Mart, Falls County, Texas Property Taxes

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

Median MART, TX effective property tax rate: 1.14%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median MART, TX home value: $252,265
Median annual MART, TX tax bill: $2,384, $16 lower than the national median property tax bill of $2,400.

How are property taxes in Falls County calculated?

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

Last Updated March 1, 2025

Mart, Falls County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.14%

Estimate Property Tax Bill

$2,876

$2,669

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

Property Tax Rates Across Mart, Falls County, Texas

Local government entities set tax rates, which can vary widely within a state. This is 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, resulting 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.

In MART, located in Falls County, Texas, the effective property tax rate is a reflection of this process. The median property tax rate in Texas is slightly higher than the national median, which is 1.02%. However, MART's property tax rate aligns with the highest and lowest rates in the state, demonstrating a consistency within the region. While MART’s rate is above the national median, it is important to consider the local services and infrastructure that these taxes support. By understanding how these rates are determined and comparing them to broader benchmarks, property owners in MART can better navigate their tax obligations and potentially explore appeal and exemption opportunities to optimize their property tax liabilities.

Property Tax Rates Across Mart, Falls County, Texas

Source: Ownwell

1.14%

2.15%

3.16%

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 Mart Tax Rate

1.14%

Median Effective Falls County Tax Rate

2.22%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mart, Falls County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76664	0.34%	0.60%	1.14%	1.83%	2.19%

Source: Ownwell

Property Tax Assessment Values Across Mart, Falls County, Texas

When examining property taxes in MART, 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 Falls County Central 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 Falls 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 MART. For example, the median home price in MART is $252,265, with tax bills ranging significantly across the county. Zip code 76664 has the highest median home price at $252,265.

Property Tax Assessment Values Across Mart, Falls County, Texas

Source: Ownwell

$34,740

$143,503

$252,265

Median Mart Market Value

$252,265

Median Falls County Market Value

$76,900

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mart, Falls County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76664	$75,997	$129,772	$252,265	$470,542	$749,646

Source: Ownwell

Property Tax Bills Across Mart, Falls County, Texas

In Mart, located in Falls County, TX, 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 $252,265, homeowners in Mart can expect varying tax bills, with the 25th percentile at $1,410 and the 75th percentile reaching $4,410. The tax bill at the 90th percentile can soar to $11,126, reflecting the impact of home value and tax rates on overall expenses. This variability in tax bills can significantly affect homeowners' budgets, especially when compared to the national median property tax rate of 1.02% and a typical bill of $2,400. Ownwell offers a solution by providing expert property tax appeal and exemption services. By analyzing individual property assessments and identifying potential savings, Ownwell helps homeowners reduce their tax liabilities, ensuring they pay only their fair share.

Property Tax Bills Across Mart, Falls County, Texas

Source: Ownwell

$587

$1,923

$3,258

Median Mart Tax Bill

$2,384

Median Falls County Tax Bill

$1,609

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Mart, Falls County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76664	$975	$1,410	$2,384	$4,410	$11,126

Source: Ownwell