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Pharr, Hidalgo County, Texas Property Taxes

  • Median Pharr, TX effective property tax rate: 2.18%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.

  • Median Pharr, TX home value: $131,236

  • Median annual Pharr, TX tax bill: $2,511, $111 higher than the national median property tax bill of $2,400.

How are property taxes in Hidalgo County calculated?

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

Last Updated March 1, 2025

Pharr, Hidalgo County, Texas Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.18%

Estimate Property Tax Bill

$2,861

$2,655

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Pharr Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Pharr with just two data points. By entering your property's estimated assessed value, our calculator applies Pharr’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 more 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 Hidalgo County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Pharr, Hidalgo County, Texas

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Pharr, located in Hidalgo County, Texas, has a median property tax rate of 2.18%, which stands significantly higher than the national median property tax rate of 1.02%. This high rate reflects the local government's budgetary needs and the total assessed value of properties in the area. When compared to the national median property tax bill of $2,400, Pharr's property owners might find themselves paying considerably more, depending on the value of their property. Understanding these rates is crucial for property owners, as they directly impact annual tax liabilities. By staying informed, property owners in Pharr can make educated decisions about their investments and explore potential savings through appeals or exemptions.

Property Tax Rates Across Pharr, Hidalgo County, Texas

Source: Ownwell

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0.90%

1.54%

2.18%

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 Pharr Tax Rate

2.18%

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 Hidalgo County Tax Rate

1.87%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Pharr, Hidalgo County, Texas

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
785771.44%1.66%2.18%2.68%2.68%

Source: Ownwell

Property Tax Assessment Values Across Pharr, Hidalgo County, Texas

When examining property taxes in Pharr, 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 Hidalgo 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 Hidalgo 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 Pharr. For example, the median home price in Pharr is $131,236, with tax bills ranging significantly across the county. Zip code 78577 has the highest median home price at $131,236.

Property Tax Assessment Values Across Pharr, Hidalgo County, Texas

Source: Ownwell

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$51,629

$143,603

$235,576

Median Pharr Market Value

$131,236

Median Hidalgo County Market Value

$144,588

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Pharr, Hidalgo County, Texas

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
78577$52,087$81,644$131,236$194,179$287,911

Source: Ownwell

Property Tax Bills Across Pharr, Hidalgo County, Texas

In Pharr, Hidalgo County, TX, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is often derived from the market value of the property, which is determined by the county appraisal district. Factors such as location, size, and improvements influence the market value. In Pharr, the median home price stands at $131,236, with tax bills ranging from $1,341 at the 25th percentile to $6,673 at the 90th percentile. The highest and lowest median tax bills in the area are both $2,511, reflecting a consistent tax burden across different neighborhoods. This amount is slightly above the national median property tax bill of $2,400. High property tax bills can significantly impact homeowners, straining finances and affecting affordability. Ownwell helps homeowners by providing property tax appeal and exemption services, potentially reducing the tax burden. By analyzing property assessments and identifying discrepancies, Ownwell can assist in lowering tax bills, offering financial relief to homeowners.

Property Tax Bills Across Pharr, Hidalgo County, Texas

Source: Ownwell

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$529

$2,452

$4,375

Median Pharr Tax Bill

$2,511

Median Hidalgo County Tax Bill

$2,285

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Pharr, Hidalgo County, Texas

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
78577$807$1,341$2,511$4,201$6,673

Source: Ownwell

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