Example of Archer County Property Tax Calculation
Archer County calculates property tax based on the assessed value of the property. To determine the assessed value, the county assessor's office uses the market value of the property and applies a set percentage determined by the state. In Archer County, the percentage is typically around 75%.
For example, if a home in Archer County has a market value of $100,000, the assessed value would be $75,000. To calculate the property tax, the assessed value is multiplied by the county's tax rate. Let's say the tax rate for Archer County is 2%. The property tax would then be $1,500 (75,000 x 0.02).
It's important to note that property taxes in Archer County may also include additional fees, such as school district taxes or special assessment fees. These fees can vary depending on the location and type of property.
In summary, property taxes in Archer County are calculated based on the assessed value of the property and the county's tax rate. Property owners can contact the county assessor's office for more detailed information on their specific property taxes.
If you want appeal your property tax assessment - contact your local tax assessor.
Archer County Property Tax Rates
Here is the table listing the Archer County Property Tax Rates:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County Tax | $0.4369 |
| Archer City ISD Tax | $1.1785 |
| Holliday ISD Tax | $1.1895 |
| City of Archer City Tax | $0.6474 |
| City of Holliday Tax | $0.6700 |
It is important to note that these rates are subject to change and may vary depending on the assessed value of the property. As a tax advisor, it is crucial to stay up-to-date on any changes to tax rates in Archer County to provide accurate advice to clients.
Who sets property tax rates in Archer County ?
The property tax rates in Archer County are set by the Archer County Commissioners Court. This court is made up of five elected officials and meets regularly to determine various county policies, including property taxes. The tax rates are typically set on an annual basis and take into account factors such as the county's budget, property values, and other revenue sources. The rates are then distributed to property owners based on the assessed value of their land and buildings. It is important for property owners to stay informed about these rates and any changes that may affect their tax obligations.
Homestead exemptions in Archer County ?
In Archer County, Texas, there are several Homestead exemptions and deductions available to residents. Here's a quick breakdown of what you can expect:
Homestead Exemptions
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | Any homeowner | Up to 20% of home value | Maximum exemption of $25,000 |
| Over 65 Homestead Exemption | Homeowner over 65 years old | Up to 20% of home value | No maximum exemption |
| Disabled Person Homestead Exemption | Homeowner with disability | Up to 20% of home value | No maximum exemption |
| Surviving Spouse Homestead Exemption | Surviving spouse of a disabled person | Up to 20% of home value | No maximum exemption |
Deductions
| Deduction | Eligibility | Amount | Notes |
|---|---|---|---|
| Agricultural Land Deduction | Property used for agriculture | Up to 75% of appraised value | Must meet certain criteria and be approved by the state |
| Disabled Veteran Deduction | Veteran with service-connected disability | Up to $12,000 of home value | Must be approved by the VA and meet certain criteria |
| Optional Percentage Homestead Exemption | Any homeowner | Varies based on taxing unit | Must be approved by the taxing unit |
It's important to note that these exemptions and deductions may change, and it's always a good idea to check with the county or a tax professional for the most up-to-date information. However, knowing what's available can help Archer County residents save money on their property taxes.
When is Archer County Property Tax due ?
Archer County Property Tax Due Date and Payment Methods
Archer County property tax is typically due on January 31st of each year. Payment can be made using several methods, including:
- Online payment: Taxpayers can make payments online using a credit card, debit card, or e-check. To pay online, taxpayers need to visit the Archer County Tax Office website and follow the instructions.
- In-person payment: Taxpayers can also pay in person at the Archer County Tax Office, located at 100 S. Center St. in Archer City, Texas. The office is open from 8:00 a.m. to 4:30 p.m. Monday through Friday, except on holidays.
- Mail payment: Taxpayers can mail their payment to the Archer County Tax Office using the address below. Payments must be postmarked by January 31st to avoid penalties and interest.
Archer County Tax Office 100 S. Center St. Archer City, Texas 76351
It's important to note that if the due date falls on a weekend or holiday, the payment is due on the next business day. Additionally, penalties and interest accrue on unpaid balances after the due date. Therefore, it's recommended that taxpayers pay their property tax on time to avoid additional fees.
If you have more questions - contact your local tax collector.
How is Archer County Property Tax penalty calculated ?
Archer County Property Tax Penalty Calculation:
The property tax penalty in Archer County, Texas is calculated using a simple formula. The penalty is levied on the unpaid balance of property taxes after the due date. This means if the property owner fails to pay the full amount of property taxes before the due date, they will face a penalty.
The penalty is calculated as follows:
- A penalty of 6% is levied on the unpaid tax balance immediately after the due date.
- An additional penalty of 1% is added each month until the tax is paid in full.
- The maximum penalty for delinquent property taxes is 12%.
For example, if a property owner owes $10,000 in property taxes and fails to pay by the due date, they will face a penalty of $600, which is 6% of the unpaid balance. If the taxes remain unpaid after one month, an additional 1% penalty of $100 will be added to the total penalty. If the taxes are still unpaid after six months, the penalty will be $1,200, which is the maximum penalty of 12%.
To avoid penalties and interest, property owners in Archer County should ensure that they pay their property taxes on time. Additionally, property owners can take advantage of discounts offered by the County if they pay their property taxes before the due date.
In summary, the penalty for delinquent property taxes in Archer County is calculated based on the unpaid tax balance and the number of months the taxes remain unpaid. It is important for property owners to pay on time to avoid penalties and interest.
We recommend contacting the Archer County Tax Office or a local tax professional for the most up-to-date and accurate information.