Ovalo, Callahan County, Texas Property Taxes

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

Median Ovalo, TX effective property tax rate: 1.07%, slightly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Ovalo, TX home value: $250,365
Median annual Ovalo, TX tax bill: $2,191, $209 lower than the national median property tax bill of $2,400.

How are property taxes in Callahan County calculated?

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

Last Updated March 1, 2025

Ovalo, Callahan County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.07%

Estimate Property Tax Bill

$2,679

$2,486

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

Property Tax Rates Across Ovalo, Callahan County, Texas

Local government entities determine tax rates, which can differ significantly within a state. This is because each county annually estimates the budget it needs to provide services and divides that by the total assessed value of all taxable property in its jurisdiction, resulting in the property tax rate. Although the process involves votes and legal stipulations, this is the core of the annual calculation.

In Ovalo, located in Callahan County, Texas, the effective property tax rate offers an interesting point of comparison. The median property tax rate in Texas is 1.07%, which is slightly above the national median of 1.02%. This indicates that property owners in Texas, including those in Ovalo, might experience higher tax rates compared to the national average. However, individual experiences can vary significantly based on specific county decisions and property assessments.

Comparing this to other cities in Texas and the broader U.S. context provides valuable insight for property owners. Understanding these rates can help property owners in Ovalo plan better for their annual property tax obligations and explore opportunities for appeals or exemptions where applicable.

Property Tax Rates Across Ovalo, Callahan County, Texas

Source: Ownwell

0.95%

1.24%

1.54%

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 Ovalo Tax Rate

1.07%

Median Effective Callahan County Tax Rate

1.46%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Ovalo, Callahan County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79541	0.39%	0.86%	1.07%	1.21%	1.46%

Source: Ownwell

Property Tax Assessment Values Across Ovalo, Callahan County, Texas

When examining property taxes in Ovalo, 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 Callahan 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 Callahan 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 Ovalo.

For example, the median home price in Ovalo is $250,365, with tax bills ranging significantly across the county. Zip code 79541 has the highest median home price at $250,365.

Property Tax Assessment Values Across Ovalo, Callahan County, Texas

Source: Ownwell

$89,680

$170,023

$250,365

Median Ovalo Market Value

$250,365

Median Callahan County Market Value

$107,800

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Ovalo, Callahan County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79541	$110,764	$161,445	$250,365	$398,822	$572,699

Source: Ownwell

Property Tax Bills Across Ovalo, Callahan County, Texas

In Ovalo, located in Callahan County, TX, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value, which in Ovalo is around $250,365. Homeowners in this area face a range of property tax bills, with the 25th percentile at $1,562 and the 75th percentile at $2,777. The median tax bill in the region is $2,191, which is below the national median of $2,400. However, some homeowners may see bills as high as $5,116, especially if their properties are valued in the top 10% of the market. High property taxes can place a significant financial burden on homeowners, making it crucial to ensure your property is not over-assessed. Ownwell can assist homeowners by providing expert property tax appeal services, potentially lowering their tax bills. Through comprehensive analysis and representation, Ownwell helps ensure that homeowners pay only their fair share, leading to significant savings.

Property Tax Bills Across Ovalo, Callahan County, Texas

Source: Ownwell

$923

$1,557

$2,191

Median Ovalo Tax Bill

$2,191

Median Callahan County Tax Bill

$1,364

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Ovalo, Callahan County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79541	$1,102	$1,562	$2,191	$2,777	$5,116

Source: Ownwell