Guthrie, King County, Texas Property Taxes

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

Median Guthrie, TX effective property tax rate: 1.96%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Guthrie, TX home value: $32,820
Median annual Guthrie, TX tax bill: $590, $1,810 lower than the national median property tax bill of $2,400.

How are property taxes in King County calculated?

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

Last Updated March 1, 2025

Guthrie, King County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.96%

Estimate Property Tax Bill

$643

$597

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

Property Tax Rates Across Guthrie, King County, Texas

Local government entities set tax rates, which can vary widely within a state. 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.

In Guthrie, located in King County, Texas, the effective property tax rate stands at 1.96%. This is significantly higher than the national median property tax rate of 1.02%. The median property tax rate in Texas is also 1.96%, placing Guthrie in line with the state average. However, when compared to the national median property tax bill of $2,400, the property tax burden in Guthrie might feel heavier due to the higher rate.

Understanding these figures can help property owners in Guthrie make informed decisions about property tax appeals and exemptions, ensuring they are not overburdened by their property tax bills.

Property Tax Rates Across Guthrie, King County, Texas

Source: Ownwell

1.96%

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 Guthrie Tax Rate

1.96%

Median Effective King County Tax Rate

1.96%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Guthrie, King County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79236	0.43%	1.96%	1.96%	1.96%	2.04%

Source: Ownwell

Property Tax Assessment Values Across Guthrie, King County, Texas

When examining property taxes in Guthrie, 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 King 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 King 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 Guthrie. For example, the median home price in Guthrie is $32,820, with tax bills ranging significantly across the county. Zip code 79236 has the highest median home price at $32,820.

Property Tax Assessment Values Across Guthrie, King County, Texas

Source: Ownwell

$32,820

$41,955

$51,090

Median Guthrie Market Value

$32,820

Median King County Market Value

$34,235

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Guthrie, King County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79236	$6,058	$17,290	$32,820	$74,200	$192,352

Source: Ownwell

Property Tax Bills Across Guthrie, King County, Texas

In Guthrie, King County, TX, property tax bills are determined by evaluating the assessed value of a homeowner's property, which is then multiplied by the local tax rate. The median home price in Guthrie stands at $32,820, significantly lower than the national median. Consequently, property tax bills in this area tend to be more affordable. The tax bill for the 25th percentile is $319, while the 75th percentile reaches $1,014, and the 90th percentile goes up to $1,971. In comparison, the national median property tax bill is $2,400, highlighting the relative affordability in Guthrie. However, even with lower tax bills, homeowners can benefit from savings. This is where Ownwell steps in, offering expertise in property tax appeals and exemptions. By reviewing your property assessment and identifying potential inaccuracies, Ownwell can help reduce your tax liability, ensuring you pay only your fair share. Partnering with Ownwell means peace of mind and potential savings on your property tax bill.

Property Tax Bills Across Guthrie, King County, Texas

Source: Ownwell

$481

$536

$590

Median Guthrie Tax Bill

$590

Median King County Tax Bill

$583

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Guthrie, King County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79236	$109	$319	$590	$1,014	$1,971

Source: Ownwell