Dime Box, Lee County, Texas Property Taxes

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

Median Dime Box, TX effective property tax rate: 1.52%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Dime Box, TX home value: $110,570
Median annual Dime Box, TX tax bill: $1,382, $1,018 lower than the national median property tax bill of $2,400.

How are property taxes in Lee County calculated?

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

Last Updated March 1, 2025

Dime Box, Lee County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.52%

Estimate Property Tax Bill

$1,681

$1,560

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

Property Tax Rates Across Dime Box, Lee County, Texas

Local government entities determine tax rates, which can vary greatly within a state. Each year, counties estimate their budgets to provide essential services and divide this by the total value of all taxable property in their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates, this is the basic annual process.

In Dime Box, located in Lee County, the effective property tax rate stands at 1.52%. This rate is notably higher than the national median property tax rate of 1.02%. When comparing this to the broader state of Texas, Dime Box's rate aligns with the highest and lowest median tax rates within its zip code, indicating a uniformity in tax assessments in that area.

Understanding these rates is crucial for property owners, as they directly impact annual tax bills, which can significantly affect financial planning and property investments. Being informed about local property tax trends can help homeowners in Dime Box make strategic decisions to potentially lower their tax burden.

Property Tax Rates Across Dime Box, Lee County, Texas

Source: Ownwell

0.99%

1.26%

1.52%

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 Dime Box Tax Rate

1.52%

Median Effective Lee County Tax Rate

1.46%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Dime Box, Lee County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
77853	0.66%	1.13%	1.52%	1.54%	1.74%

Source: Ownwell

Property Tax Assessment Values Across Dime Box, Lee County, Texas

When examining property taxes in Dime Box, 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 Lee 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 Lee 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 Dime Box. For example, the median home price in Dime Box is $110,570, with tax bills ranging significantly across the county. 77853 has the highest median home price at $110,570.

Property Tax Assessment Values Across Dime Box, Lee County, Texas

Source: Ownwell

$110,570

$221,810

$333,050

Median Dime Box Market Value

$110,570

Median Lee County Market Value

$200,180

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Dime Box, Lee County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
77853	$18,460	$45,260	$110,570	$257,430	$526,120

Source: Ownwell

Property Tax Bills Across Dime Box, Lee County, Texas

In Dime Box, located in Lee County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $110,570, homeowners in Dime Box experience a range of tax bills. The 25th percentile tax bill is $624, while the 75th percentile reaches $2,672, and the 90th percentile can be as high as $5,096. Despite the local median tax bill of $1,382, which is lower than the national median of $2,400, property taxes can still be a significant financial burden for homeowners. Ownwell offers valuable assistance by helping homeowners appeal their property tax assessments and identify potential exemptions, potentially leading to significant savings. By leveraging expert knowledge and local data, Ownwell ensures that homeowners in Dime Box pay only their fair share, providing peace of mind and financial relief.

Property Tax Bills Across Dime Box, Lee County, Texas

Source: Ownwell

$1,382

$2,696

$4,010

Median Dime Box Tax Bill

$1,382

Median Lee County Tax Bill

$2,398

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Dime Box, Lee County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
77853	$284	$624	$1,382	$2,672	$5,096

Source: Ownwell

Don't miss the deadline to protest!

Dates
Appeal Deadline	May 15
Tax Bill
Issued	October 1
Due Date #1	November 30
Due Date #2	June 30

Links
Lee Appraisal District
Website	esearch.lee-cad.org