Murchison, Henderson County, Texas Property Taxes

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

Median Murchison, TX effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, and also lower than the Texas state median of 1.67%.
Median Murchison, TX home value: $140,596
Median annual Murchison, TX tax bill: $1,065, $1,335 lower than the national median property tax bill of $2,400.

How are property taxes in Henderson County calculated?

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

Last Updated March 1, 2025

Murchison, Henderson County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.89%

Estimate Property Tax Bill

$1,251

$1,161

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

By entering your property's estimated assessed value, our calculator applies Murchison’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.

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

Property Tax Rates Across Murchison, Henderson County, Texas

Local government entities are responsible for setting property tax rates, which can differ significantly across regions. This is because each county annually calculates its budget requirements for essential services and divides this by the total value of all taxable properties within its area. This process determines the property tax rate. While there are regulations and votes involved in finalizing these rates and budgets, this is the core of the annual procedure.

In Murchison, located in Henderson County, the effective property tax rate is 0.89%, which is consistent across the region. This figure is slightly below the Texas state median and also falls below the national median property tax rate of 1.02%. The uniformity of the tax rate in Murchison means property owners can expect a predictable annual tax bill. When compared to the national median property tax bill of $2,400, Murchison offers a more affordable option for homeowners. Understanding these rates can help property owners better manage their finances and anticipate future tax obligations.

Property Tax Rates Across Murchison, 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 Murchison Tax Rate

0.89%

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 Murchison, Henderson County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75778	0.23%	0.47%	0.89%	1.46%	1.95%

Source: Ownwell

Property Tax Assessment Values Across Murchison, Henderson County, Texas

When examining property taxes in Murchison, 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 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 Murchison.

For example, the median home price in Murchison is $140,596, with tax bills ranging significantly across the county. Zip code 75778 has the highest median home price at $140,596.

Property Tax Assessment Values Across Murchison, Henderson County, Texas

Source: Ownwell

$66,336

$287,614

$508,891

Median Murchison Market Value

$140,596

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 Murchison, Henderson County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75778	$18,304	$51,957	$140,596	$289,533	$461,593

Source: Ownwell

Property Tax Bills Across Murchison, Henderson County, Texas

In Murchison, located in Henderson County, TX, property tax bills are calculated based on the assessed value of a home. This value is determined by the local appraisal district and reflects the market value of the property. The tax rate is then applied to this assessed value to calculate the total tax bill. Several factors influence the assessed value, including the property's location, size, and condition. Homeowners in Murchison face a median property tax bill of $1,065, significantly lower than the national median of $2,400, offering some relief compared to other regions. However, with tax bills ranging from $350 at the 25th percentile to $4,475 at the 90th percentile, there is considerable variation that can impact homeowners' finances. Ownwell helps homeowners by providing property tax appeal and exemption services, potentially lowering their tax bills. By reviewing property assessments and identifying discrepancies, Ownwell ensures that homeowners pay only their fair share, offering peace of mind and potential savings.

Property Tax Bills Across Murchison, Henderson County, Texas

Source: Ownwell

$624

$5,363

$10,101

Median Murchison Tax Bill

$1,065

Median Henderson County Tax Bill

$1,470

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Murchison, Henderson County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75778	$103	$350	$1,065	$2,357	$4,475

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