Parker County Property Taxes
The median property tax rate in Parker County is 1.54%, 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 Parker County at $335,640, the typical annual property tax bill reaches $4,986, exceeding the national median of $2,690. Property taxes in Parker 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 Parker 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 Weatherford or another part of Parker County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Parker County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.54%
Estimate Property Tax Bill
$5,169
$4,782
$1,148
Average Parker County Tax Savings
Ownwell’s Parker County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Parker County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Parker County to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also highlights how Ownwell can help lower property taxes in Parker County. 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 Parker County, Texas
Property taxes in Parker County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Parker County is 1.54%, which is higher than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within Parker County set these rates annually, and they can vary significantly between different areas within the county. Each year, Parker 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. The following data compares Parker County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Paradise has one of the higher property tax rates in Texas at 2.01%, while the city of Boyd boasts one of the lowest at 1.16%. Analyzing how Parker County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Parker County Tax Rate
1.54%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Parker County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aledo | 1.27% | 1.43% | 1.78% | 2.09% | 2.37% |
| Arlington | 1.84% | 1.84% | 1.84% | 1.84% | 1.84% |
| Azle | 0.80% | 1.12% | 1.39% | 1.61% | 1.88% |
| Boyd | 0.65% | 1.02% | 1.16% | 1.44% | 1.44% |
| Brock | 1.01% | 1.26% | 1.76% | 1.84% | 1.84% |
| Cresson | 0.77% | 1.02% | 1.26% | 1.51% | 1.61% |
| Dennis | 0.88% | 1.24% | 1.84% | 1.84% | 1.84% |
| Fort Worth | 1.11% | 1.23% | 1.45% | 1.78% | 1.79% |
| Ft Worth | 1.42% | 1.42% | 1.42% | 1.42% | 1.42% |
| Granbury | 0.39% | 0.69% | 1.61% | 1.61% | 1.61% |
| Hudson Oaks | 1.06% | 1.25% | 1.32% | 1.62% | 1.62% |
| Lipan | 1.06% | 1.30% | 1.46% | 1.84% | 1.84% |
| Millsap | 0.76% | 1.16% | 1.59% | 1.66% | 1.84% |
| Mineral Wells | 0.76% | 1.09% | 1.38% | 1.68% | 1.81% |
| Paluxy | 1.84% | 1.84% | 1.84% | 1.84% | 1.84% |
| Paradise | 2.01% | 2.01% | 2.01% | 2.01% | 2.01% |
| Peaster | 1.68% | 1.69% | 1.71% | 1.73% | 1.74% |
| Perrin | 0.62% | 1.02% | 1.24% | 1.38% | 1.38% |
| Plano | 1.61% | 1.61% | 1.61% | 1.61% | 1.61% |
| Poolville | 0.96% | 1.24% | 1.44% | 1.44% | 1.75% |
| Saginaw | 1.92% | 1.92% | 1.92% | 1.92% | 1.92% |
| Springtown | 0.78% | 1.12% | 1.42% | 1.54% | 1.88% |
| Weatherford | 0.99% | 1.27% | 1.51% | 1.66% | 1.92% |
| Whitt | 0.58% | 0.85% | 1.38% | 1.38% | 1.38% |
| Willow Park | 1.37% | 1.60% | 1.74% | 2.02% | 2.19% |
Source: Ownwell
$1,148
Average Parker County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Parker County, Texas
In Parker 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 Parker 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 Parker 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 example, in Parker County, the city of Paluxy has the highest median tax bill at $10,781, while Granbury has the lowest at $882. Being aware of these valuation processes in Parker County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Parker County Assessed Value
$335,640
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Parker County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aledo | $249,224 | $422,558 | $549,960 | $723,962 | $878,136 |
| Arlington | $570,740 | $570,740 | $570,740 | $570,740 | $570,740 |
| Azle | $110,001 | $210,375 | $317,735 | $504,950 | $636,849 |
| Boyd | $135,536 | $212,620 | $397,640 | $528,920 | $569,526 |
