Stephenville, Erath County, Texas Property Taxes
Median Stephenville, TX effective property tax rate: 1.47%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Stephenville, TX home value: $222,400
Median annual Stephenville, TX tax bill: $3,335, $935 higher than the national median property tax bill of $2,400.
How are property taxes in Erath County calculated?
Property taxes in Stephenville, 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 Stephenville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stephenville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Stephenville, Erath County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.47%
Estimate Property Tax Bill
$3,269
$3,034
Property Tax Rates Across Stephenville, Erath 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 Stephenville Tax Rate
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 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 Stephenville, Erath County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76401 | 1.05% | 1.24% | 1.47% | 1.77% | 1.77% |
Source: Ownwell
Property Tax Assessment Values Across Stephenville, Erath County, Texas
When examining property taxes in Stephenville, 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 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 Stephenville. For example, the median home price in Stephenville is $222,400, with tax bills ranging significantly across the county. Zip code 76401 has the highest median home price at $222,400.
Property Tax Assessment Values Across Stephenville, Erath County, Texas
Source: Ownwell
$145,125
$422,258
$699,390
Median Stephenville Market Value
$222,400
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 Stephenville, Erath County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76401 | $45,918 | $125,995 | $222,400 | $354,535 | $578,256 |
Source: Ownwell
Property Tax Bills Across Stephenville, Erath County, Texas
In Stephenville, located in Erath County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and is a percentage of the property's market value. Once the assessed value is established, the tax rate is applied to calculate the property tax bill. In this region, homeowners face a median tax bill of $3,335, notably higher than the national median property tax bill of $2,400. Factors influencing these tax bills include property size, location, and market conditions. High property taxes can significantly impact homeowners, potentially leading to financial strain.
Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing your property’s assessment, Ownwell identifies potential inaccuracies or overvaluations and assists in appealing to reduce your tax bill. This service can lead to substantial savings, easing the financial burden on homeowners. Trust Ownwell to navigate the complexities of property taxes and help you achieve a fair tax bill.
Median Stephenville Tax Bill
$3,335
Median Erath County Tax Bill
$3,131
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Stephenville, Erath County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76401 | $642 | $1,757 | $3,335 | $4,877 | $7,001 |
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 |