If all else fails and you still need to reduce your property tax bill, you can appeal your property assessment. Type in some details about yourself and your property.Your guide is easy to get by following these steps: How Do You Get Your Property Tax Guide From DoNotPay? Your personalized property tax guide features two sections: Property Tax Exemptions We can offer you customized advice on what exemptions are viable for you. Can DoNotPay Help You Claim a Property Tax Exemption in Bell County?ĭoNotPay is your one-stop-shop for advice on reducing your property tax bill or getting help with paying your property tax. The exemption is renewable every year for ten years, with the exemption value decreasing by 10% each year. Texas is committed to developing renewable energy sources and offers an exemption equivalent to 100% of the installation cost of solar or wind-power systems. Their surviving unremarried spouse and minor children are also eligible for this exemption. Veterans disabled in the line of duty can qualify for a partial exemption on their property’s assessed value, and the amount is dependent on their degree of disability. If homeowners are both senior and disabled, they can apply for both exemptions. Senior Citizens’ or Disabled Persons’ Exemptionīell County homeowners aged 65 or over or disabled homeowners of any age can claim an additional $10,000 off their assessed property value.Ī disabled person has to meet the state criteria to receive a disabled person’s allowance. In some cases, an additional exemption of 20% off the property’s value may be offered. Senior citizens’ or disabled persons’ exemptionĪ homestead is a property you own and live in as your primary residence, and Bell County offers an exemption of $25,000 off the assessed value of your home.What Property Tax Exemptions Are Available in Bell County?Įven though your property tax bill is likely to be high in Bell County, there are several exemptions available to homeowners. Your property tax in Bell County is payable in one installment, and the key tax dates are: DateĪppraisals completed and exemption applications processedĬounty sends appraisal notices to homeowners What Are the Key Dates for Property Tax in Bell County? Bearing in mind that property prices in Bell County are increasing by around 4.3% per year but that the median income is growing by only 3.8%, the combination of a high property tax rate and rising property assessments could hit you harder each year. Your property’s value is appraised every year by county assessors, who take into account property prices for similar homes in your area. The rate currently sits at 1.83%-well above the national average of 1.07%, but below the median for Texas-which does not figure on the list of states with low property tax. No state property tax revenue is available to counties in Texas, so Bell County calculates the amount of money it needs to fund its local services and sets the tax rate accordingly. The two elements of your property tax are administered as follows: The Texas Constitution sets out strict guidelines for how property tax should be handled in each county, and this ensures that the system remains fair and equitable to all homeowners. Property tax in Bell County is used to fund:
Bell County is not one of the highest, and you can expect to pay around 1.8%. The result is that Texas has high property tax rates, with some counties charging over 2%. The State of Texas does not levy any central property tax, so it is left up to each county to fund its municipal services through property tax collection. Your property tax bill is calculated by multiplying the applicable tax rate by your property’s assessed value. How Does Bell County Work Out Your Property Tax?
ĭoNotPay is here to assist you with all the facts and tailor-made advice so you can get the most out of Bell County property tax exemptions. With the growing population, the rising cost of living, and increasing property values in Bell County, you need every opportunity you can find to reduce your annual property tax bill or get help paying your property taxes.
Reducing Property Taxes Bell County Property Tax Exemptions Made Possible Bell County Property Tax Exemptions Made Possible With DoNotPay’s Helpīell County is one of the oldest counties in Texas, suffering from the same high property tax rates as the rest of the state.
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