Mentone, Loving County, Texas Property Taxes

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

Median Mentone, TX effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Mentone, TX home value: $18,100
Median annual Mentone, TX tax bill: $149, $2,251 lower than the national median property tax bill of $2,400.

How are property taxes in Loving calculated?

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

Last Updated March 1, 2025

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

Property Tax Rates Across Mentone, Loving County, Texas

Local government entities in Texas set tax rates, which can vary widely within the state. This variation arises because each county annually estimates the budget needed to provide services and divides it by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process. Mentone in Loving County has an effective property tax rate that can be compared to other cities in Texas, as well as the median property tax rates in the state and the U.S. Texas's median property tax rate is 1.19%, which is higher than the national median of 1.02%. This means that property owners in Mentone may face higher tax bills compared to the national average. Understanding these rates can help property owners make informed decisions about their property tax obligations and potential savings through appeals or exemptions.

Property Tax Rates Across Mentone, 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 Mentone Tax Rate

1.19%

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 Mentone, Loving County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79754	0.37%	1.19%	1.19%	1.19%	1.19%

Source: Ownwell

Property Tax Assessment Values Across Mentone, Loving County, Texas

When examining property taxes in Mentone, 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 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.

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 Mentone.

For example, the median home price in Mentone is $18,100, with tax bills ranging significantly across the county. Zip code 79754 has the highest median home price at $18,100.

Property Tax Assessment Values Across Mentone, Loving County, Texas

Source: Ownwell

$18,100

Median Mentone Market Value

$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 Mentone, Loving County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79754	$1,214	$5,480	$18,100	$45,020	$84,270

Source: Ownwell

Property Tax Bills Across Mentone, Loving County, Texas

In Mentone, within Loving County, TX, property tax bills are determined by the assessed value of a home, which is a percentage of its market value. The tax rate is then applied to this assessed value to calculate the annual tax bill. With a median home price of $18,100, the tax bills can vary significantly. For instance, the 25th percentile tax bill is $59, while the 75th percentile reaches $304. At the 90th percentile, homeowners might face a tax bill as high as $881. Comparatively, these figures are below the national median property tax bill of $2,400, indicating a relatively lower tax burden in Mentone. However, even with these lower rates, homeowners can still benefit from potential savings. Ownwell offers services to help homeowners appeal their property tax assessments and apply for exemptions, potentially reducing their tax bills further. By leveraging expert knowledge and local insights, Ownwell can assist homeowners in navigating the complexities of property tax regulations, ensuring they pay only what is necessary.

Property Tax Bills Across Mentone, Loving County, Texas

Source: Ownwell

$149

Median Mentone Tax Bill

$149

Median Loving County Tax Bill

$149

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Mentone, Loving County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79754	$6	$59	$149	$304	$881

Source: Ownwell