Thrall, Lee County, Texas Property Taxes
Median Thrall, TX effective property tax rate: 1.14%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Thrall, TX home value: $329,595
Median annual Thrall, TX tax bill: $4,010, $1,610 higher than the national median property tax bill of $2,400.
How are property taxes in Lee County calculated?
Property taxes in Thrall, 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 Thrall’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Thrall, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Thrall, Lee County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.14%
Estimate Property Tax Bill
$3,757
$3,487
Property Tax Rates Across Thrall, Lee County, Texas
Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variation is due to the fact that each county annually estimates the budget required to provide essential services and then divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While tax rates and budgets are influenced by votes and legislation, this is the core of the annual process.
In Thrall, located in Lee County, Texas, the effective property tax rate is a key point of comparison with other cities in Texas and across the nation. Texas has a median property tax rate of 1.14%, which is higher than the national median of 1.02%. This means that property owners in Texas, including those in Thrall, generally face higher property tax rates than the national average. Property tax bills in Texas are influenced by this rate, resulting in higher-than-average tax obligations for property owners. Understanding these differences is crucial for property owners in Thrall who are navigating their property tax responsibilities and seeking potential savings through appeals or exemptions.
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 Thrall Tax Rate
1.14%
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 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 Thrall, Lee County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76578 | 0.42% | 0.67% | 1.14% | 1.31% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Thrall, Lee County, Texas
When examining property taxes in Thrall, 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.
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 Thrall. For example, the median home price in Thrall is $329,595, with tax bills ranging significantly across the county. Zip code 76578 has the highest median home price at $329,595.
Property Tax Assessment Values Across Thrall, Lee County, Texas
Source: Ownwell
$110,570
$221,810
$333,050
Median Thrall Market Value
$329,595
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 Thrall, Lee County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76578 | $235,732 | $285,612 | $329,595 | $505,560 | $1,102,323 |
Source: Ownwell
Property Tax Bills Across Thrall, Lee County, Texas
Median Thrall Tax Bill
$4,010
Median Lee County Tax Bill
$2,398
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Thrall, Lee County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76578 | $961 | $3,007 | $4,010 | $5,440 | $9,678 |
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 |