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Wallis, Fort Bend County, Texas Property Taxes

  • Median Wallis, TX effective property tax rate: 1.30%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.

  • Median Wallis, TX home value: $248,105

  • Median annual Wallis, TX tax bill: $2,078, $322 lower than the national median property tax bill of $2,400.

How are property taxes in Fort Bend calculated?

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

Last Updated March 1, 2025

Wallis, Fort Bend County, Texas Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.3%

Estimate Property Tax Bill

$3,225

$2,993

SAVE WITH OWNWELL

$1,102

Average Tax Savings

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

Property Tax Rates Across Wallis, Fort Bend County, Texas

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

Wallis in Fort Bend County, Texas, exemplifies this variability in property tax rates. Wallis’s effective property tax rate stands at 1.30%, aligning with the highest and lowest median rates in the area. This rate is notably higher than the national median property tax rate of 1.02%. Residents in Wallis also face property tax bills that reflect this elevated rate, surpassing the national median property tax bill of $2,400.

Comparing Wallis’s property tax rate to other cities in Texas and the national median highlights the significant impact of local government decisions on property taxation. Understanding these variations is crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Wallis, Fort Bend County, Texas

Source: Ownwell

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0.82%

1.66%

2.50%

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 Wallis Tax Rate

1.30%

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 Fort Bend County Tax Rate

1.87%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wallis, Fort Bend County, Texas

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
774850.41%0.83%1.30%1.48%1.88%

Source: Ownwell

Property Tax Assessment Values Across Wallis, Fort Bend County, Texas

When examining property taxes in Wallis, Texas, 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 Fort Bend 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 Fort Bend 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 Wallis. For example, the median home price in Wallis is $248,105, with tax bills ranging significantly across the county. ZIP code 77485 has the highest median home price at $248,105.

Property Tax Assessment Values Across Wallis, Fort Bend County, Texas

Source: Ownwell

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$46,795

$349,684

$652,573

Median Wallis Market Value

$248,105

Median Fort Bend County Market Value

$380,524

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wallis, Fort Bend County, Texas

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
77485$52,412$106,450$248,105$420,138$561,260

Source: Ownwell

Property Tax Bills Across Wallis, Fort Bend County, Texas

In Wallis, located in Fort Bend 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, set by various taxing entities such as school districts and city governments, is then applied to this assessed value. Homeowners in Wallis face a median property tax bill significantly higher than the national median, with the highest and lowest median tax bills both at $2,078 in the 77485 zip code. With a median home price of $248,105, the tax burden can be substantial for many residents.

Ownwell can assist homeowners by evaluating their property tax assessments and filing appeals if their property is over-assessed. By leveraging expert knowledge and local market data, Ownwell helps ensure that homeowners are not paying more than their fair share. This can lead to significant savings, especially for those in the higher tax brackets, where bills can reach up to $6,783. With Ownwell's support, homeowners can navigate the property tax system more effectively and reduce their financial burden.

Property Tax Bills Across Wallis, Fort Bend County, Texas

Source: Ownwell

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$498

$5,818

$11,137

Median Wallis Tax Bill

$2,078

Median Fort Bend County Tax Bill

$6,713

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Wallis, Fort Bend County, Texas

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
77485$167$838$2,078$4,496$6,783

Source: Ownwell

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