Blue Ridge, Fannin County, Texas Property Taxes
Median BLUE RIDGE, TX effective property tax rate: 1.37%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median BLUE RIDGE, TX home value: $384,780
Median annual BLUE RIDGE, TX tax bill: $5,399, $2,999 higher than the national median property tax bill of $2,400.
How are property taxes in Fannin calculated?
Property taxes in BLUE RIDGE, 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 BLUE RIDGE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in BLUE RIDGE, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Blue Ridge, Fannin County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.37%
Estimate Property Tax Bill
$5,271
$4,892
Property Tax Rates Across Blue Ridge, Fannin County, Texas
Local government entities set tax rates, which can vary widely within a state. This variation is due to the annual process where 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.
In Blue Ridge, located in Fannin County, Texas, the effective property tax rate stands at 1.37%. This rate aligns with both the highest and lowest median tax rates in the area, showcasing a consistent approach across the region. Compared to the national median property tax rate of 1.02%, Blue Ridge's rate is notably higher. This can lead to higher property tax bills for homeowners in the area. However, when compared to the national median property tax bill of $2400, the impact on individual taxpayers will depend on the assessed value of their property. Understanding these rates is crucial for homeowners seeking to manage their property tax liabilities effectively.
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 Blue Ridge Tax Rate
1.37%
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 Fannin County Tax Rate
1.33%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Blue Ridge, Fannin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75424 | 0.71% | 0.93% | 1.37% | 1.66% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Blue Ridge, Fannin County, Texas
When examining property taxes in Blue Ridge, 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 trends. The Fannin 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. This assessed value is the figure used to calculate your property taxes by multiplying it with your tax rate to get your tax bill.
In Fannin County, assessment notices are sent in the spring each year, typically reaching 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 Blue Ridge. For example, the median home price in Blue Ridge is $384,780, with tax bills ranging significantly across the county. Zip code 75424 has the highest median home price at $384,780.
Property Tax Assessment Values Across Blue Ridge, Fannin County, Texas
Source: Ownwell
$79,905
$232,343
$384,780
Median Blue Ridge Market Value
$384,780
Median Fannin County Market Value
$196,430
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Blue Ridge, Fannin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75424 | $124,012 | $245,550 | $384,780 | $566,930 | $719,588 |
Source: Ownwell
Property Tax Bills Across Blue Ridge, Fannin County, Texas
Median Blue Ridge Tax Bill
$5,399
Median Fannin County Tax Bill
$2,400
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Blue Ridge, Fannin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75424 | $1,106 | $2,016 | $5,399 | $7,117 | $9,333 |
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 | |
|---|---|
| Fannin Appraisal District | |
| Website | esearch.fannincad.org |