Mexia, Limestone County, Texas Property Taxes

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

Median Mexia, TX effective property tax rate: 1.01%, slightly lower than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Mexia, TX home value: $98,305
Median annual Mexia, TX tax bill: $885, $1,515 lower than the national median property tax bill of $2,400.

How are property taxes in Limestone County calculated?

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

Last Updated March 1, 2025

Mexia, Limestone County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.01%

Estimate Property Tax Bill

$993

$921

Ownwell’s Mexia Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mexia with just two data points.

By entering your property's estimated assessed value, our calculator applies Mexia’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Limestone 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 Limestone County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Mexia, Limestone County, Texas

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Mexia’s effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S. Mexia, located in Limestone County, has a property tax rate that mirrors the state median, offering a competitive position within Texas. The rates here are slightly below the national median, providing an appealing option for property owners. This competitive rate, combined with the local amenities and community support, makes Mexia a compelling choice for homeowners. The consistency in the tax rate within the area ensures predictability for property owners, which is a significant advantage when planning long-term investments. Mexia stands out as a balanced option for those seeking reasonable property tax rates without compromising on the quality of local services.

Property Tax Rates Across Mexia, Limestone County, Texas

Source: Ownwell

0.29%

0.80%

1.31%

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 Mexia Tax Rate

1.01%

Median Effective Limestone County Tax Rate

1.05%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mexia, Limestone County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76667	0.36%	0.64%	1.01%	1.38%	1.74%

Source: Ownwell

Property Tax Assessment Values Across Mexia, Limestone County, Texas

When examining property taxes in Mexia, 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 Limestone 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 Limestone 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 Mexia. For example, the median home price in Mexia is $98,305, with tax bills ranging significantly across the county. 76667 has the highest median home price at $98,305.

Property Tax Assessment Values Across Mexia, Limestone County, Texas

Source: Ownwell

$62,195

$134,923

$207,650

Median Mexia Market Value

$98,305

Median Limestone County Market Value

$107,545

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mexia, Limestone County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76667	$21,595	$53,958	$98,305	$194,170	$317,460

Source: Ownwell

Property Tax Bills Across Mexia, Limestone County, Texas

In Mexia, located in Limestone County, TX, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $98,305, homeowners in Mexia face a property tax rate that is slightly below the national median of 1.02%. The tax bill for the 25th percentile is $388, while the 75th percentile reaches $1,782, and the 90th percentile climbs to $3,194. This variation highlights the significant impact property values and tax rates have on individual tax bills. For homeowners, these taxes can represent a substantial financial burden, especially when compared to the national median property tax bill of $2,400. Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners potentially reduce their tax obligations. This service not only alleviates financial pressure but also ensures that homeowners in Mexia pay a fair amount, aligning their tax bills more closely with their property's true assessed value.

Property Tax Bills Across Mexia, Limestone County, Texas

Source: Ownwell

$461

$1,174

$1,886

Median Mexia Tax Bill

$885

Median Limestone County Tax Bill

$971

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Mexia, Limestone County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76667	$165	$388	$885	$1,782	$3,194

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
Limestone Appraisal District
Website	esearch.limestonecad.com