Tarzan, Martin County, Texas Property Taxes
Median Tarzan, TX effective property tax rate: 0.22%, significantly lower than the national median of 1.02%, and also lower than the Texas state median of 1.67%.
Median Tarzan, TX home value: $114,560
Median annual Tarzan, TX tax bill: $246, $2,154 lower than the national median property tax bill of $2,400.
How are property taxes in Martin County calculated?
Property taxes in Tarzan, 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 Tarzan’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tarzan, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Tarzan, Martin County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.22%
Estimate Property Tax Bill
$252
$234
Property Tax Rates Across Tarzan, Martin 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. 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 Tarzan, located in Martin County, Texas, the effective property tax rate is notably lower than both the state and national medians. This makes Tarzan an attractive location for property owners seeking to minimize their tax burden. Texas, known for its relatively low property tax rates, offers an advantage to property owners compared to the national median tax rate of 1.02%.
Comparing Tarzan’s effective property tax rate to other cities in Texas and the national average highlights the potential savings for property owners. Lower tax rates can significantly impact the affordability of homeownership and the overall cost of living. For those considering a move or investment in Texas, Tarzan emerges as a compelling option due to its favorable property tax environment.
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 Tarzan Tax Rate
0.22%
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 Martin County Tax Rate
0.22%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Tarzan, Martin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79783 | 0.21% | 0.22% | 0.22% | 0.23% | 0.25% |
Source: Ownwell
Property Tax Assessment Values Across Tarzan, Martin County, Texas
When examining property taxes in Tarzan, 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 Martin 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 Martin 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 Tarzan.
For example, the median home price in Tarzan is $114,560, with tax bills ranging significantly across the county. ZIP code 79783 has the highest median home price at $114,560.
Property Tax Assessment Values Across Tarzan, Martin County, Texas
Source: Ownwell
$58,940
$91,260
$123,580
Median Tarzan Market Value
$114,560
Median Martin County Market Value
$66,090
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Tarzan, Martin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79783 | $54,206 | $83,770 | $114,560 | $202,325 | $280,022 |
Source: Ownwell
Property Tax Bills Across Tarzan, Martin County, Texas
In Tarzan, located in Martin County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and is a percentage of the market value. Factors such as property size, location, and market conditions are considered in determining this value. Homeowners in Tarzan face a median property tax bill of $246, which is significantly lower than the national median of $2,400. The 25th percentile tax bill is $208, while the 75th percentile reaches $414, and the 90th percentile is $608. These figures illustrate a wide range of tax burdens that can impact homeowners differently, depending on the assessed value of their property.
Ownwell offers property tax appeal and exemption services that can help homeowners in Tarzan reduce their tax bills. By analyzing the assessed value and identifying discrepancies or overvaluations, Ownwell can assist in filing appeals to lower the tax burden, ensuring homeowners pay only their fair share. This service provides peace of mind and potential savings for property owners.
Median Tarzan Tax Bill
$246
Median Martin County Tax Bill
$154
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Tarzan, Martin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79783 | $125 | $208 | $246 | $414 | $608 |
Source: Ownwell