Thornton, Limestone County, Texas Property Taxes
Median Thornton, TX effective property tax rate: 1.11%, slightly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Thornton, TX home value: $121,250
Median annual Thornton, TX tax bill: $1,268, $1,132 lower than the national median property tax bill of $2,400.
How are property taxes in Limestone County calculated?
Property taxes in Thornton, 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 Thornton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Thornton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Thornton, Limestone County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.11%
Estimate Property Tax Bill
$1,346
$1,249
Property Tax Rates Across Thornton, Limestone County, Texas
Local government entities set tax rates, which can vary widely within a state. This variation occurs because 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.
In Thornton, located in Limestone County, Texas, property tax rates reflect this standard process. The effective property tax rate here is comparable to the state's median rate, which is slightly above the national median of 1.02%. This means that residents in Thornton may pay more in property taxes compared to the national average, potentially affecting their overall cost of living. However, these taxes contribute to maintaining essential services and infrastructure within the community. Comparing Thornton’s rate to other cities in Texas and the median property tax rates in Texas and the U.S. can provide valuable insights for homeowners and potential buyers.
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 Thornton Tax Rate
1.11%
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 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 Thornton, Limestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76687 | 0.39% | 0.64% | 1.11% | 1.55% | 2.23% |
Source: Ownwell
Property Tax Assessment Values Across Thornton, Limestone County, Texas
When examining property taxes in Thornton, 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 April. 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 Thornton.
For example, the median home price in Thornton is $121,250, with tax bills ranging significantly across the county. Zip code 76687 has the highest median home price at $121,250.
Property Tax Assessment Values Across Thornton, Limestone County, Texas
Source: Ownwell
$62,195
$134,923
$207,650
Median Thornton Market Value
$121,250
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 Thornton, Limestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76687 | $19,750 | $60,132 | $121,250 | $296,955 | $490,535 |
Source: Ownwell
Property Tax Bills Across Thornton, Limestone County, Texas
Median Thornton Tax Bill
$1,268
Median Limestone County Tax Bill
$971
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Thornton, Limestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76687 | $165 | $463 | $1,268 | $3,006 | $5,315 |
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 |