Example of Brazos County Property Tax Calculation
Brazos County Property Tax calculation can be easily understood even by a 10-year-old. To calculate property tax in Brazos County, the first step is to determine the assessed value of the property itself. This is done by multiplying the appraised value of the property by the assessment ratio of the county, which is currently set at 0.3087.
For example, let's say the appraised value of a property is $200,000. To find the assessed value, you would multiply $200,000 by 0.3087, giving you a result of $61,740. This is the assessed value of the property that will be used to calculate the property tax.
Next, you need to determine the tax rate for the particular taxing district in which the property is located. For instance, if the property is located in the city of College Station, the tax rate for 2021 is 0.5269 per $100 of assessed value.
To calculate the property tax, you simply multiply the assessed value of the property by the tax rate. Using our previous example, if the assessed value of the property is $61,740 and the tax rate is 0.5269, the property tax for that year would be $325.13.
It's important to keep in mind that property tax rates and assessment ratios can change from year to year, so it's important to stay up-to-date on any changes in your particular taxing district.
If you want appeal your property tax assessment - contact your local tax assessor.
Brazos County Property Tax Rates
The following table shows the property tax rates in Brazos County, Texas, organized by tax and rate per $100 of assessed value:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County | $0.5319 |
| City of Bryan | $0.5585 |
| City of College Station | $0.4845 |
| Brazos County Hospital District | $0.1672 |
| Bryan ISD | $1.3185 |
| College Station ISD | $1.275 |
| Brazos County ESD 1 | $0.10 |
| Brazos County ESD 2 | $0.10 |
| Brazos County ESD 3 | $0.10 |
It is important to note that the total property tax rate for a given property may vary depending on the specific location and any additional taxes or fees that may apply. It is recommended that individuals consult with a tax professional for personalized advice regarding property taxes in Brazos County.
Who sets property tax rates in Brazos County ?
In Brazos County, property tax rates are set by two main entities: the Brazos County Commissioners Court and the various school districts within the county.
The Commissioners Court is responsible for setting the tax rate for county services, such as law enforcement, roads and bridges, and emergency services. This rate is typically set each year during budget planning sessions, which take place in late summer or early fall.
Meanwhile, the various school districts within Brazos County set their own tax rates to fund local education. These rates are typically set annually during budget planning sessions, which take place in the summer or early fall.
It's important to note that property tax rates can vary significantly depending on the specific location and property type within Brazos County. Factors such as zoning, use, and value can all impact the property tax rate for a given property.
Overall, anyone who owns property within Brazos County should be aware of the tax rates and how they are set, as this can have a significant impact on their overall financial situation.
Homestead exemptions in Brazos County ?
Here's the answer using markdown lists and tables:
Homestead Exemptions and Deductions in Brazos County, Texas
The following table shows all the county specific Homestead exemptions and deductions in Brazos County, Texas.
| Exemption/Deduction | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | Must own and occupy the property as primary residence on January 1st of the tax year | Up to 20% of the appraised value of the property | None |
| Age 65 or older or disabled exemption | Must be at least 65 years old or disabled on January 1st of the tax year | Up to $10,000 of the appraised value of the property | Those who qualify for this exemption are also eligible for the General Homestead Exemption |
| Disabled veteran exemption | Must be a Texas resident and have a service-connected disability rating of at least 10% | Up to $12,000 of the appraised value of the property | Those who qualify for this exemption are also eligible for the General Homestead Exemption |
| Disabled veteran's surviving spouse exemption | Must be the surviving spouse of a disabled veteran who qualified for the exemption at the time of their death | Up to $12,000 of the appraised value of the property | None |
| Optional school exemption | Must own and occupy the property as primary residence on January 1st of the tax year and be 65 years of age or older or disabled | A reduction in the appraised value of the property by the amount of the exemption set by the school district | This exemption is set by the local school district and may not be available in all areas |
It is important to note that eligibility requirements and amounts for exemptions and deductions may vary by county and can change from year to year. Taxpayers should consult their local tax assessor-collector's office for the most up-to-date information.
When is Brazos County Property Tax due ?
Brazos County Property Tax is typically due on January 31st of every year. However, taxpayers have the option to pay their property tax in installments, with the first half due on November 30th and the second half due on June 30th of the following year.
There are several payment methods available for taxpayers to pay their property tax. These methods include:
| Payment Method | Description |
|---|---|
| Online | Taxpayers can pay their property tax online through the Brazos County Tax Office website using a credit card or e-check. |
| Taxpayers can mail their property tax payment to the Brazos County Tax Office along with their payment stub. | |
| In-Person | Taxpayers can pay their property tax in-person by visiting the Brazos County Tax Office during business hours. Accepted forms of payment include cash, check, credit card, or money order. |
| Drop Box | Taxpayers can drop their property tax payment off at the Brazos County Tax Office drop box, located outside the building. |
It is important to note that failure to pay property tax by the due date may result in penalties and interest charges. Therefore, taxpayers are encouraged to make their payments on time to avoid any additional fees.
If you have more questions - contact your local tax collector.
How is Brazos County Property Tax penalty calculated ?
Brazos County Property Tax Penalty Calculation
In Brazos County, property taxes are assessed annually on January 1st and are due on January 31st of the following year. If the taxes are not paid by the due date, a penalty is added to the amount owed. The penalty is calculated based on the number of months the taxes are delinquent.
The penalty rate for Brazos County is set by the Texas Property Tax Code and is 6% for the first calendar month and an additional 1% for each month thereafter, up to a maximum penalty of 12%.
Here is an example of how the penalty is calculated:
Let's say a property owner owes $10,000 in property taxes for the year 2021 in Brazos County. The due date for the taxes is January 31, 2022. If the owner fails to pay the taxes by this date, the penalty will begin to accrue.
If the owner pays the taxes on February 15th, the penalty will be 6%, or $600 (6% of the $10,000 owed).
If the owner pays the taxes on April 1st, the penalty will be 8%, or $800 (6% for the first month and an additional 2% for the second month).
If the owner pays the taxes on June 1st, the penalty will be 10%, or $1,000 (6% for the first month, 2% for the second month, and an additional 2% for the third month).
If the owner pays the taxes on October 1st or later, the penalty will be the maximum allowable penalty of 12%, or $1,200 (6% for the first month, 2% for the second month, and 4% for the third through ninth months).
It's important to note that interest is also charged on delinquent property taxes at a rate of 1% per month until the taxes are paid in full.
In summary, the penalty for delinquent Brazos County property taxes is calculated based on the number of months the taxes are late, with a maximum penalty of 12%. Interest is also charged on delinquent taxes at a rate of 1% per month until the taxes are paid in full.
We recommend contacting the Brazos County Tax Office or a local tax professional for the most up-to-date and accurate information.