| Brock | $77,720 | $258,330 | $389,060 | $546,290 | $766,140 |
| Cresson | $86,432 | $179,400 | $410,090 | $683,690 | $855,968 |
| Dennis | $168,178 | $233,005 | $341,050 | $377,070 | $398,682 |
| Fort Worth | $189,210 | $392,480 | $587,440 | $797,565 | $1,097,400 |
| Ft Worth | $185,420 | $185,420 | $185,420 | $185,420 | $185,420 |
| Granbury | $25,698 | $53,760 | $82,700 | $138,895 | $200,536 |
| Hudson Oaks | $90,728 | $290,770 | $430,900 | $544,500 | $703,764 |
| Lipan | $206,750 | $391,560 | $561,580 | $684,160 | $816,364 |
| Millsap | $54,616 | $131,842 | $263,045 | $427,430 | $565,176 |
| Mineral Wells | $19,930 | $110,755 | $244,540 | $339,125 | $503,470 |
| Paluxy | $584,980 | $584,980 | $584,980 | $584,980 | $584,980 |
| Paradise | $376,520 | $376,520 | $376,520 | $376,520 | $376,520 |
| Peaster | $242,537 | $249,748 | $261,765 | $273,782 | $280,993 |
| Perrin | $36,010 | $118,150 | $243,990 | $392,340 | $588,012 |
| Plano | $324,830 | $324,830 | $324,830 | $324,830 | $324,830 |
| Poolville | $67,561 | $161,778 | $290,735 | $475,402 | $586,414 |
| Saginaw | $334,890 | $334,890 | $334,890 | $334,890 | $334,890 |
| Springtown | $93,374 | $176,940 | $269,790 | $412,200 | $518,500 |
| Weatherford | $89,656 | $199,432 | $330,420 | $470,155 | $607,160 |
| Whitt | $35,290 | $75,205 | $110,900 | $175,685 | $220,210 |
| Willow Park | $177,838 | $328,492 | $392,630 | $452,095 | $530,065 |
Source: Ownwell
$1,148
Average Parker County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Parker County, Texas
In Parker County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. The median home price in Parker County stands at $335,640. Property tax rates vary, leading to a wide range of tax bills. For instance, homeowners in the 25th percentile pay around $2,384, while those in the 75th percentile face bills of approximately $7,511. At the 90th percentile, tax bills can soar to $10,388. The highest median tax bill in the region reaches $10,781 in Paluxy, whereas Granbury residents enjoy the lowest median tax bill at $882. These property taxes significantly impact homeowners, often representing a substantial portion of annual expenses. Ownwell can assist homeowners in Parker County by appealing their property assessments, ensuring they are fair and accurate. By leveraging expert knowledge and local data, Ownwell helps clients potentially lower their property tax bills, providing financial relief and peace of mind.
Average Parker County Tax Bill
$4,986
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Parker County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aledo | $4,436 | $7,113 | $9,716 | $12,302 | $15,358 |
| Arlington | $10,518 | $10,518 | $10,518 | $10,518 | $10,518 |
| Azle | $1,168 | $2,546 | $4,629 | $6,743 | $8,631 |
| Boyd | $1,239 | $2,324 | $4,959 | $5,913 | $7,016 |
| Brock | $1,211 | $3,723 | $6,246 | $8,362 | $10,687 |
| Cresson | $895 | $1,872 | $5,278 | $8,588 | $11,292 |
| Dennis | $2,369 | $2,467 | $2,632 | $4,458 | $5,555 |
| Fort Worth | $2,329 | $5,756 | $8,323 | $11,292 | $14,157 |
| Ft Worth | $2,632 | $2,632 | $2,632 | $2,632 | $2,632 |
| Granbury | $233 | $384 | $882 | $1,849 | $3,040 |
| Hudson Oaks | $929 | $3,931 | $5,740 | $7,281 | $9,865 |
| Lipan | $2,607 | $5,668 | $8,195 | $10,314 | $12,720 |
| Millsap | $563 | $1,471 | $3,689 | $6,366 | $8,853 |
| Mineral Wells | $254 | $1,087 | $2,855 | $5,135 | $6,593 |
| Paluxy | $10,781 | $10,781 | $10,781 | $10,781 | $10,781 |
| Paradise | $7,558 | $7,558 | $7,558 | $7,558 | $7,558 |
| Peaster | $4,227 | $4,318 | $4,470 | $4,622 | $4,713 |
| Perrin | $448 | $1,218 | $2,739 | $4,674 | $6,996 |
| Plano | $5,236 | $5,236 | $5,236 | $5,236 | $5,236 |
| Poolville | $778 | $2,000 | $4,008 | $6,817 | $8,607 |
| Saginaw | $6,433 | $6,433 | $6,433 | $6,433 | $6,433 |
| Springtown | $976 | $1,999 | $3,826 | $5,586 | $6,913 |
| Weatherford | $1,070 | $2,755 | $4,852 | $6,916 | $9,108 |
| Whitt | $356 | $805 | $1,120 | $1,711 | $2,823 |
| Willow Park | $2,600 | $5,457 | $6,974 | $8,325 | $9,849 |
Source: Ownwell
$1,148
Average Parker County Tax Savings
Save on your property taxes & more with Ownwell.
