Rockwall County Property Taxes

The median property tax rate in Rockwall County is 1.49%, which is significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Rockwall County, the typical annual property tax bill reaches $6,357, which exceeds the national median of $2,690. Property taxes in Rockwall County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Rockwall 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 Rockwall or another part of Rockwall County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.

Last Updated June 14, 2024

Rockwall County Property Tax Bill Calculator

Property Assessed Value

$100,000

$2,500,000

$5,000,000

Average Tax Rate

1.67%

Estimate Property Tax Bill

$3,340

$2,192

$1,148

Average Rockwall County Tax Savings

Ownwell’s Rockwall Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Rockwall with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Rockwall to project your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also demonstrates how Ownwell can assist in reducing property taxes in Rockwall. To explore trends on a more localized level, scroll down to access detailed city-specific information. Your property's assessed value is determined by the county and includes any applicable exemptions, providing a comprehensive view for property tax calculations.

Property Tax Rates Across Rockwall County, Texas

Property taxes in Rockwall County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Rockwall County is 1.49%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Rockwall County set these rates annually, and they can vary significantly between different areas within the county. Each year, Rockwall 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, Royse City has one of the higher property tax rates in Texas at 1.75%, while the city of Terrell boasts one of the lowest at 1.11%. Analyzing how Rockwall County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.

Property Tax Rates Across Rockwall County, Texas

Source: Ownwell

1.11%

1.81%

2.50%

Average Rockwall County Tax Rate

1.49%

Average Texas Tax Rate

1.67%

Average United States Tax Rate

0.99%

Property Tax Rates Across Rockwall County, Texas

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Fate	1.32%	1.45%	1.56%	1.80%	2.11%
Forney	1.21%	1.26%	1.46%	1.57%	1.57%
Heath	1.10%	1.28%	1.43%	1.57%	1.57%
Josephine	1.70%	1.70%	1.70%	1.70%	1.70%
Mclendon Chisholm	N/A	N/A	N/A	N/A	N/A
Mclendon-chisholm	N/A	N/A	N/A	N/A	N/A
Mclendon Chisolm	N/A	N/A	N/A	N/A	N/A
Rockwall	1.12%	1.23%	1.34%	1.57%	1.57%
Rowlett	1.44%	1.50%	1.61%	2.01%	2.01%
Royse City	1.18%	1.50%	1.75%	2.12%	2.12%
Terrell	1.00%	1.05%	1.11%	1.21%	1.30%
Wylie	1.09%	1.30%	1.53%	1.83%	1.83%

Source: Ownwell

Property Tax Assessment Values Across Rockwall County, Texas

In Rockwall 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 Rockwall 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 Rockwall 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. For instance, Heath has the highest median tax bill at $11,907, while Terrell has the lowest at $3,956. Being aware of these valuation processes in Rockwall County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.

Property Tax Assessment Values Across Rockwall County, Texas

Source: Ownwell

$329,186

$1,739,342

$3,149,497

Average Rockwall County Assessed Value

$416,497

Average Texas Assessed Value

$247,950

Average United States Assessed Value

$244,900

Property Tax Assessment Values Across Rockwall County, Texas

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Fate	$305,332	$342,298	$382,350	$426,200	$481,810
Forney	$453,214	$498,979	$652,656	$770,690	$1,024,790
Heath	$304,881	$630,913	$825,166	$1,189,849	$1,819,926
Josephine	$501,842	$501,842	$501,842	$501,842	$501,842
Mclendon Chisholm	N/A	N/A	N/A	N/A	N/A
Mclendon-chisholm	N/A	N/A	N/A	N/A	N/A
Mclendon Chisolm	N/A	N/A	N/A	N/A	N/A
Rockwall	$267,130	$372,275	$472,338	$621,393	$837,144
Rowlett	$288,405	$317,669	$383,470	$450,945	$566,570
Royse City	$139,460	$265,013	$349,633	$417,886	$532,423
Terrell	$137,448	$259,476	$330,280	$452,079	$525,864
Wylie	$31,951	$140,215	$329,186	$377,064	$452,780

Source: Ownwell

Property Tax Bills Across Rockwall County, Texas

In Rockwall County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $416,497, homeowners can expect a tax bill ranging from $5,041 at the 25th percentile to $10,466 at the 90th percentile. The city of Heath has the highest median tax bill at $11,907, while Terrell has the lowest at $3,956. These tax bills can significantly impact homeowners, making it crucial to ensure accuracy in assessments. Ownwell assists homeowners by providing property tax appeal and exemption services, potentially lowering their tax bills. By analyzing the assessed value and comparing it to market trends, Ownwell identifies discrepancies and files appeals on behalf of the homeowner. This process can lead to substantial savings, easing the financial burden of high property taxes. With expert guidance, homeowners can navigate the complexities of property tax appeals and secure fair assessments.

