Our property taxes were around $1,200 a year, so state income tax did not mean no property taxes. It was cheaper but not -0-. Also, car registration was expensive. Tax was based on vehicle value. A car valued at $30,000 cost around $1,000/year to register. As the vehicle got older, the cost to register it went down. Government is going to get your money, one way or another. Jimmy True but if you lose your job, or your wife becomes disabled and can’t work, your property taxes continue to climb based on something you can’t control. And it’s great that property values continue to rise, but the inflation of the taxes themselves Is a huge part of the problem. If all property values are being inflated, you can’t really protest it because the comps are also going up.
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Re: TX. Property Tax
[Re: T Bird]
#13554437
05/12/20 01:39 PM
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Joined: May 2007
Posts: 40,423
WAWI
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 40,423 |
When my mother died her property taxes were about 1.5 times what the annual principle and interest payments were when she had bought the house. Now she lived in that house 50 years so you may say that really is a bad example.... if I stay in my house 50 years at the rate they have increased over the last 11 years mine will be 2 to 3 times the amount of what the payments were. Bottom line is there is a real good chance that the house you could afford to pay for, raise a family in, and spend most of your life in you wont be able to afford to retire in and die in. Thank your local ISD and appraisal districts for this.
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Re: TX. Property Tax
[Re: T Bird]
#13554458
05/12/20 01:49 PM
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Joined: Apr 2017
Posts: 12,111
BCBassCat
TFF Guru
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TFF Guru
Joined: Apr 2017
Posts: 12,111 |
Between property and federal taxes this year we're paying around 10k on top of normal withholding. I'm doing something wrong, badly wrong. I thought we'd be flush with cash when the eldest got off the books.
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Re: TX. Property Tax
[Re: WAWI]
#13554468
05/12/20 01:52 PM
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Joined: Jul 2005
Posts: 23,034
Hard Rain
TFF Guru
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TFF Guru
Joined: Jul 2005
Posts: 23,034 |
When my mother died her property taxes were about 1.5 times what the annual principle and interest payments were when she had bought the house. Now she lived in that house 50 years so you may say that really is a bad example.... if I stay in my house 50 years at the rate they have increased over the last 11 years mine will be 2 to 3 times the amount of what the payments were. Bottom line is there is a real good chance that the house you could afford to pay for, raise a family in, and spend most of your life in you wont be able to afford to retire in and die in. Thank your local ISD and appraisal districts for this. ^^^ Amen!
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Re: TX. Property Tax
[Re: T Bird]
#13554513
05/12/20 02:12 PM
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Joined: Mar 2019
Posts: 352
JohnF67
Angler
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Angler
Joined: Mar 2019
Posts: 352 |
Unincorporated Williamson County (in a MUD). 1,937 Sq Ft 1/5 Acre Lot 10 years old (I'm the original owner) With Homestead and a 30% DV exemption, I paid $6,701 last year.
Last edited by JohnF67; 05/12/20 02:12 PM.
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Re: TX. Property Tax
[Re: T Bird]
#13554528
05/12/20 02:23 PM
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Joined: Jan 2003
Posts: 83,277
Pilothawk
Pumpkin Head
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Pumpkin Head
Joined: Jan 2003
Posts: 83,277 |
Calloway County
$2200/year on 2500 square feet on the water.
KANSAS JAYHAWK BASKETBALL - Where tradition comes from 2008 NATIONAL BASKETBALL CHAMPIONS-ORANGE BOWL CHAMPIONS 2008 52 Conf Champs /5 Nat'l Champs
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