Olden, Eastland County, Texas Property Taxes
Median Olden, TX effective property tax rate: 1.29%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Olden, TX home value: $71,420
Median annual Olden, TX tax bill: $924, $1,476 lower than the national median property tax bill of $2,400.
How are property taxes in Eastland County calculated?
Property taxes in Olden, 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 Olden’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Olden, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Olden, Eastland County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.29%
Estimate Property Tax Bill
$921
$855
Property Tax Rates Across Olden, Eastland County, Texas
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 Olden Tax Rate
1.29%
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 Eastland County Tax Rate
1.80%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Olden, Eastland County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76466 | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% |
Source: Ownwell
Property Tax Assessment Values Across Olden, Eastland County, Texas
When examining property taxes in Olden, 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 Eastland 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 Eastland 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 Olden.
For example, the median home price in Olden is $71,420, with tax bills ranging significantly across the county. Zip code 76466 has the highest median home price at $71,420.
Property Tax Assessment Values Across Olden, Eastland County, Texas
Source: Ownwell
$49,750
$84,850
$119,950
Median Olden Market Value
$71,420
Median Eastland County Market Value
$83,990
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Olden, Eastland County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76466 | $9,746 | $33,785 | $71,420 | $106,715 | $213,314 |
Source: Ownwell
Property Tax Bills Across Olden, Eastland County, Texas
In Olden, Eastland County, Texas, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price here is $71,420, and tax rates are applied to this assessed value to calculate the tax bill. Homeowners in Olden can expect a median tax bill of $924, which is below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $437 and the 90th percentile reaching up to $2,759. These variations depend on factors such as property location, improvements, and exemptions applied.
High property taxes can be a burden for homeowners, but this is where Ownwell's expertise comes in. By providing property tax appeal and exemption services, Ownwell helps homeowners potentially lower their tax bills. With a deep understanding of local tax regulations, Ownwell assists in ensuring that properties are fairly assessed, potentially leading to significant savings. This service can be invaluable in managing the financial impact of property taxes.
Median Olden Tax Bill
$924
Median Eastland County Tax Bill
$1,311
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Olden, Eastland County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76466 | $126 | $437 | $924 | $1,380 | $2,759 |
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 | |
|---|---|
| Eastland Appraisal District | |
| Website | www.eastlandcad.org |