Buffalo, Leon County, Texas Property Taxes

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

Median Buffalo, TX effective property tax rate: 1.59%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Buffalo, TX home value: $124,760
Median annual Buffalo, TX tax bill: $1,832, $568 lower than the national median property tax bill of $2,400.

How are property taxes in Leon County calculated?

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

Last Updated March 1, 2025

Buffalo, Leon County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.59%

Estimate Property Tax Bill

$1,984

$1,841

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

Property Tax Rates Across Buffalo, Leon County, Texas

Local government entities set tax rates, which can vary widely within a state. This variance is due to each county estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Buffalo, located in Leon County, Texas, the effective property tax rate stands out when compared to other cities in the state. The median property tax rate in Texas is 1.59%, which is significantly higher than the national median of 1.02%. This means that property owners in Buffalo may face higher tax bills compared to many other parts of the country. Understanding these differences is crucial for property owners who are 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 better financial decisions and potentially reduce their tax burden.

Property Tax Rates Across Buffalo, Leon County, Texas

Source: Ownwell

1.32%

1.49%

1.66%

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 Buffalo Tax Rate

1.59%

Median Effective Leon County Tax Rate

1.60%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Buffalo, Leon County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75831	0.65%	1.58%	1.59%	2.08%	2.08%

Source: Ownwell

Property Tax Assessment Values Across Buffalo, Leon County, Texas

When examining property taxes in Buffalo, 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 Leon 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 Leon 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 Buffalo. For example, the median home price in Buffalo is $124,760, with tax bills ranging significantly across the county. Zip code 75831 has the highest median home price at $124,760.

Property Tax Assessment Values Across Buffalo, Leon County, Texas

Source: Ownwell

$101,545

$158,998

$216,450

Median Buffalo Market Value

$124,760

Median Leon County Market Value

$129,755

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Buffalo, Leon County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75831	$20,850	$54,010	$124,760	$224,990	$360,044

Source: Ownwell

Property Tax Bills Across Buffalo, Leon County, Texas

In Buffalo, TX, property tax bills are calculated based on the assessed value of the home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. With a median home price of $124,760 in Buffalo, homeowners can expect a property tax bill that varies widely depending on their specific circumstances. For instance, while some may pay as little as $761, others could face bills as high as $5,068. Compared to the national median property tax bill of $2,400, Buffalo's tax bills can be significantly lower or higher, highlighting the variability within the region. Ownwell assists homeowners by identifying potential savings opportunities through property tax appeals and exemptions. By reviewing the assessed value and ensuring it aligns with the current market conditions, Ownwell can help reduce the tax burden on homeowners, potentially saving them hundreds or even thousands of dollars annually.

Property Tax Bills Across Buffalo, Leon County, Texas

Source: Ownwell

$1,245

$2,411

$3,576

Median Buffalo Tax Bill

$1,832

Median Leon County Tax Bill

$1,738

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Buffalo, Leon County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75831	$274	$761	$1,832	$3,369	$5,068

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
Leon Appraisal District
Website	www.leoncad.org