Hall County, Texas Property Taxes

Local government entities in Hall County, Texas, set tax rates that can differ significantly from other regions. Annually, each county estimates its budgetary needs to provide essential services and divides this figure by the total value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. While voting and legislation play roles in setting these rates and budgets, this is the core process each year.

In Hall County, the effective property tax rate stands at 2.18%, which is considerably higher than the national median property tax rate of 1.02%. Compared to other counties in Texas, Hall County's rate is among the highest, with Turkey city boasting the highest median tax rate in the county at 2.26%. Conversely, Estelline represents the lower end with a rate of 2.01%. These figures underscore the variability in property tax rates within Texas and highlight the importance of understanding local tax obligations.

In Hall County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and reflects the market value of the property. Homeowners in Hall County face a range of tax bills depending on their property's assessed value. For instance, the tax bill at the 25th percentile is $377, while at the 75th percentile, it rises to $1,552. The 90th percentile sees a tax bill of $2,440, which aligns closely with the national median property tax bill of $2,400.

In Hall County, the median home price is $39,840, leading to a property tax burden that varies significantly across different percentiles. This variation affects homeowners differently, with those in cities like Memphis experiencing the highest median tax bill of $871, while those in Estelline encounter the lowest at $562. Such disparities highlight the importance of understanding local property tax assessments and their impact on overall housing costs.