Iredell, Erath County, Texas Property Taxes

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

Median Iredell, TX effective property tax rate: 1.20%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Iredell, TX home value: $699,390
Median annual Iredell, TX tax bill: $8,066, $5,666 higher than the national median property tax bill of $2,400.

How are property taxes in Erath calculated?

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

Last Updated March 1, 2025

Iredell, Erath County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.2%

Estimate Property Tax Bill

$8,393

$7,788

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

Property Tax Rates Across Iredell, Erath County, Texas

Local government entities set tax rates, which can vary widely within a state. This variation occurs because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Iredell’s effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.

Property Tax Rates Across Iredell, Erath County, Texas

Source: Ownwell

1.07%

1.27%

1.47%

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 Iredell Tax Rate

1.20%

Median Effective Erath County Tax Rate

1.38%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Iredell, Erath County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76649	0.81%	1.02%	1.20%	1.20%	1.20%

Source: Ownwell

Property Tax Assessment Values Across Iredell, Erath County, Texas

When examining property taxes in Iredell, 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 Erath 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 Erath 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 Iredell. For example, the median home price in Iredell is $699,390, with tax bills ranging significantly across the county. Zip code 76649 has the highest median home price at $699,390.

Property Tax Assessment Values Across Iredell, Erath County, Texas

Source: Ownwell

$145,125

$422,258

$699,390

Median Iredell Market Value

$699,390

Median Erath County Market Value

$216,370

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Iredell, Erath County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76649	$226,452	$409,435	$699,390	$826,675	$1,070,318

Source: Ownwell

Property Tax Bills Across Iredell, Erath County, Texas

In Iredell, property tax bills are calculated based on the assessed value of a home, which is determined by the local taxing authority. The median home price in Iredell is $699,390, which significantly impacts the tax bill. Property taxes are levied by multiplying the assessed value by the local tax rate. For many homeowners, this results in substantial tax bills, with the 25th percentile paying around $3,929 and the 75th percentile facing bills as high as $9,352. These figures highlight the financial burden property taxes can place on homeowners, especially compared to the national median property tax bill of $2,400. Ownwell can assist homeowners in reducing their property tax bills by offering expert property tax appeal services. By analyzing the assessed value and ensuring it aligns with the true market value, Ownwell helps homeowners potentially lower their tax liability. This service is crucial for those in Iredell who may be paying more than necessary, providing a path to significant savings.

Property Tax Bills Across Iredell, Erath County, Texas

Source: Ownwell

$2,122

$5,094

$8,066

Median Iredell Tax Bill

$8,066

Median Erath County Tax Bill

$3,131

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Iredell, Erath County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76649	$2,639	$3,929	$8,066	$9,352	$10,586

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
Erath Appraisal District
Website	esearch.erath-cad.com