Texarkana, Bowie County, Texas Property Taxes

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

Median Texarkana, TX effective property tax rate: 2.05%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%. Median Texarkana, TX home value: $131,086. Median annual Texarkana, TX tax bill: $2,426, $26 higher than the national median property tax bill of $2,400.

How are property taxes in Bowie calculated?

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

Last Updated March 1, 2025

Texarkana, Bowie County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.05%

Estimate Property Tax Bill

$2,687

$2,494

Ownwell’s Texarkana Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Texarkana with just two data points. By entering your property's estimated assessed value, our calculator applies Texarkana’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 Texarkana, Bowie 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. 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.

Texarkana, located in Bowie County, has an effective property tax rate that provides a unique perspective when compared to other cities in Texas and the U.S. With a median property tax rate of 2.05%, Texarkana stands above the national median property tax rate of 1.02%. Within Texarkana, the highest median tax rate can be found in the 75599 zip code at 2.37%, while the lowest is in the 75501 zip code at 1.49%. These figures highlight the diversity in property tax rates within a single city, reflecting the broader variations seen across the state and the nation. Understanding these differences is crucial for property owners aiming to manage their tax liabilities effectively.

Property Tax Rates Across Texarkana, 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 Texarkana Tax Rate

2.05%

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 Texarkana, Bowie County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75501	1.28%	1.47%	1.49%	2.24%	2.37%
75503	1.58%	1.74%	2.16%	2.25%	2.37%
75504	N/A	N/A	N/A	N/A	N/A
75599	1.35%	1.94%	2.37%	2.37%	2.37%

Source: Ownwell

Property Tax Assessment Values Across Texarkana, Bowie County, Texas

When examining property taxes in Texarkana, 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 Texarkana.

For example, the median home price in Texarkana is $131,086, with tax bills ranging significantly across the county. Zip code 75503 has the highest median home price at $207,570.

Property Tax Assessment Values Across Texarkana, Bowie County, Texas

Source: Ownwell

$21,536

$114,553

$207,570

Median Texarkana Market Value

$131,086

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 Texarkana, Bowie County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75501	$13,437	$31,794	$81,262	$155,604	$275,374
75503	$58,882	$127,932	$207,570	$311,688	$452,737
75504	N/A	N/A	N/A	N/A	N/A
75599	$6,274	$12,623	$21,536	$38,644	$120,958

Source: Ownwell

Property Tax Bills Across Texarkana, Bowie County, Texas

In Texarkana, located in Bowie County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $131,086, homeowners in Texarkana can expect varying tax bills depending on their property's assessed value and the specific tax rate applicable to their area. For instance, the 25th percentile tax bill is $975, while the 75th percentile reaches $4,432, and the 90th percentile climbs to $6,838. These figures illustrate the range of tax burdens homeowners may face. The highest median tax bill in the area is $4,238 in the 75503 zip code, while the lowest is $423 in the 75599 zip code. Homeowners can benefit from Ownwell's expertise in property tax appeals and exemptions, potentially reducing their tax bills by ensuring their property's assessed value is fair and accurate, ultimately saving them money.

Property Tax Bills Across Texarkana, Bowie County, Texas

Source: Ownwell

$423

$2,331

$4,238

Median Texarkana Tax Bill

$2,426

Median Bowie County Tax Bill

$2,049

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Texarkana, Bowie County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75501	$252	$608	$1,446	$2,565	$4,037
75503	$1,217	$2,692	$4,238	$6,311	$8,918
75504	N/A	N/A	N/A	N/A	N/A
75599	$115	$291	$423	$915	$1,745

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