Hedley, Donley County, Texas Property Taxes

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

Median Hedley, 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 Hedley, TX home value: $24,080.
Median annual Hedley, TX tax bill: $464, $1,936 lower than the national median property tax bill of $2,400.

How are property taxes in Donley County calculated?

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

Last Updated March 1, 2025

Hedley, Donley 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

$494

$458

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

Property Tax Rates Across Hedley, Donley County, Texas

Local government entities determine tax rates, leading to significant variation within a state. This occurs because each year, counties calculate their required budget to provide essential services and divide it by the total value of all taxable property in their jurisdiction. This calculation determines the property tax rate. Although votes and laws play roles in setting these rates and budgets, this is the core annual process.

Hedley, located in Donley County, Texas, offers an intriguing case study. The city's effective property tax rate can be compared to other cities within Texas, as well as the median property tax rates in the state and across the U.S. Texas has a median property tax rate of 2.05%, significantly higher than the national median of 1.02%. Consequently, homeowners in Hedley may face higher property tax bills compared to the national average. Understanding these differences is crucial for property owners considering tax appeals or seeking exemptions. By staying informed, property owners can make strategic decisions to potentially reduce their tax burden.

Property Tax Rates Across Hedley, Donley County, Texas

Source: Ownwell

1.83%

2.14%

2.44%

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 Hedley Tax Rate

2.05%

Median Effective Donley County Tax Rate

2.20%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hedley, Donley County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79237	1.10%	1.83%	2.05%	2.05%	2.05%

Source: Ownwell

Property Tax Assessment Values Across Hedley, Donley County, Texas

When examining property taxes in Hedley, 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 Donley 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 Donley County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Hedley. For example, the median home price in Hedley is $24,080, with tax bills ranging significantly across the county. Zip code 79237 has the highest median home price at $24,080.

Property Tax Assessment Values Across Hedley, Donley County, Texas

Source: Ownwell

$24,080

$42,849

$61,617

Median Hedley Market Value

$24,080

Median Donley County Market Value

$35,022

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hedley, Donley County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79237	$3,372	$9,426	$24,080	$51,043	$125,055

Source: Ownwell

Property Tax Bills Across Hedley, Donley County, Texas

In Hedley, located in Donley County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the market value, which is determined by the local appraisal district. Homeowners in Hedley face a median property tax bill of $464, which is significantly lower than the national median of $2400. Factors such as property improvements, neighborhood changes, and local tax rates influence the assessed value and, consequently, the tax bill. With a median home price of $24,080, the tax burden is relatively modest compared to other regions. However, for some homeowners, especially those at the 90th percentile with tax bills reaching $1539, the tax burden can be substantial. Ownwell assists homeowners in Hedley by providing expert property tax appeal services. By ensuring that properties are assessed accurately and identifying potential exemptions, Ownwell helps clients reduce their property tax bills, ensuring they pay only what is fair and equitable.

Property Tax Bills Across Hedley, Donley County, Texas

Source: Ownwell

$464

$695

$926

Median Hedley Tax Bill

$464

Median Donley County Tax Bill

$745

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Hedley, Donley County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79237	$69	$193	$464	$904	$1,539

Source: Ownwell