Gun Barrel City, Henderson County, Texas Property Taxes

Name: Property Tax Bills Across Gun Barrel City, Henderson County, Texas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Gun Barrel City, TX effective property tax rate: 1.22%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Gun Barrel City, TX home value: $175,753
Median annual Gun Barrel City, TX tax bill: $1,434, $966 lower than the national median property tax bill of $2,400.

How are property taxes in Henderson County calculated?

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

Last Updated March 1, 2025

Gun Barrel City, Henderson County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.22%

Estimate Property Tax Bill

$2,144

$1,990

Ownwell’s Gun Barrel City Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gun Barrel City with just two data points.

By entering your property's estimated assessed value, our calculator applies Gun Barrel City’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 Henderson County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Gun Barrel City, Henderson County, Texas

Local government entities are responsible for setting property tax rates, which can vary significantly even within the same state. This variation occurs because each county annually estimates its budgetary needs to provide essential services. The county then divides this budget by the total assessed value of all taxable property within its jurisdiction to determine the property tax rate. Although votes and legal frameworks play a role in setting these rates and budgets, this is essentially the process followed each year. In Gun Barrel City, located in Henderson County, the effective property tax rate stands at 1.22%, which is higher than the national median of 1.02%. This rate is consistent across the area, with no significant variation between different zip codes. When compared to the national median property tax bill of $2,400, residents in this region may find their tax obligations to be relatively higher. Understanding these rates can help property owners anticipate their tax liabilities and explore potential avenues for appealing their assessments or seeking exemptions.

Property Tax Rates Across Gun Barrel City, Henderson County, Texas

Source: Ownwell

0.68%

1.27%

1.85%

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 Gun Barrel City Tax Rate

1.22%

Median Effective Henderson County Tax Rate

1.40%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Gun Barrel City, Henderson County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75156	0.18%	0.54%	1.22%	1.55%	1.71%

Source: Ownwell

Property Tax Assessment Values Across Gun Barrel City, Henderson County, Texas

When examining property taxes in Gun Barrel City, 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 Henderson 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 Henderson 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 Gun Barrel City. For example, the median home price in Gun Barrel City is $175,753, with tax bills ranging significantly across the county. Zip code 75156 has the highest median home price at $175,753.

Property Tax Assessment Values Across Gun Barrel City, Henderson County, Texas

Source: Ownwell

$66,336

$287,614

$508,891

Median Gun Barrel City Market Value

$175,753

Median Henderson County Market Value

$139,776

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Gun Barrel City, Henderson County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75156	$19,049	$56,632	$175,753	$328,649	$499,083

Source: Ownwell

Property Tax Bills Across Gun Barrel City, Henderson County, Texas

In Gun Barrel City, TX, located in Henderson County, property tax bills are calculated based on the assessed value of a home, which is determined by the county's appraisal district. The property tax rate is applied to this assessed value, resulting in the annual tax bill. Factors influencing the tax bill include the property's location, size, and market conditions. Homeowners in Gun Barrel City face a median property tax bill of $1,434, which is below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $362 and the 90th percentile reaching $6,093. This variability can present challenges for homeowners trying to budget for their annual expenses.

Ownwell assists homeowners in reducing their property tax bills by providing expert appeal services. By analyzing the assessed value and comparing it to market trends, Ownwell identifies discrepancies that can lead to successful appeals. This service not only helps homeowners save money but also ensures they are paying a fair amount relative to their property's true value.

Property Tax Bills Across Gun Barrel City, Henderson County, Texas

Source: Ownwell

$624

$5,363

$10,101

Median Gun Barrel City Tax Bill

$1,434

Median Henderson County Tax Bill

$1,470

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Gun Barrel City, Henderson County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75156	$93	$362	$1,434	$3,538	$6,093

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
Henderson Appraisal District
Website	esearch.henderson-cad.org