Loving County, Texas Property Taxes

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

Median Loving County effective property tax rate: 1.19%, significantly higher than the national median of 1.02%.
Median Loving County home value: $18,100
Median annual Loving County tax bill: $149, $2,251 lower than the national median property tax bill of $2,400.

How are property taxes in Loving County calculated?

Property taxes in Loving County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Mentone or another part of Loving County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Loving County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.19%

Estimate Property Tax Bill

$215

$200

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

Property Tax Rates Across Loving County, Texas

Local government entities set tax rates, which can vary significantly within Texas. Annually, each county estimates its required budget to provide essential 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, this is the annual process in a nutshell.

Below, you can compare Loving County's effective property tax rate to other counties in Texas or the U.S. median property tax rate. Loving County's median property tax rate of 1.19% stands above the national median rate of 1.02%. This means that property owners in Loving County may pay more in property taxes compared to the national average. However, it's essential to understand that these rates are influenced by the county's budgetary needs and the total assessed value of properties. By being informed about these rates, property owners can make better decisions and potentially benefit from appealing their property taxes if they believe their property has been over-assessed.

Property Tax Rates Across Loving County, Texas

Source: Ownwell

1.19%

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 Loving County Tax Rate

1.19%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Loving County, Texas

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Mentone	0.37%	1.19%	1.19%	1.19%	1.19%

Source: Ownwell

Property Tax Assessment Values Across Loving County, Texas

When examining property taxes in Loving County, 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 Loving 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 Loving 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 Loving County. For example, the median tax bill in Loving County is $149, with tax bills ranging significantly across the county. Mentone has the highest median home price at $18,100.

Property Tax Assessment Values Across Loving County, Texas

Source: Ownwell

$18,100

Median Loving County Market Value

$18,100

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Loving County, Texas

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Mentone	$1,214	$5,480	$18,100	$45,020	$84,270

Source: Ownwell

Property Tax Bills Across Loving County, Texas

In Loving County, TX, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is a percentage of the property's market value and serves as the basis for the tax rate applied. Homeowners in this region face a relatively low property tax burden compared to the national median property tax rate of 1.02% and the national median property tax bill of $2,400. The median home price in Loving County is $18,100, resulting in a modest tax bill. The 25th percentile tax bill stands at $59, while the 75th percentile reaches $304. For those at the 90th percentile, the tax bill can rise to $881. Interestingly, the city of Mentone in Loving County has both the highest and lowest median tax bill of $149. These factors contribute to a more manageable tax environment for homeowners, allowing them to allocate more resources to other financial needs while still maintaining essential public services funded by these taxes.

Property Tax Bills Across Loving County, Texas

Source: Ownwell

$149

Median Loving County Tax Bill

$149

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Loving County, Texas

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Mentone	$6	$59	$149	$304	$881

Source: Ownwell

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Mentone