Odessa, Ector County, Texas Property Taxes

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

Median Odessa, TX effective property tax rate: 1.71%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%. Median Odessa, TX home value: $115,655. Median annual Odessa, TX tax bill: $1,710, $690 lower than the national median property tax bill of $2,400.

How are property taxes in Ector County calculated?

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

Last Updated March 1, 2025

Odessa, Ector County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.71%

Estimate Property Tax Bill

$1,978

$1,835

Ownwell’s Odessa Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Odessa with just two data points.

By entering your property's estimated assessed value, our calculator applies Odessa’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 Ector County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Odessa, Ector County, Texas

Local government entities determine tax rates, which can significantly differ across a state. Each year, counties calculate their necessary budget for services and divide it by the total value of all taxable property within their jurisdiction. This process establishes the property tax rate. Although votes and regulations play a role in setting these rates and budgets, this is the core of the annual procedure. In Odessa, located in Ector County, Texas, the effective property tax rate is a point of interest. When comparing Odessa to other cities in Texas, you'll find that the median property tax rate in the state is 1.71%, which is higher than the national median of 1.02%. Within Odessa, the highest median tax rate is 1.83% in the 79766 zip code, while the lowest is 1.64% in the 79762 zip code. This variance reflects the broader trend of differing tax rates across regions, emphasizing the importance of understanding local tax obligations.

Property Tax Rates Across Odessa, Ector County, Texas

Source: Ownwell

1.64%

1.83%

2.01%

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 Odessa Tax Rate

1.71%

Median Effective Ector County Tax Rate

1.72%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Odessa, Ector County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79761	0.76%	1.22%	1.65%	2.27%	2.35%
79762	1.00%	1.39%	1.64%	2.21%	2.33%
79763	0.65%	1.17%	1.83%	1.94%	2.26%
79764	0.60%	1.11%	1.83%	1.93%	2.22%
79765	1.51%	1.61%	1.67%	2.15%	2.28%
79766	0.64%	1.25%	1.83%	1.83%	1.97%
79741	N/A	N/A	N/A	N/A	N/A
79758	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Odessa, Ector County, Texas

When examining property taxes in Odessa, 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 Ector 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 Ector 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 Odessa.

For example, the median home price in Odessa is $115,655, with tax bills ranging significantly across the county. Zip code 79765 has the highest median home price at $266,468.

Property Tax Assessment Values Across Odessa, Ector County, Texas

Source: Ownwell

$5,434

$135,951

$266,468

Median Odessa Market Value

$115,655

Median Ector County Market Value

$114,531

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Odessa, Ector County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79761	$15,616	$46,766	$112,669	$179,448	$241,699
79762	$79,727	$123,655	$175,806	$246,892	$320,141
79763	$16,358	$33,385	$80,391	$141,328	$213,312
79764	$14,876	$25,921	$55,562	$120,190	$236,094
79765	$159,234	$219,956	$266,468	$316,580	$373,389
79766	$15,232	$25,143	$48,272	$100,302	$250,288
79741	N/A	N/A	N/A	N/A	N/A
79758	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Odessa, Ector County, Texas

In Odessa, located in Ector County, Texas, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The tax rate is applied to this assessed value to calculate the annual tax bill. With a median home price of $115,655, homeowners in Odessa face a range of property tax bills. For instance, the 25th percentile tax bill is $616, while the 75th percentile reaches $3,443, and the 90th percentile peaks at $5,129. Compared to the national median property tax bill of $2,400 and a rate of 1.02%, Odessa's tax bills can be significantly higher, particularly in certain areas. Ownwell offers a valuable service for homeowners by providing expert property tax appeal and exemption services. By leveraging their expertise, homeowners can ensure their property is fairly assessed, potentially leading to reduced tax bills. This can result in substantial savings, easing the financial burden on property owners in Odessa.

Property Tax Bills Across Odessa, Ector County, Texas

Source: Ownwell

$102

$2,364

$4,625

Median Odessa Tax Bill

$1,710

Median Ector County Tax Bill

$1,683

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Odessa, Ector County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79761	$229	$611	$1,663	$2,970	$4,235
79762	$1,064	$1,889	$2,925	$4,295	$5,918
79763	$232	$454	$1,102	$2,175	$3,327
79764	$199	$380	$815	$1,735	$3,198
79765	$2,411	$3,756	$4,625	$5,798	$7,181
79766	$196	$348	$744	$1,467	$3,335
79741	N/A	N/A	N/A	N/A	N/A
79758	N/A	N/A	N/A	N/A	N/A

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
Ector Appraisal District
Website	search.ectorcad.org