Home
/US Property Taxes
/Texas
/Bell County
/Troy

Troy, Bell County, Texas Property Taxes

  • Median Troy, TX effective property tax rate: 1.28%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.

  • Median Troy, TX home value: $232,434

  • Median annual Troy, TX tax bill: $2,305, $95 lower than the national median property tax bill of $2,400.

How are property taxes in Bell calculated?

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

Last Updated March 1, 2025

Troy, Bell County, Texas Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.28%

Estimate Property Tax Bill

$2,975

$2,761

SAVE WITH OWNWELL

$1,102

Average Tax Savings

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

Property Tax Rates Across Troy, Bell County, Texas

Local government entities set tax rates, which can vary widely within a state. This is because 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.

In Troy, Bell County, Texas, the effective property tax rate is 1.28%. This rate is higher than the national median property tax rate of 1.02%, which means residents in Troy may find themselves paying more in property taxes compared to the average American homeowner. However, this rate aligns with the median property tax rate for Texas, indicating a consistent approach across the state. Understanding these rates is crucial for homeowners seeking to manage their property tax liabilities effectively. By comparing Troy's property tax rate with other cities in Texas and the U.S. median, residents can gain insight into their tax obligations and explore potential appeal and exemption opportunities.

Property Tax Rates Across Troy, Bell County, Texas

Source: Ownwell

Loading...

0.35%

1.34%

2.34%

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 Troy Tax Rate

1.28%

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 Bell County Tax Rate

1.62%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Troy, Bell County, Texas

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
765790.37%0.95%1.28%1.65%1.72%

Source: Ownwell

Property Tax Assessment Values Across Troy, Bell County, Texas

When examining property taxes in Troy, 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 Bell 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 Bell 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 Troy.

For example, the median home price in Troy is $232,434, with tax bills ranging significantly across the county. Zip code 76579 has the highest median home price at $232,434.

Property Tax Assessment Values Across Troy, Bell County, Texas

Source: Ownwell

Loading...

$49,707

$281,927

$514,147

Median Troy Market Value

$232,434

Median Bell County Market Value

$246,375

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Troy, Bell County, Texas

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
76579$50,107$119,050$232,434$278,510$384,574

Source: Ownwell

Property Tax Bills Across Troy, Bell County, Texas

In Troy, located in Bell County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The median home price in this region is $232,434, and homeowners can expect a property tax bill around $2,305. This figure is notably close to the national median property tax bill of $2,400. However, tax bills can vary significantly depending on the specific assessed value and applicable tax rates. For instance, while some homeowners in Troy might pay as little as $709, others could see bills as high as $4,956. These variations emphasize the importance of understanding the factors that influence tax bills, such as property size, location, and improvements. Ownwell can assist homeowners by evaluating their property assessments and identifying potential discrepancies. By filing appeals and seeking exemptions where applicable, Ownwell helps clients potentially reduce their tax burden, ensuring they pay only their fair share. This service can lead to significant savings on property tax bills.

Property Tax Bills Across Troy, Bell County, Texas

Source: Ownwell

Loading...

$220

$3,293

$6,365

Median Troy Tax Bill

$2,305

Median Bell County Tax Bill

$3,358

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Troy, Bell County, Texas

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
76579$123$709$2,305$3,771$4,956

Source: Ownwell

Don't miss the deadline to protest!