Richards, Grimes County, Texas Property Taxes
Median Richards, 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 Richards, TX home value: $59,095
Median annual Richards, TX tax bill: $888, $1,512 lower than the national median property tax bill of $2,400.
How are property taxes in Grimes County calculated?
Property taxes in Richards, 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 Richards’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Richards, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Richards, Grimes County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.37%
Estimate Property Tax Bill
$810
$751
Property Tax Rates Across Richards, Grimes County, Texas
Local government entities set tax rates, and these can vary significantly within a state. This variation occurs because each county annually determines the budget needed to provide essential services and then divides this amount by the total value of all taxable properties within its jurisdiction. This calculation establishes the property tax rate. Though votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Richards, located in Grimes County, the effective property tax rate is 1.37%, which is notably higher than the national median of 1.02%. This rate is consistent across Grimes County, with no significant variation in the highest and lowest median tax rates, both recorded at 1.37%. When compared to other cities in Texas, Richards' rate is relatively high, reflecting the county's budgetary needs and property values. Understanding these rates can aid property owners in managing their tax responsibilities and seeking potential appeals or exemptions.
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 Richards 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 Grimes County Tax Rate
1.58%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Richards, Grimes County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77873 | 1.28% | 1.28% | 1.37% | 1.45% | 1.59% |
Source: Ownwell
Property Tax Assessment Values Across Richards, Grimes County, Texas
When examining property taxes in Richards, 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 Grimes 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 Grimes 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 Richards. For example, the median home price in Richards is $59,095, with tax bills ranging significantly across the county. ZIP code 77873 has the highest median home price at $59,095.
Property Tax Assessment Values Across Richards, Grimes County, Texas
Source: Ownwell
$22,725
$219,405
$416,085
Median Richards Market Value
$59,095
Median Grimes County Market Value
$49,760
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Richards, Grimes County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77873 | $3,500 | $13,828 | $59,095 | $136,912 | $290,034 |
Source: Ownwell
Property Tax Bills Across Richards, Grimes County, Texas
In Richards, located in Grimes County, TX, property tax bills are determined by the assessed value of a home, which is calculated based on the market value. The tax rate is applied to this assessed value to determine the tax bill. For homeowners in Richards, the tax bill can vary significantly, with the 25th percentile at $196 and the 90th percentile reaching $4047, reflecting the wide range of property values within the area. The median home price stands at $59,095, which influences the overall tax burden. Despite the national median property tax rate being 1.02%, local rates can differ, affecting how much homeowners ultimately pay.
Ownwell offers valuable assistance to homeowners in Richards by providing property tax appeal and exemption services. By analyzing your property’s assessed value and comparing it with similar properties, Ownwell identifies opportunities for tax savings. This can lead to a substantial reduction in property tax bills, ensuring homeowners are not overpaying and are taking advantage of all available exemptions.
Median Richards Tax Bill
$888
Median Grimes County Tax Bill
$808
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Richards, Grimes County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77873 | $45 | $196 | $888 | $1,944 | $4,047 |
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 | |
|---|---|
| Grimes Appraisal District | |
| Website | grimescad.org |