Want to lower your Parker County property taxes?
Looking to reduce your Parker County property taxes? Ownwell is the leading property tax protest company serving Parker County. We specialize in helping property owners in the Weatherford area and beyond lower their taxes by working directly with the Parker County Appraisal District. Through our tax monitoring service, we collect all necessary information to maximize your tax reductions. We navigate the complexities of the Parker County 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 Parker County property tax expenses through our proven strategies and expert advocacy.
Property Tax Protests in Texas
In Parker County, TX, the property tax protest process provides homeowners with an opportunity to challenge their property tax assessments if they believe they are inaccurate. The first step in the appeal process is to file a Notice of Protest with the Parker County Appraisal District. This must be done by May 15th or within 30 days of receiving the assessment notice, whichever is later. Once the protest is filed, homeowners will be scheduled for a hearing before the Parker County Appraisal Review Board (ARB). During this hearing, homeowners can present evidence to support their claim that their property has been over-assessed. This evidence can include recent sales data of similar properties, independent appraisals, or evidence of discrepancies in the property’s assessed characteristics. The ARB will review the evidence presented by the homeowner and the appraisal district. After considering both sides, the ARB will make a determination. The potential outcomes include a reduction in the assessed value, no change, or in rare cases, an increase in the assessed value if the evidence suggests the initial assessment was too low. Ownwell can significantly aid homeowners throughout this appeal process. By leveraging extensive market data and property analysis, Ownwell can provide compelling evidence to support the case for a lower assessment. Additionally, Ownwell’s experts can represent homeowners during the ARB hearing, ensuring that the argument is presented effectively and professionally. This expert guidance can increase the likelihood of a successful appeal, potentially resulting in substantial tax savings for homeowners.
Exemptions in Texas
In Parker 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 occupy their property as their primary residence as of January 1st of the tax year. This exemption can significantly lower the assessed value of the property, resulting in lower property taxes. Additionally, Parker County offers exemptions for seniors aged 65 and older, as well as for disabled individuals. These exemptions provide further reductions in the assessed value of the property, offering substantial tax relief. Veterans with a service-connected disability may also qualify for specific exemptions, which can vary based on the degree of disability. Applying for these exemptions typically involves submitting an application to the Parker County Appraisal District, along with any required documentation to prove eligibility, such as proof of age, disability status, or veteran status. Ownwell can assist homeowners in navigating these exemption programs to ensure they receive all the benefits they are entitled to. Our team of experts can help identify the appropriate exemptions, guide you through the application process, and ensure all necessary paperwork is correctly filed. By leveraging Ownwell's expertise, homeowners in Parker County can maximize their property tax savings and reduce their overall tax liability.
Available Exemptions
Senior
Disabled
Home Stead
Veteran
Solar/Wind
Non-Profit
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Parker Appraisal District | |
| Website | iswdataclient.azurewebsites.net |
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