Texas County Property Taxes
The median property tax rate in Texas County is 0.70%, which is significantly lower than both the national median of 0.99% and the Missouri state median of 1.20%. With a median home value of $74,330 in Texas County, the typical annual property tax bill is approximately $521, well below the national median of $2,690. Property taxes in Texas County are calculated based on the assessed value, which often falls below the actual market value due to various property tax exemptions such as those for primary residences and agricultural properties. Understanding Texas County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Houston or another part of Texas County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Texas County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.7%
Estimate Property Tax Bill
$520
Ownwell’s Texas County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Texas County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Texas County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Texas County, Missouri
Property taxes in Texas County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Texas County is 0.70%, which is lower than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Texas County set these rates annually, and they can vary significantly between different areas within the county. Each year, Texas County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, Raymondville has one of the higher property tax rates in Missouri at 0.80%, while the city of Beulah boasts one of the lowest at 0.60%. Analyzing how Texas County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Texas County Tax Rate
0.70%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Texas County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bendavis | 0.59% | 0.60% | 0.61% | 0.62% | 0.63% |
| Beulah | 0.45% | 0.59% | 0.60% | 0.63% | 0.63% |
| Bucyrus | 0.57% | 0.61% | 0.69% | 0.75% | 0.78% |
| Cabool | 0.65% | 0.70% | 0.74% | 0.89% | 0.90% |
| Edgar Springs | 0.50% | 0.60% | 0.61% | 0.62% | 0.63% |
| Elk Creek | 0.59% | 0.65% | 0.69% | 0.73% | 0.76% |
| Eunice | 0.63% | 0.66% | 0.68% | 0.72% | 0.82% |
| Graff | 0.55% | 0.61% | 0.68% | 0.76% | 0.80% |
| Hartshorn | 0.60% | 0.65% | 0.68% | 0.70% | 0.74% |
| Houston | 0.69% | 0.74% | 0.77% | 0.82% | 0.82% |
| Huggins | 0.57% | 0.60% | 0.63% | 0.65% | 0.74% |
| Licking | 0.57% | 0.61% | 0.63% | 0.70% | 0.71% |
| Mountain Grove | 0.59% | 0.63% | 0.66% | 0.70% | 0.74% |
| Mountain View | 0.65% | 0.73% | 0.78% | 0.81% | 0.82% |
| Plato | 0.58% | 0.63% | 0.64% | 0.64% | 0.67% |
| Raymondville | 0.71% | 0.77% | 0.80% | 0.88% | 0.89% |
| Roby | 0.58% | 0.62% | 0.63% | 0.64% | 0.69% |
| Salem | 0.54% | 0.58% | 0.60% | 0.75% | 0.78% |
| Solo | 0.68% | 0.72% | 0.74% | 0.77% | 0.81% |
| Success | 0.57% | 0.60% | 0.62% | 0.64% | 0.67% |
| Summersville | 0.62% | 0.66% | 0.70% | 0.82% | 0.83% |
| Willow Springs | 0.57% | 0.63% | 0.66% | 0.68% | 0.71% |
| Yukon | 0.62% | 0.66% | 0.68% | 0.77% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Texas County, Missouri
In Texas County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Texas County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Texas County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Texas County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. The city with the highest median tax bill is Plato at $702, while Eunice has the lowest at $311.
