Earth, Lamb County, Texas Property Taxes

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

Median EARTH, TX effective property tax rate: 2.15%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%. Median EARTH, TX home value: $33,070. Median annual EARTH, TX tax bill: $635, $1,765 lower than the national median property tax bill of $2,400.

How are property taxes in Lamb County calculated?

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

Last Updated March 1, 2025

Earth, Lamb County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.15%

Estimate Property Tax Bill

$711

$660

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

Property Tax Rates Across Earth, Lamb County, Texas

Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variability is due to each county estimating its annual budget for services and dividing it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in determining these rates and budgets, this is essentially the annual process.

In Earth, located in Lamb County, Texas, the effective property tax rate is notably higher than the national median of 1.02%. This reflects the unique budgetary needs and property values within the county. The median property tax rate for Texas stands at 2.15%, which is also higher than the national average. This highlights the diverse economic landscape across the state, influencing how property taxes are structured. Comparing Earth’s effective tax rate with other cities in Texas and the national median provides valuable insights into regional tax burdens and can guide property owners in understanding their potential liabilities and opportunities for appeals or exemptions.

Property Tax Rates Across Earth, 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 Earth Tax Rate

2.15%

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 Earth, Lamb County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79031	1.32%	1.68%	2.15%	2.71%	2.92%

Source: Ownwell

Property Tax Assessment Values Across Earth, Lamb County, Texas

When examining property taxes in EARTH, 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 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. Assessment notices: In Lamb 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 EARTH. For example, the median home price in EARTH is $33,070, with tax bills ranging significantly across the county. 79031 has the highest median home price at $33,070.

Property Tax Assessment Values Across Earth, Lamb County, Texas

Source: Ownwell

$26,090

$55,820

$85,550

Median Earth Market Value

$33,070

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 Earth, Lamb County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79031	$3,746	$9,220	$33,070	$78,290	$141,448

Source: Ownwell

Property Tax Bills Across Earth, Lamb County, Texas

In EARTH, located within Lamb County, TX, property tax bills are determined based on the assessed value of a home. This value is typically a percentage of the market value, and local tax rates are applied to calculate the final bill. Homeowners in this city face a median property tax bill that can vary significantly, with the 25th percentile at $241 and the 75th percentile reaching $1,253. The 90th percentile tax bill can soar to $2,253, illustrating the wide range of tax liabilities homeowners may encounter. Compared to the national median property tax bill of $2,400, EARTH offers a relatively favorable environment for property owners. However, the financial impact can still be substantial. Ownwell can assist homeowners in reducing their property tax bills through expert appeal and exemption services. By analyzing individual property assessments and identifying potential inaccuracies or opportunities for exemptions, Ownwell helps clients achieve significant savings, ensuring they pay only their fair share of property taxes.

Property Tax Bills Across Earth, Lamb County, Texas

Source: Ownwell

$359

$541

$723

Median Earth Tax Bill

$635

Median Lamb County Tax Bill

$638

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Earth, Lamb County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79031	$99	$241	$635	$1,253	$2,253

Source: Ownwell