Diana, Marion County, Texas Property Taxes
Median Diana, TX effective property tax rate: 0.97%, significantly lower than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Diana, TX home value: $54,290
Median annual Diana, TX tax bill: $357, $2,043 lower than the national median property tax bill of $2,400.
How are property taxes in Marion County calculated?
Property taxes in Diana, 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 Diana’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Diana, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Diana, Marion County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.97%
Estimate Property Tax Bill
$527
$489
Property Tax Rates Across Diana, Marion County, Texas
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
Diana in Marion County, TX, has an effective property tax rate that aligns closely with the median rate for Texas, which stands at 0.97%. Comparatively, this rate is slightly below the national median property tax rate of 1.02%. This means that homeowners in Diana may find themselves paying less in property taxes compared to the national average, potentially offering some financial relief.
Understanding these rates is crucial for homeowners looking to manage their property tax bills effectively. By comparing Diana’s property tax rate to other cities in Texas and the national median, homeowners can gain valuable insights into their tax obligations and explore opportunities for appealing or seeking exemptions.
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 Diana Tax Rate
0.97%
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 Marion County Tax Rate
0.88%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Diana, Marion County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75640 | 0.25% | 0.55% | 0.97% | 1.28% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Diana, Marion County, Texas
When examining property taxes in Diana, 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 Marion 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 Marion 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 Diana.
For example, the median home price in Diana is $54,290, with tax bills ranging significantly across the county. Zip code 75640 has the highest median home price at $54,290.
Property Tax Assessment Values Across Diana, Marion County, Texas
Source: Ownwell
$35,310
$108,058
$180,805
Median Diana Market Value
$54,290
Median Marion County Market Value
$74,260
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Diana, Marion County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75640 | $16,288 | $27,240 | $54,290 | $103,485 | $147,512 |
Source: Ownwell
Property Tax Bills Across Diana, Marion County, Texas
Median Diana Tax Bill
$357
Median Marion County Tax Bill
$470
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Diana, Marion County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75640 | $104 | $169 | $357 | $720 | $1,294 |
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 | |
|---|---|
| Marion Appraisal District | |
| Website | www.marioncad.org |