Streetman, Freestone County, Texas Property Taxes
Median Streetman, TX effective property tax rate: 1.05%, slightly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Streetman, TX home value: $147,682
Median annual Streetman, TX tax bill: $1,337, $1,063 lower than the national median property tax bill of $2,400.
How are property taxes in Freestone County calculated?
Property taxes in Streetman, 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 Streetman’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Streetman, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Streetman, Freestone County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.05%
Estimate Property Tax Bill
$1,551
$1,439
Property Tax Rates Across Streetman, Freestone County, Texas
Local government entities determine tax rates, which can differ significantly across a state. Each year, a county calculates its necessary budget to fund services and divides that by the total value of all taxable property within its area. This process yields the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is essentially the annual procedure.
In STREETMAN, located in Freestone County, TX, the effective property tax rate is worth noting. When compared to other cities in Texas, STREETMAN’s rate offers a unique perspective. The median property tax rate in Texas is 1.05%, slightly above the national median of 1.02%. This comparison highlights how STREETMAN’s tax rate aligns with state and national trends.
Understanding these rates can help property owners make informed decisions about appealing their property taxes or seeking exemptions. By being aware of how STREETMAN’s property tax rate compares to broader benchmarks, residents can better navigate the intricacies of property taxation and potentially reduce their tax burden.
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 Streetman Tax Rate
1.05%
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 Freestone County Tax Rate
1.02%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Streetman, Freestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75859 | 0.22% | 0.56% | 1.05% | 1.31% | 1.57% |
Source: Ownwell
Property Tax Assessment Values Across Streetman, Freestone County, Texas
When examining property taxes in Streetman, 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 Freestone 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 Freestone 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 Streetman. For example, the median home price in Streetman is $147,682, with tax bills ranging significantly across the county. The zip code 75859 has the highest median home price at $147,682.
Property Tax Assessment Values Across Streetman, Freestone County, Texas
Source: Ownwell
$96,597
$122,140
$147,682
Median Streetman Market Value
$147,682
Median Freestone County Market Value
$117,090
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Streetman, Freestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75859 | $20,460 | $63,953 | $147,682 | $393,680 | $780,046 |
Source: Ownwell
Property Tax Bills Across Streetman, Freestone County, Texas
In Streetman, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value, and local taxing authorities set the rates. In Freestone County, the median property tax bill is $1,337, significantly lower than the national median of $2,400. However, tax bills can vary widely, with some homeowners paying as little as $421 or as much as $8,120, depending on their property's assessed value and exemptions.
Factors such as location, property type, and available exemptions influence the tax bill. High property taxes can significantly impact homeowners, often resulting in financial strain. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing property assessments and market data, Ownwell ensures that homeowners are not overpaying. Their expertise in navigating the tax appeal process can lead to substantial reductions in tax bills, providing much-needed relief to homeowners in Streetman.
Median Streetman Tax Bill
$1,337
Median Freestone County Tax Bill
$1,013
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Streetman, Freestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75859 | $102 | $421 | $1,337 | $3,631 | $8,120 |
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 | |
|---|---|
| Freestone Appraisal District | |
| Website | propertysearch.freestonecad.org |