Muleshoe, Bailey County, Texas Property Taxes

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

Median Muleshoe, TX effective property tax rate: 2.99%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Muleshoe, TX home value: $46,784
Median annual Muleshoe, TX tax bill: $1,315, $1,085 lower than the national median property tax bill of $2,400.

How are property taxes in Bailey County calculated?

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

Last Updated March 1, 2025

Muleshoe, Bailey County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.99%

Estimate Property Tax Bill

$1,399

$1,298

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

Property Tax Rates Across Muleshoe, Bailey County, Texas

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Muleshoe’s effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S. Muleshoe, located in Bailey County, has a median property tax rate of 2.99%, which is notably higher than the national median of 1.02%. This indicates that property owners in Muleshoe contribute a larger share of their property’s assessed value towards taxes compared to the average American homeowner. Within Texas, Muleshoe's property tax rate is among the highest, reflecting the county's budgetary needs and property values. Understanding these rates is crucial for property owners seeking to manage their tax liabilities effectively.

Property Tax Rates Across Muleshoe, Bailey County, Texas

Source: Ownwell

1.74%

2.37%

2.99%

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 Muleshoe Tax Rate

2.99%

Median Effective Bailey County Tax Rate

2.99%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Muleshoe, Bailey County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79347	2.27%	2.63%	2.99%	2.99%	2.99%

Source: Ownwell

Property Tax Assessment Values Across Muleshoe, Bailey County, Texas

When examining property taxes in Muleshoe, 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 Bailey 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 Bailey 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 Muleshoe.

For example, the median home price in Muleshoe is $46,784, with tax bills ranging significantly across the county. Zip code 79347 has the highest median home price at $46,784.

Property Tax Assessment Values Across Muleshoe, Bailey County, Texas

Source: Ownwell

$46,784

$61,904

$77,024

Median Muleshoe Market Value

$46,784

Median Bailey County Market Value

$46,929

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Muleshoe, Bailey County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79347	$9,192	$19,853	$46,784	$84,987	$132,604

Source: Ownwell

Property Tax Bills Across Muleshoe, Bailey County, Texas

In Muleshoe, located in Bailey 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 Muleshoe is $46,784, and the tax rate applied to this value influences the final tax bill. Homeowners in Muleshoe can expect their property tax bills to vary significantly, with the 25th percentile at $535 and the 75th percentile reaching up to $2,345. The 90th percentile tax bill can go as high as $3,723. These variations highlight the impact of property assessments and tax rates on homeowners' finances. Compared to the national median property tax bill of $2,400, Muleshoe's tax bills can be either below or above this figure depending on the specific property. Homeowners can benefit from Ownwell's expertise in property tax appeals and exemptions. By leveraging local knowledge and industry experience, Ownwell helps homeowners identify potential savings and reduce their property tax burdens, ensuring they only pay their fair share.

Property Tax Bills Across Muleshoe, Bailey County, Texas

Source: Ownwell

$1,315

$1,323

$1,331

Median Muleshoe Tax Bill

$1,315

Median Bailey County Tax Bill

$1,293

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Muleshoe, Bailey County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79347	$254	$535	$1,315	$2,345	$3,723

Source: Ownwell