Memphis, Donley County, Texas Property Taxes

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

Median Memphis, TX effective property tax rate: 1.56%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%. Median Memphis, TX home value: $56,361. Median annual Memphis, TX tax bill: $428, $1,972 lower than the national median property tax bill of $2,400.

How are property taxes in Donley County calculated?

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

Last Updated March 1, 2025

Memphis, Donley County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.56%

Estimate Property Tax Bill

$879

$816

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

Local government entities are responsible for setting tax rates, which can differ significantly across a state. The reason for this variation is that each county, including Donley County, estimates its annual budget to provide necessary services and divides that by the total assessed value of all taxable properties within its area. This calculation determines the property tax rate. Although votes and laws play a role in establishing these rates and budgets, this process essentially occurs every year.

In Memphis, located in Donley County, the effective property tax rate is a crucial consideration for property owners. With a median property tax rate of 1.56%, Memphis stands out compared to other cities in Texas and the national average. The national median property tax rate is 1.02%, significantly lower than the rate found in Memphis. This higher rate can impact property owners' annual tax bills, making it essential for them to be informed about potential property tax appeal and exemption opportunities. Understanding these differences can help property owners in Memphis make informed decisions about their property tax obligations.

Property Tax Rates Across Memphis, 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 Memphis Tax Rate

1.56%

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 Memphis, Donley County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79245	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Memphis, Donley County, Texas

When examining property taxes in Memphis, 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 Memphis.

For example, the median home price in Memphis is $56,361, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Memphis, Donley County, Texas

Source: Ownwell

$24,080

$42,849

$61,617

Median Memphis Market Value

$56,361

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 Memphis, Donley County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79245	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Memphis, Donley County, Texas

In Memphis, located in Donley County, TX, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $56,361. Tax bills can vary significantly, with the 25th percentile at $224 and the 75th percentile reaching $654, indicating a wide range of tax liabilities depending on the specific property and its valuation. The 90th percentile tax bill is $790, reflecting the upper tier of property tax obligations in the area. These tax bills are influenced by local tax rates and the assessed value of a property. High property taxes can be a burden for homeowners, impacting their overall financial stability. This is where Ownwell can make a difference. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax liabilities, ensuring they pay only their fair share. Through personalized consultation and strategic appeals, homeowners can achieve significant savings on their property tax bills.

Property Tax Bills Across Memphis, Donley County, Texas

Source: Ownwell

$464

$695

$926

Median Memphis Tax Bill

$428

Median Donley County Tax Bill

$745

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Memphis, Donley County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79245	N/A	N/A	N/A	N/A	N/A

Source: Ownwell