Tennessee Colony, Anderson County, Texas Property Taxes

Name: Property Tax Bills Across Tennessee Colony, Anderson County, Texas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Tennessee Colony, TX effective property tax rate: 1.09%, slightly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Tennessee Colony, TX home value: $103,481
Median annual Tennessee Colony, TX tax bill: $1,117, $1,283 lower than the national median property tax bill of $2,400.

How are property taxes in Anderson County calculated?

Property taxes in Tennessee Colony, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Tennessee Colony’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tennessee Colony, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Tennessee Colony, Anderson County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.09%

Estimate Property Tax Bill

$1,128

$1,047

Ownwell’s Tennessee Colony Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tennessee Colony with just two data points. By entering your property's estimated assessed value, our calculator applies Tennessee Colony’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Anderson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Tennessee Colony, Anderson County, Texas

Local government entities set property tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates the budget needed to provide services and divides that by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the yearly process.

In Tennessee Colony, located in Anderson County, the effective property tax rate stands at 1.09%. When compared to the national median property tax rate of 1.02%, Tennessee Colony's rate is slightly higher. This indicates that residents may pay more in property taxes than the average American. However, when looking at the median property tax rates across Texas, Tennessee Colony aligns with the state median, reflecting a consistent approach to property taxation within Texas. Understanding these rates can help property owners make informed decisions about their tax obligations and explore potential savings through property tax appeals and exemptions.

Property Tax Rates Across Tennessee Colony, Anderson County, Texas

Source: Ownwell

0.91%

1.56%

2.21%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Tennessee Colony Tax Rate

1.09%

Median Effective Anderson County Tax Rate

1.48%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tennessee Colony, Anderson County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75861	0.43%	0.75%	1.09%	1.24%	1.52%

Source: Ownwell

Property Tax Assessment Values Across Tennessee Colony, Anderson County, Texas

When examining property taxes in Tennessee Colony, TX, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Anderson County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Anderson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Tennessee Colony. For example, the median home price in Tennessee Colony is $103,481, with tax bills ranging significantly across the county. Zip code 75861 has the highest median home price at $103,481.

Property Tax Assessment Values Across Tennessee Colony, Anderson County, Texas

Source: Ownwell

$48,535

$111,663

$174,791

Median Tennessee Colony Market Value

$103,481

Median Anderson County Market Value

$116,310

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Tennessee Colony, Anderson County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75861	$20,541	$44,611	$103,481	$284,300	$537,240

Source: Ownwell

Property Tax Bills Across Tennessee Colony, Anderson County, Texas

In Tennessee Colony, located in Anderson County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $103,481, property taxes can vary significantly across the area. The tax bill for the 25th percentile is $473, while for the 75th percentile, it reaches $2,286, and for the 90th percentile, it can be as high as $4,199. The median tax bill in the 75861 zip code is $1,117, which is below the national median property tax bill of $2,400. Homeowners' tax bills are influenced by factors such as changes in property value and tax rate adjustments by local authorities. This variability can lead to unexpected financial burdens. Ownwell offers valuable services to help homeowners in Tennessee Colony reduce their property tax bills. By providing expert property tax appeal and exemption services, Ownwell ensures homeowners only pay their fair share, potentially saving them hundreds or even thousands of dollars annually.

Property Tax Bills Across Tennessee Colony, Anderson County, Texas

Source: Ownwell

$1,075

$1,563

$2,050

Median Tennessee Colony Tax Bill

$1,117

Median Anderson County Tax Bill

$1,775

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Tennessee Colony, Anderson County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75861	$187	$473	$1,117	$2,286	$4,199

Source: Ownwell

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
Anderson Appraisal District
Website	search.andersoncad.net