Baylor County, Texas Property Taxes

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

Median Baylor County effective property tax rate: 1.37%, significantly higher than the national median of 1.02%. Median Baylor County home value: $66,610. Median annual Baylor County tax bill: $900, $1,500 lower than the national median property tax bill of $2,400.

How are property taxes in Baylor County calculated?

Property taxes in Baylor County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Seymour or another part of Baylor County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Baylor County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.37%

Estimate Property Tax Bill

$913

$847

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

Property Tax Rates Across Baylor County, Texas

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting 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 Baylor County's effective property tax rate to other counties in Texas or the U.S. median property tax rate. Baylor County's median property tax rate stands at 1.37%, notably higher than the national median of 1.02%. This places a significant tax burden on property owners in the area. Interestingly, both the highest and lowest median tax rates in Baylor County are recorded in Seymour, at 1.37%. In contrast, the national median property tax bill is $2,400, which may differ from what residents in Baylor County experience due to the local tax rate and property values. Understanding these figures can help property owners make informed decisions about appealing their property taxes or seeking exemptions.

Property Tax Rates Across Baylor County, Texas

Source: Ownwell

1.37%

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 Baylor County Tax Rate

1.37%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Baylor County, Texas

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Olney	N/A	N/A	N/A	N/A	N/A
Seymour	0.75%	1.14%	1.37%	1.81%	1.81%

Source: Ownwell

Property Tax Assessment Values Across Baylor County, Texas

When examining property taxes in Baylor County, 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 Baylor 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 Baylor 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 Baylor County.

For example, the median tax bill in Baylor County is $900, with tax bills ranging significantly across the county. Seymour has the highest median home price at $66,610.

Property Tax Assessment Values Across Baylor County, Texas

Source: Ownwell

$66,610

Median Baylor County Market Value

$66,610

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Baylor County, Texas

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Olney	N/A	N/A	N/A	N/A	N/A
Seymour	$6,129	$25,048	$66,610	$134,148	$211,748

Source: Ownwell

Property Tax Bills Across Baylor County, Texas

In Baylor County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. The median home price in this area is $66,610, and the tax rate is applied to this assessed value to calculate the tax bill. Homeowners in Baylor County can expect their tax bills to vary significantly, with the 25th percentile at $446 and the 75th percentile at $1,637. At the 90th percentile, tax bills can reach up to $2,527. Interestingly, Seymour holds both the highest and lowest median tax bills at $900, reflecting a uniformity in tax assessments within this city. Compared to the national median property tax bill of $2,400, Baylor County's taxes are relatively moderate, providing some relief to homeowners. However, these tax bills can still impact household budgets, making it crucial for homeowners to understand how their property taxes are calculated and explore potential exemptions or appeals to reduce their financial burden.

Property Tax Bills Across Baylor County, Texas

Source: Ownwell

$900

Median Baylor County Tax Bill

$900

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Baylor County, Texas

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Olney	N/A	N/A	N/A	N/A	N/A
Seymour	$168	$446	$900	$1,638	$2,527

Source: Ownwell

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Seymour