Average Texas County Assessed Value
$74,330
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Texas County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bendavis | $60,468 | $64,275 | $70,620 | $81,180 | $87,516 |
| Beulah | $36,712 | $52,760 | $72,970 | $106,610 | $134,564 |
| Bucyrus | $27,140 | $45,832 | $76,495 | $118,165 | $167,026 |
| Cabool | $27,520 | $41,945 | $69,130 | $109,060 | $159,795 |
| Edgar Springs | $16,676 | $39,050 | $72,030 | $117,820 | $133,336 |
| Elk Creek | $24,840 | $36,182 | $58,525 | $101,360 | $142,226 |
| Eunice | $14,444 | $25,470 | $47,880 | $75,050 | $107,464 |
| Graff | $32,133 | $41,608 | $56,915 | $101,828 | $141,484 |
| Hartshorn | $17,120 | $27,315 | $49,940 | $83,255 | $132,834 |
| Houston | $31,576 | $49,768 | $78,905 | $116,898 | $168,117 |
| Huggins | $28,428 | $40,352 | $67,815 | $110,810 | $163,208 |
| Licking | $23,878 | $40,720 | $72,640 | $118,060 | $175,658 |
| Mountain Grove | $28,688 | $49,752 | $90,275 | $139,572 | $196,210 |
| Mountain View | $26,316 | $40,360 | $62,180 | $108,730 | $164,334 |
| Plato | $36,418 | $65,560 | $111,050 | $147,430 | $183,486 |
| Raymondville | $18,312 | $33,600 | $63,990 | $103,460 | $155,486 |
| Roby | $22,863 | $43,040 | $67,390 | $118,385 | $142,429 |
| Salem | $66,378 | $73,980 | $93,460 | $123,090 | $156,210 |
| Solo | $23,390 | $44,030 | $74,300 | $128,670 | $161,210 |
| Success | $28,056 | $43,250 | $78,220 | $110,690 | $163,196 |
| Summersville | $19,907 | $35,538 | $62,800 | $105,152 | $158,490 |
| Willow Springs | $21,380 | $35,650 | $62,140 | $99,145 | $152,932 |
| Yukon | $28,576 | $43,760 | $73,050 | $121,885 | $174,202 |
Source: Ownwell
Property Tax Bills Across Texas County, Missouri
In Texas County, MO, property tax bills are determined based on the assessed value of a property, which is a percentage of its market value. The county's median home price stands at $74,330. Property tax rates are applied to this assessed value to calculate the annual tax bill. For homeowners, this means that the tax bill can vary significantly depending on the value of their property and the specific tax rate applied. The tax bill is influenced by several factors, including the property's location within the county. For example, the median tax bill in Plato is the highest at $702, while Eunice has the lowest median tax bill at $311. Generally, the tax bills range widely, with the 25th percentile at $307 and the 90th percentile reaching $1,137. This variability can have a substantial impact on homeowners, affecting their annual expenses and potentially influencing their decisions on property investments. Compared to the national median property tax rate of 0.99%, Texas County's rates reflect a localized approach to property taxation.
Average Texas County Tax Bill
$521
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Texas County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bendavis | $379 | $392 | $413 | $486 | $530 |
| Beulah | $183 | $321 | $369 | $525 | $817 |
| Bucyrus | $187 | $306 | $507 | $792 | $1,154 |
| Cabool | $215 | $331 | $537 | $834 | $1,161 |
| Edgar Springs | $103 | $246 | $447 | $721 | $808 |
| Elk Creek | $167 | $243 | $398 | $689 | $938 |
| Eunice | $101 | $199 | $311 | $512 | $688 |
| Graff | $264 | $331 | $377 | $597 | $1,051 |
| Hartshorn | $114 | $181 | $335 | $545 | $843 |
| Houston | $246 | $388 | $604 | $888 | $1,241 |
| Huggins | $173 | $260 | $441 | $698 | $1,018 |
| Licking | $155 | $260 | $459 | $727 | $1,049 |
| Mountain Grove | $188 | $317 | $577 | $902 | $1,248 |
| Mountain View | $218 | $295 | $479 | $829 | $1,274 |
| Plato | $230 | $415 | $702 | $917 | $1,161 |
| Raymondville | $155 | $285 | $507 | $793 | $1,180 |
| Roby | $167 | $275 | $441 | $743 | $850 |
| Salem | $459 | $545 | $700 | $708 | $932 |
| Solo | $188 | $337 | $546 | $947 | $1,177 |
| Success | $177 | $282 | $463 | $695 | $978 |
| Summersville | $152 | $260 | $447 | $729 | $1,053 |
| Willow Springs | $145 | $225 | $391 | $630 | $988 |
| Yukon | $199 | $306 | $504 | $804 | $1,122 |
Source: Ownwell