Oakwood, Leon County, Texas Property Taxes

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

Median OAKWOOD, TX effective property tax rate: 1.51%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median OAKWOOD, TX home value: $101,545
Median annual OAKWOOD, TX tax bill: $1,285, $1,115 lower than the national median property tax bill of $2,400.

How are property taxes in Leon calculated?

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

Last Updated March 1, 2025

Oakwood, Leon County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.51%

Estimate Property Tax Bill

$1,533

$1,423

Ownwell’s Oakwood Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Oakwood with just two data points. By entering your property's estimated assessed value, our calculator applies Oakwood’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 Oakwood, Leon County, Texas

Local government entities set tax rates, which can vary widely within a state. This variability stems from each county's annual budget estimation to fund services, divided by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws influence tax rates and budgets, this is essentially the yearly process. In Oakwood, located in Leon County, Texas, the effective property tax rate is 1.51%. This rate is notably higher than the national median property tax rate of 1.02%. When comparing Oakwood’s rate to other cities in Texas, it stands out as being on the higher end. The median property tax bill in Oakwood also reflects this, exceeding the national median of $2,400. Understanding these differences is crucial for property owners seeking to manage their tax liabilities effectively. By being aware of the local tax dynamics, property owners can make informed decisions about appealing their property tax assessments or exploring available exemptions.

Property Tax Rates Across Oakwood, 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 Oakwood Tax Rate

1.51%

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 Oakwood, Leon County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75855	0.46%	1.36%	1.51%	1.62%	1.74%

Source: Ownwell

Property Tax Assessment Values Across Oakwood, Leon County, Texas

When examining property taxes in Oakwood, 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 Oakwood. For example, the median home price in Oakwood is $101,545, with tax bills ranging significantly across the county. Zip code 75855 has the highest median home price at $101,545.

Property Tax Assessment Values Across Oakwood, Leon County, Texas

Source: Ownwell

$101,545

$158,998

$216,450

Median Oakwood Market Value

$101,545

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 Oakwood, Leon County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75855	$21,510	$47,710	$101,545	$207,470	$339,445

Source: Ownwell

Property Tax Bills Across Oakwood, Leon County, Texas

In Oakwood, located in Leon County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in this area is $101,545, and the tax rate is applied to this assessed value to determine the annual tax bill. Homeowners in Oakwood typically face a median property tax bill of $1,285, which is below the national median of $2,400. Tax bills can vary significantly, with the 25th percentile paying around $603, while the 75th percentile sees bills as high as $2,629, and the 90th percentile reaching up to $4,057. Factors such as changes in property value and local tax rates can impact these amounts, affecting homeowners' financial planning. Ownwell assists homeowners by reviewing their property tax assessments and identifying opportunities for appeals and exemptions. By leveraging their expertise, homeowners can potentially reduce their tax burden, ensuring they only pay their fair share.

Property Tax Bills Across Oakwood, Leon County, Texas

Source: Ownwell

$1,245

$2,411

$3,576

Median Oakwood Tax Bill

$1,285

Median Leon County Tax Bill

$1,738

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Oakwood, Leon County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75855	$260	$603	$1,285	$2,629	$4,057

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