Eastland County Property Tax Rates
The Eastland County Property Tax rates are as follows:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County Tax | $0.5767 |
| City Tax | $0.5000 |
| School Tax | $1.1917 |
| Hospital Tax | $0.1500 |
| Junior College Tax | $0.1513 |
It is important to note that these rates may vary based on the location and specific circumstances of the property being assessed. Taxpayers should consult with a qualified tax advisor or contact their local tax authority for further information.
Example of Eastland County Property Tax Calculation
Eastland County calculates property tax based on the assessed value of the property in question. The assessed value is determined by the county appraisal district, which considers factors such as location, size, and age of the property. Once the assessed value is determined, the county applies a tax rate to calculate the amount of property tax owed.
For example, if a property in Eastland County has an assessed value of $100,000 and the county's tax rate is 2%, the property owner would owe $2,000 in property taxes. This amount can be paid in full or in installments throughout the year, depending on the county's payment schedule.
It's important to note that some properties, such as those owned by certain types of nonprofit organizations, may be exempt from property tax. Additionally, property owners may be eligible for various tax exemptions or deductions based on factors such as age, disability, or military service.
If you want appeal your property tax assessment - contact your local tax assessor.
Who sets property tax rates in Eastland County ?
Property Tax Rates in Eastland County
Definition
Property tax rates in Eastland County are a percentage of a property's assessed value that is paid annually to fund local government services, such as schools, roads, and law enforcement.
Authority
The Eastland County Commissioners Court sets the property tax rates for the county. In addition, the local school district and other special districts, such as hospital districts, have their own tax rates that are approved by their governing boards.
Process
The property tax rates in Eastland County are set annually, typically in late summer or early fall. The commissioners court and the governing boards of other districts hold public hearings before adopting the tax rates. Property owners are notified of their property values and the tax rates that apply to their properties in the fall, and taxes are due in January of the following year.
Exceptions
Some property owners may be eligible for exemptions, such as homestead exemptions for primary residences and exemptions for disabled veterans. These exemptions may lower the amount of property taxes owed. Property owners should contact the Eastland County Appraisal District for more information on exemptions and how to apply.
Homestead exemptions in Eastland County ?
To better understand the different Homestead exemptions and deductions available in Eastland County, Texas, a table with four columns can be created: exemption, eligibility, amount, and notes. This will allow for an organized and easy-to-read breakdown of the available options.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | Must own and occupy the property as their principal residence on January 1st of the tax year | $25,000 | Not available on rental properties |
| Over 65 or Disabled Person Exemption | Must be over 65 years old or totally and permanently disabled | $10,000 | Not available on rental properties |
| Disabled Veteran Homestead Exemption | Must have a service-connected disability rating of 10% or higher | Up to $100,000 | Available to surviving spouses |
| Surviving Spouse of First Responder Killed in the Line of Duty | Must be the surviving spouse of a first responder killed in the line of duty | Exemption of the total appraised value | Expires when spouse remarries or no longer occupies the property |
| Disabled Veteran's Additional Exemption | Must have a service-connected disability rating of 100% | Additional 50% reduction in appraised value | Not available on rental properties |
It is important to note that these exemptions and deductions apply only to Eastland County in Texas and may vary in other counties or states. It is also recommended to consult with a tax professional or the county appraisal district for more information on eligibility and specific application procedures.
When is Eastland County Property Tax due ?
Eastland County Property Tax Due Dates and Payment Methods
Property taxes are a significant source of income for local governments in the United States, including Eastland County. The due date for property taxes in Eastland County usually falls on January 31st of each year. However, if January 31st falls on a weekend or holiday, the deadline will be extended to the next business day.
Eastland County offers several payment methods for property taxes, including:
- Online: Residents can pay their property taxes online using a credit or debit card. The online payment system is available 24/7 and can be accessed through the Eastland County Tax Assessor-Collector's website.
- Mail: Property tax payments can be mailed to the Eastland County Tax Assessor-Collector's office. The mailing address is provided on the tax bill.
- In-person: Residents can pay their property taxes in person at the Eastland County Tax Assessor-Collector's office. The office is located at 100 W. Main Street, Eastland, TX 76448.
It is essential to note that failing to pay property taxes on time can result in penalties and interest charges. Therefore, residents are encouraged to pay their property taxes in full and on time. Additionally, residents may be eligible for property tax exemptions or discounts, depending on their circumstances. To learn more about property tax exemptions in Eastland County, residents can contact the Eastland County Tax Assessor-Collector's office.
If you have more questions - contact your local tax collector.
How is Eastland County Property Tax penalty calculated ?
Eastland County Property Tax Penalty Calculation:
The penalty for unpaid Eastland County Property Taxes is calculated based on the delinquency date. The penalty is calculated as a percentage of the outstanding taxes due.
The table below shows the penalty rates for delinquent taxes in Eastland County:
| Delinquency Date | Penalty Rate |
|---|---|
| February 1st | 6% |
| March 1st | 7% |
| April 1st | 8% |
| May 1st | 9% |
| June 1st | 10% |
| July 1st | 12% |
For example, if a property owner owes $2,000 in property taxes and fails to pay by the delinquency date of March 1st, the penalty rate will be 7%. The penalty amount would be calculated as follows:
Penalty Amount = Outstanding Taxes Due x Penalty Rate Penalty Amount = $2,000 x 7% Penalty Amount = $140
Therefore, the total amount due for the delinquent property taxes would be $2,140 ($2,000 + $140 penalty).
It is important for property owners to pay their property taxes on time to avoid penalties and interest charges. Property owners can also contact the Eastland County Tax Office for more information on payment options and deadlines.
We recommend contacting the Eastland County Tax Office or a local tax professional for the most up-to-date and accurate information.