Redwater, Bowie County, Texas Property Taxes

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

Median Redwater, TX effective property tax rate: 1.65%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Redwater, TX home value: $96,284
Median annual Redwater, TX tax bill: $1,408, $992 lower than the national median property tax bill of $2,400.

How are property taxes in Bowie County calculated?

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

Last Updated March 1, 2025

Redwater, Bowie County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.65%

Estimate Property Tax Bill

$1,589

$1,474

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

Property Tax Rates Across Redwater, Bowie County, Texas

Local government entities set property tax rates, which can vary widely within a state. Each year, counties estimate their required budget to provide services and divide this by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell. In Redwater, located in Bowie County, the effective property tax rate stands out when compared to other cities in Texas. The rate reflects the county’s budgeting needs and the aggregate property value within its borders. Texas, known for its diverse property tax landscape, has a median property tax rate that is higher than the national median of 1.02%. This makes Redwater’s rate particularly noteworthy. When comparing to national figures, Redwater's property tax rate is a key consideration for property owners. Understanding these rates can help property owners make informed decisions about purchasing or appealing property taxes in this region.

Property Tax Rates Across Redwater, Bowie County, Texas

Source: Ownwell

1.28%

1.82%

2.37%

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 Redwater Tax Rate

1.65%

Median Effective Bowie County Tax Rate

1.79%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Redwater, Bowie County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75573	1.27%	1.44%	1.65%	1.65%	1.65%

Source: Ownwell

Property Tax Assessment Values Across Redwater, Bowie County, Texas

When examining property taxes in Redwater, 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 Bowie 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 Bowie 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 Redwater.

For example, the median home price in Redwater is $96,284, with tax bills ranging significantly across the county. 75573 has the highest median home price at $96,284.

Property Tax Assessment Values Across Redwater, Bowie County, Texas

Source: Ownwell

$21,536

$114,553

$207,570

Median Redwater Market Value

$96,284

Median Bowie County Market Value

$119,330

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Redwater, Bowie County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75573	$14,268	$39,761	$96,284	$140,102	$212,041

Source: Ownwell

Property Tax Bills Across Redwater, Bowie County, Texas

In Redwater, Texas, property tax bills are calculated based on the assessed value of a home, with the median home price being $96,284. The tax rate set by local authorities is applied to this assessed value to determine the annual tax bill. Factors such as local government budgets and school district funding needs influence this rate. Homeowners in Redwater can expect property tax bills that vary significantly, with the 25th percentile at $627 and the 90th percentile reaching $3,055. This variance highlights the impact of property value assessments and tax rates on individual tax bills. Compared to the national median property tax bill of $2,400, Redwater's figures illustrate a wide range of potential tax liabilities. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing property assessments and ensuring they are fair and accurate, Ownwell helps homeowners reduce their tax burden, potentially saving them hundreds or even thousands of dollars annually.

Property Tax Bills Across Redwater, Bowie County, Texas

Source: Ownwell

$423

$2,331

$4,238

Median Redwater Tax Bill

$1,408

Median Bowie County Tax Bill

$2,049

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Redwater, Bowie County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75573	$220	$627	$1,408	$2,128	$3,055

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
Bowie Appraisal District
Website	bowieappraisal.com