Melvin, Mcculloch County, Texas Property Taxes
Median Melvin, TX effective property tax rate: 1.85%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Melvin, TX home value: $31,570
Median annual Melvin, TX tax bill: $529, $1,871 lower than the national median property tax bill of $2,400.
How are property taxes in McCulloch calculated?
Property taxes in Melvin, 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 Melvin’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Melvin, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Melvin, Mcculloch County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.85%
Estimate Property Tax Bill
$584
$542
Property Tax Rates Across Melvin, Mcculloch County, Texas
Local government entities determine property tax rates, which can differ significantly within Texas. This variation is due to each county calculating its necessary budget to provide essential services and dividing that by the total assessed value of all taxable properties in the area, resulting in the property tax rate. While the process involves votes and legislation, this is the core of how annual property tax rates are set.
In Melvin, located in McCulloch County, the effective property tax rate stands at 1.85%. This is noticeably higher than the national median property tax rate of 1.02%. Interestingly, Melvin's rate is on par with the highest and lowest median tax rates within its own zip code, 76858, suggesting a uniformity in rates across the area.
Comparing Melvin’s rate to other cities in Texas and the national median highlights the diversity in property tax rates across different regions. Texas residents, particularly in Melvin, face a higher property tax burden compared to the national average, emphasizing the importance of understanding local tax rates and their implications for property owners.
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 Melvin Tax Rate
1.85%
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 Mcculloch County Tax Rate
1.81%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Melvin, Mcculloch County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76858 | 1.31% | 1.67% | 1.85% | 2.28% | 2.28% |
Source: Ownwell
Property Tax Assessment Values Across Melvin, Mcculloch County, Texas
When examining property taxes in Melvin, 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 McCulloch 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 McCulloch 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 Melvin. For example, the median home price in Melvin is $31,570, with tax bills ranging significantly across the county. The zip code 76858 has the highest median home price at $31,570.
Property Tax Assessment Values Across Melvin, Mcculloch County, Texas
Source: Ownwell
$31,570
$67,240
$102,910
Median Melvin Market Value
$31,570
Median Mcculloch County Market Value
$74,310
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Melvin, Mcculloch County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76858 | $5,552 | $14,290 | $31,570 | $75,130 | $127,782 |
Source: Ownwell
Property Tax Bills Across Melvin, Mcculloch County, Texas
Median Melvin Tax Bill
$529
Median Mcculloch County Tax Bill
$1,255
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Melvin, Mcculloch County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76858 | $124 | $305 | $529 | $1,242 | $2,076 |
Source: Ownwell