Property Tax Bills Across Rockwall County, Texas

Source: Ownwell

$3,956

$26,630

$49,304

Average Rockwall County Tax Bill

$6,357

Average Texas Tax Bill

$3,971

Average United States Tax Bill

$2,690

Property Tax Bills Across Rockwall County, Texas

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Fate	$4,675	$5,457	$6,225	$7,214	$8,367
Forney	$5,940	$7,354	$8,892	$10,969	$13,388
Heath	$3,720	$8,571	$11,907	$15,758	$25,970
Josephine	$8,522	$8,522	$8,522	$8,522	$8,522
Mclendon Chisholm	N/A	N/A	N/A	N/A	N/A
Mclendon-chisholm	N/A	N/A	N/A	N/A	N/A
Mclendon Chisolm	N/A	N/A	N/A	N/A	N/A
Rockwall	$3,538	$4,973	$6,519	$8,715	$11,473
Rowlett	$4,610	$5,410	$6,384	$7,682	$9,966
Royse City	$1,708	$4,746	$6,113	$7,773	$9,177
Terrell	$1,446	$3,065	$3,956	$5,139	$5,545
Wylie	$545	$1,408	$5,125	$6,196	$7,203

Source: Ownwell

Want to lower your Rockwall County property taxes?

Looking to reduce your Rockwall property taxes? Ownwell is the leading property tax protest company serving Rockwall. We specialize in helping property owners in the Rockwall area and beyond lower their taxes by working directly with the Rockwall Appraisal District. Through our tax monitoring service, we collect all necessary information to maximize your tax reductions. We navigate the complexities of the Rockwall property tax protest process and identify all available property tax exemptions so you don’t have to. Whether you are a homeowner, a real estate investor, or an asset manager, our local team at Ownwell has the expertise to assess your current property tax situation and identify strategic opportunities for reducing your tax burden. By managing the protest process from beginning to end, we not only simplify the procedure but also increase your chances of obtaining a favorable result. Let Ownwell be your trusted partner in lowering your Rockwall property tax expenses through our proven strategies and expert advocacy.

Property Tax Protests in Texas

The property tax protest process in Rockwall County, TX, provides homeowners with the opportunity to appeal their property tax assessments if they believe they are inaccurate. Homeowners can initiate an appeal by filing a protest with the Rockwall County Appraisal District. The appeal must be filed by May 15th or within 30 days of receiving the notice of assessed value, whichever is later. Once the protest is filed, the homeowner will receive a notice of the hearing date. The hearing is conducted by the Rockwall County Appraisal Review Board (ARB), an independent panel that listens to property tax disputes. During the hearing, homeowners can present evidence to support their claim that the assessed value of their property is too high. This evidence can include recent sales data of comparable properties, independent appraisals, or evidence of any discrepancies in the property assessment. The ARB will review the evidence presented by both the homeowner and the appraisal district. After considering all the information, the ARB will make a decision on whether to adjust the assessed value of the property. If the ARB decides in favor of the homeowner, the property tax bill will be adjusted accordingly, potentially leading to significant savings. Ownwell can assist homeowners throughout this process by providing expert guidance and support. Our team of property tax consultants will help gather the necessary evidence, prepare a compelling case, and represent homeowners during the ARB hearing. By leveraging our expertise, homeowners can increase their chances of a successful appeal and ensure they are not overpaying on their property taxes.

Exemptions in Texas

In Rockwall County, Texas, homeowners have access to several property tax exemption programs designed to reduce their tax burden. The most common exemption is the homestead exemption, which is available to homeowners who use their property as their primary residence. This exemption can significantly lower the assessed value of the home, thereby reducing the property tax owed. Another important exemption is the over-65 exemption, which provides additional tax relief for senior citizens. Homeowners who are 65 years or older can qualify for this exemption, which further reduces the taxable value of their property. Additionally, disabled individuals may be eligible for a disability exemption, offering similar benefits to those provided to seniors. For veterans, Rockwall County offers a disabled veteran exemption. This exemption is available to veterans with a service-related disability and can greatly reduce or even eliminate property taxes, depending on the level of disability. To apply for these exemptions, homeowners must submit the appropriate forms to the Rockwall County Appraisal District. The application process typically requires proof of eligibility, such as age or disability documentation, and proof of primary residence. Ownwell can assist homeowners in navigating these exemption programs, ensuring that all necessary paperwork is correctly completed and submitted on time. By leveraging Ownwell’s expertise, homeowners can maximize their savings and reduce their property tax burden effectively.

Available Exemptions