Mertzon, Irion County, Texas Property Taxes

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

Median Mertzon, TX effective property tax rate: 1.90%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%. Median Mertzon, TX home value: $79,205. Median annual Mertzon, TX tax bill: $1,215, $1,185 lower than the national median property tax bill of $2,400.

How are property taxes in Irion County calculated?

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

Last Updated March 1, 2025

Mertzon, Irion County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.9%

Estimate Property Tax Bill

$1,505

$1,397

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

By entering your property's estimated assessed value, our calculator applies Mertzon’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 Irion County.

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

Property Tax Rates Across Mertzon, Irion County, Texas

Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate their budgetary needs for providing services and divide that by the total value of taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and legislation play a role in setting these rates and budgets, this is the essence of the annual process.

In Mertzon, located in Irion County, the effective property tax rate is notably higher than both the state and national averages. The median property tax rate in Mertzon stands at 1.90%, which is significantly above the national median of 1.02%. This places Mertzon among the higher tax rate areas within Texas, where property tax rates can vary widely.

For homeowners in Mertzon, this means a larger portion of their property’s assessed value goes towards taxes compared to many other regions. Understanding these rates is crucial for property owners aiming to manage their tax liabilities effectively. By comparing Mertzon’s rates with those of other cities in Texas and the U.S., property owners can gain valuable insights into their tax responsibilities.

Property Tax Rates Across Mertzon, Irion County, Texas

Source: Ownwell

1.15%

1.52%

1.90%

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 Mertzon Tax Rate

1.90%

Median Effective Irion County Tax Rate

1.44%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mertzon, Irion County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76941	0.91%	1.15%	1.90%	1.90%	1.90%

Source: Ownwell

Property Tax Assessment Values Across Mertzon, Irion County, Texas

When examining property taxes in Mertzon, 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 Irion 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 Irion 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 Mertzon. For example, the median home price in Mertzon is $79,205, with tax bills ranging significantly across the county. Zip code 76941 has the highest median home price at $79,205.

Property Tax Assessment Values Across Mertzon, Irion County, Texas

Source: Ownwell

$30,810

$76,645

$122,480

Median Mertzon Market Value

$79,205

Median Irion County Market Value

$74,965

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mertzon, Irion County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76941	$9,290	$25,210	$79,205	$155,030	$260,069

Source: Ownwell

Property Tax Bills Across Mertzon, Irion County, Texas

In Mertzon, located in Irion County, TX, property tax bills are determined by the assessed value of a home, which is derived from the market value set by the county appraisal district. The local tax rate is then applied to this assessed value, resulting in the property tax bill. Homeowners in Mertzon face a median property tax bill of $1,215, which is significantly lower than the national median of $2,400. However, tax bills can vary widely, with the 25th percentile at $380 and the 90th percentile reaching $3,197. This variation depends on factors such as property location, size, and improvements. High property taxes can strain homeowners financially, making it crucial to ensure accurate assessments. Ownwell assists homeowners by reviewing property assessments and identifying opportunities for tax appeals or exemptions. By leveraging their expertise, homeowners can potentially lower their tax bills, ensuring they pay only their fair share. This service can provide significant savings, reducing the financial burden of property ownership.

Property Tax Bills Across Mertzon, Irion County, Texas

Source: Ownwell

$361

$788

$1,215

Median Mertzon Tax Bill

$1,215

Median Irion County Tax Bill

$1,083

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Mertzon, Irion County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76941	$147	$380	$1,215	$2,250	$3,197

Source: Ownwell