Winnsboro, Franklin County, Texas Property Taxes

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

Median Winnsboro, TX effective property tax rate: 1.41%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Winnsboro, TX home value: $138,140
Median annual Winnsboro, TX tax bill: $1,706, $694 lower than the national median property tax bill of $2,400.

How are property taxes in Franklin County calculated?

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

Last Updated March 1, 2025

Winnsboro, Franklin County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.41%

Estimate Property Tax Bill

$1,948

$1,807

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

Property Tax Rates Across Winnsboro, Franklin County, Texas

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget annually 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 Winnsboro, located in Franklin County, Texas, the effective property tax rate is 1.41%. This rate is notably above the national median property tax rate of 1.02%. When comparing it to other areas within Texas, Winnsboro stands out with its higher rate. Understanding these rates is crucial for property owners as it impacts the annual tax bill, which is a significant consideration in property ownership. For residents in Winnsboro, the property tax rate is a reflection of the local government's budgetary needs and the value of properties in the area. This comparison highlights the importance of being informed about local property tax rates, as they can significantly affect financial planning and property investment decisions.

Property Tax Rates Across Winnsboro, Franklin County, Texas

Source: Ownwell

0.81%

1.12%

1.44%

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 Winnsboro Tax Rate

1.41%

Median Effective Franklin County Tax Rate

1.44%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Winnsboro, Franklin County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75494	0.75%	0.99%	1.41%	1.44%	1.97%

Source: Ownwell

Property Tax Assessment Values Across Winnsboro, Franklin County, Texas

When examining property taxes in Winnsboro, 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 Franklin 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. Assessment notices: In Franklin 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 Winnsboro. For example, the median home price in Winnsboro is $138,140, with tax bills ranging significantly across the county. 75494 has the highest median home price at $138,140.

Property Tax Assessment Values Across Winnsboro, Franklin County, Texas

Source: Ownwell

$48,175

$199,910

$351,645

Median Winnsboro Market Value

$138,140

Median Franklin County Market Value

$201,820

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Winnsboro, Franklin County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75494	$17,680	$66,248	$138,140	$239,578	$464,700

Source: Ownwell

Property Tax Bills Across Winnsboro, Franklin County, Texas

In Winnsboro, located in Franklin County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. With a median home price of $138,140, homeowners in this region might expect varying tax bills depending on their property's assessed value. For instance, while some may pay around $781 at the 25th percentile, others could see bills as high as $4,854 at the 90th percentile. This range can significantly impact homeowners, especially when compared to the national median property tax bill of $2,400. Ownwell offers valuable assistance by helping homeowners appeal their property tax assessments, potentially lowering their tax bills. Through expert analysis and representation, Ownwell ensures that homeowners are not overpaying, providing peace of mind and potential savings.

Property Tax Bills Across Winnsboro, Franklin County, Texas

Source: Ownwell

$483

$2,427

$4,371

Median Winnsboro Tax Bill

$1,706

Median Franklin County Tax Bill

$2,446

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Winnsboro, Franklin County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75494	$236	$781	$1,706	$3,135	$4,854

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
Franklin Appraisal District
Website	esearch.franklin-cad.org