El Paso Property Tax - break down (Carrollton, Socorro: how much, new home)

[Muhnay]

My house is valued at $85,664 dollars.

So we do the math like this..

860 X ( your home value )
each tax figure
---------------
What you pay in that tax

G01 El Paso County
0.360267

=$310.00

IEP El Paso ISD
1.203500

=$1035.01

CEP El Paso
0.671097

=$577.14

SCC El Paso Co Community College Dist
0.111967

=$96.30

SHO R. E. Thomason General Hospital Dis
0.172281

=$148.16

The Total in Taxes for my house would be with out any exemptions =$2166.61

WOW!

FIND OUT WHAT YOU OWE:
http://www.elpasocad.org/mainsearch.php?mode=address

[BunBoHue]

Mine was triple that in Carrollton, TX but then I had higher property valuation. In the end you still have to pay it, but that doesn't mean we can't complain about it

[adelicateimage]

Originally Posted by Muhnay

My house is valued at $85,664 dollars.

So we do the math like this..

860 X ( your home value )
each tax figure
---------------

thank you


this is the kinda info im looking for.

next year im planning to move to Texas, some nice homes, but i need to look at the job economy too, lol

[adelicateimage]

Muhnay,

what do you get for "SCC El Paso Co Community College Dist" tax?

ISD IS FOR SCHOOLS

IEP El Paso ISD IS IEP FOR SPECIAL EDUCATION?

WHAT A HOMESTEAD EXEMPTION? CAN EVERYONE CLAIM THIS?

THANKS FOR THE DETAILED BREAKDOWN.

[Muhnay]

I did not include any exemptions.. I do believe that if you live in your house full time you can take the homestead exemption. I am not sure what the percentage or amount is.. but this link may help answer those questions.

El Paso County Appraisal District property tax Appaisal District El Paso County

Your welcome.

I want to note that my house is an old house that was willed to me when my grandmother passed. It is 960 square feet home.. most new homes in El Paso are in the 150-250 thousand price range.. so consider that.. also I am on the N.E. in the EPISD school dist.. the cheapest of the 3 taxed base.. Socorro pays the highest. Most of the East side where many of the new homes are fall in that school dist. But for fun just see what the tax rate would be on a $200,000 home at the rates I gave. Also note that the home values here are still going up .94% I think it is? Someone will correct me on that I am sure.

City Offers Information on How New General Homestead Exemption Will be Administered

With the approval and announcement of the new general homestead exemption being offered by the City of El Paso entity, city officials would like to advise property tax payers of what they need to do in order to receive the exemption.

Eligible property owners who have already applied at the Central Appraisal District to receive the existing County of El Paso's homestead exemption and their respective school district's homestead exemption DO NOT NEED TO RESUBMIT AN APPLICATION FOR THE CITY'S NEW GENERAL HOMESTEAD EXEMPTION. The exemption will automatically be included with the others in their October 2007 property tax bill.

Individuals who HAVE NOT previously applied for either of the existing County or School District homestead exemptions SHOULD SUBMIT AN APPLICATION at the Central Appraisal District to receive the County and School district exemptions, as well as the City's.

The new .1% general exemption that was approved at yesterday's City Council meeting means the average, eligible taxpayer will see a $5,000 reduction in the portion of their home's appraised value that is taxed by the City.

[br7or13]

Holy Shnikeys. That's a lot to be financing graft and corruption for which EP local gov't is [in]famous.

[alliswell]

Truly, considering where I moved from and where I could have ended up besides EP, I'm not complaining. It could be worse. Would be nice if they were lower, don't get me wrong! But I know oh so well that it could be a lot worse. It would help in accepting how much we pay, the way it is, a little more if I felt as if those tax dollars were being efficiently, responsibily used and dilligently looked after -- I don't have confidence that they have been in the past nor will they be any time soon.

[1979]

I have a question related to this? What happens if you bought your house in 2006 when the market was high. The buyer is required to pay 3% of the total price of the house in taxes (ouch!). Does this tax only apply at the time of the sale? Or is this "sale price" considered the new home value ongoing? For example, when a neighborhood gets re-evaluated, are the taxes of the house you bought in 2006 the same as your neighbor who has the same exact house, but only he purchased his house back in 1988? Are the two houses taxed relatively the same if they are identical, but purchased at different times in the market?

[HookTheBrotherUp]

Originally Posted by 1979

I have a question related to this? What happens if you bought your house in 2006 when the market was high. The buyer is required to pay 3% of the total price of the house in taxes (ouch!). Does this tax only apply at the time of the sale? Or is this "sale price" considered the new home value ongoing? For example, when a neighborhood gets re-evaluated, are the taxes of the house you bought in 2006 the same as your neighbor who has the same exact house, but only he purchased his house back in 1988? Are the two houses taxed relatively the same if they are identical, but purchased at different times in the market?

On your first point, you pay the value at the time of sale. On your second point, you pay an amount that is based on the value that the appraisal authority considers to be the value of your home, irregardless of the value of your neighbors' homes. Don't expect anything, the authority usually does not care about market trends, only what they consider is the value. 'Funny how it always seems to trend up, never down.

[danieloneil01]

Originally Posted by Muhnay

My house is valued at $85,664 dollars.

So we do the math like this..

860 X ( your home value )
each tax figure
---------------
What you pay in that tax

G01 El Paso County
0.360267

=$310.00

IEP El Paso ISD
1.203500

=$1035.01

CEP El Paso
0.671097

=$577.14

SCC El Paso Co Community College Dist
0.111967

=$96.30

SHO R. E. Thomason General Hospital Dis
0.172281

=$148.16

The Total in Taxes for my house would be with out any exemptions =$2166.61

WOW!

FIND OUT WHAT YOU OWE:
TaxNetUSA: El Paso Central Appraisal District Tax Roll Search

Wow as in you think that's alot or that, that's good? Because I paid 3x that in Dickinson, Tx with a house less than twice what your is worth. My house is probably worth 125-135k in this **** market.