Amherst, Lamb County, Texas Property Taxes

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

Median Amherst, TX effective property tax rate: 2.67%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Amherst, TX home value: $26,090
Median annual Amherst, TX tax bill: $519, $1,881 lower than the national median property tax bill of $2,400.

How are property taxes in Lamb County calculated?

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

Last Updated March 1, 2025

Amherst, Lamb County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.67%

Estimate Property Tax Bill

$697

$646

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

Property Tax Rates Across Amherst, Lamb County, Texas

Local government entities in Texas set property tax rates, which can vary significantly across different areas. This variation is due to each county's annual budget estimation process, where the budget needed for public services is divided by the total assessed value of all taxable properties within the county. This calculation determines the property tax rate. Although voting and legislation play roles in this process, this is the basic annual procedure.

In Amherst, located in Lamb County, the effective property tax rate is 2.67%, which is notably higher than the national median rate of 1.02%. This rate is also the highest in Texas, indicating that property owners in Amherst face a substantial tax burden compared to other regions. The national median property tax bill is $2,400, which further highlights the disparity in tax rates.

Understanding these rates is crucial for property owners who may be considering appealing their property taxes or seeking exemptions. By staying informed about local tax rates and how they compare to state and national averages, property owners can make more informed decisions about managing their property tax obligations.

Property Tax Rates Across Amherst, Lamb County, Texas

Source: Ownwell

0.80%

1.73%

2.67%

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 Amherst Tax Rate

2.67%

Median Effective Lamb County Tax Rate

2.05%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Amherst, Lamb County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79312	1.34%	1.67%	2.67%	2.73%	2.94%

Source: Ownwell

Property Tax Assessment Values Across Amherst, Lamb County, Texas

When examining property taxes in Amherst, Texas, 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 Lamb 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 Lamb 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 Amherst. For example, the median home price in Amherst is $26,090, with tax bills ranging significantly across the county. Zip code 79312 has the highest median home price at $26,090.

Property Tax Assessment Values Across Amherst, Lamb County, Texas

Source: Ownwell

$26,090

$55,820

$85,550

Median Amherst Market Value

$26,090

Median Lamb County Market Value

$37,240

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Amherst, Lamb County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79312	$2,952	$9,910	$26,090	$57,710	$116,682

Source: Ownwell

Property Tax Bills Across Amherst, Lamb County, Texas

In Amherst, located in Lamb County, TX, property tax bills are determined based on the assessed value of a home and the local tax rate. The median home price in the area is $26,090, which is significantly lower than the national median. Homeowners in Amherst experience a range of property tax bills, with the 25th percentile at $228 and the 75th percentile at $1,028. The 90th percentile tax bill reaches $1,800, indicating some variability based on property value and local assessments. Compared to the national median property tax bill of $2,400, Amherst homeowners generally face lower tax obligations. However, even with relatively low tax bills, over-assessment can still occur, leading to higher payments than necessary. This is where Ownwell can make a difference. By offering property tax appeal and exemption services, Ownwell assists homeowners in ensuring their properties are fairly assessed, potentially saving them hundreds of dollars annually. With expert guidance, homeowners can navigate the complexities of property tax assessments and reduce their financial burden.

Property Tax Bills Across Amherst, Lamb County, Texas

Source: Ownwell

$359

$541

$723

Median Amherst Tax Bill

$519

Median Lamb County Tax Bill

$638

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Amherst, Lamb County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79312	$76	$228	$519	$1,028	$1,800

Source: Ownwell