Megargel, Archer County, Texas Property Taxes

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

Median Megargel, TX effective property tax rate: 2.28%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Megargel, TX home value: $23,510
Median annual Megargel, TX tax bill: $491, $1,909 lower than the national median property tax bill of $2,400.

How are property taxes in Archer County calculated?

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

Last Updated March 1, 2025

Megargel, Archer County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.28%

Estimate Property Tax Bill

$536

$497

Ownwell’s Megargel Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Megargel with just two data points. By entering your property's estimated assessed value, our calculator applies Megargel’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 Archer County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Megargel, Archer County, Texas

Local government entities are responsible for setting tax rates, which can vary significantly within Texas. This variability arises because each county estimates its required budget annually to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the fundamental annual process.

In Megargel, located in Archer County, the effective property tax rate offers a unique perspective when compared to other cities in Texas, as well as the state and national median property tax rates. Texas, known for its relatively high property tax rates, has a median rate that stands out when compared to the national median of 1.02%. Understanding these differences is crucial for property owners seeking to manage their tax liabilities effectively.

Comparing Megargel’s property tax rate to the broader Texas landscape and national figures can provide valuable insights, helping residents and potential property buyers make informed decisions about their investments. Staying informed about these rates is essential for anyone looking to optimize their property tax strategies.

Property Tax Rates Across Megargel, Archer County, Texas

Source: Ownwell

1.42%

1.86%

2.31%

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 Megargel Tax Rate

2.28%

Median Effective Archer County Tax Rate

1.73%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Megargel, Archer County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76370	1.41%	1.75%	2.28%	2.28%	2.28%

Source: Ownwell

Property Tax Assessment Values Across Megargel, Archer County, Texas

When examining property taxes in Megargel, Texas, 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 Archer 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.

In Archer County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Megargel. For example, the median home price in Megargel is $23,510, with tax bills ranging significantly across the county. Zip code 76370 has the highest median home price at $23,510.

Property Tax Assessment Values Across Megargel, Archer County, Texas

Source: Ownwell

$23,510

$147,170

$270,830

Median Megargel Market Value

$23,510

Median Archer County Market Value

$147,930

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Megargel, Archer County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76370	$3,354	$9,770	$23,510	$48,950	$94,104

Source: Ownwell

Property Tax Bills Across Megargel, Archer County, Texas

In Megargel, located in Archer County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Megargel is $23,510, and property tax rates are applied to this assessed value to determine the annual tax bill. Factors such as local tax rates and the assessed value of the property play a crucial role in determining the final tax bill. Homeowners in Megargel may face a property tax bill as low as $199 at the 25th percentile, while those at the 75th percentile might see bills around $919, and at the 90th percentile, up to $1,478. These figures are considerably lower than the national median property tax bill of $2,400. Ownwell can assist homeowners by reviewing their property assessments and identifying potential inaccuracies. By filing appeals and seeking exemptions, Ownwell helps ensure homeowners aren't overpaying, potentially saving them hundreds of dollars annually on their property tax bills.

Property Tax Bills Across Megargel, Archer County, Texas

Source: Ownwell

$491

$2,514

$4,536

Median Megargel Tax Bill

$491

Median Archer County Tax Bill

$2,292

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Megargel, Archer County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76370	$74	$199	$491	$919	$1,478

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
Archer Appraisal District
Website	www.archercad.org