Mclennan County Property Taxes
The median property tax rate in McLennan County is 1.79%, which is significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in McLennan County at $228,020, the typical annual property tax bill reaches $3,809, which is above the national median of $2,690. Property taxes in McLennan County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding McLennan County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Waco or another part of McLennan County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mclennan County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.79%
Estimate Property Tax Bill
$4,082
$3,776
$1,148
Average Mclennan County Tax Savings
Ownwell’s McLennan County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in McLennan County with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in McLennan County to provide an accurate property tax bill estimate. This valuable tool not only helps you grasp potential tax liabilities but also showcases how Ownwell can assist in reducing property taxes in McLennan County. For those interested in more localized trends, you can explore city-level information by scrolling down. Your property's assessed value, determined by the county, is crucial for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Mclennan County, Texas
Property taxes in McLennan County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in McLennan County is 1.79%, which is higher than both the Texas state median of 1.66% and the U.S. national median of 0.99%. Local government entities within McLennan County set these rates annually, and they can vary significantly between different areas within the county. Each year, McLennan County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Mart has one of the higher property tax rates in Texas at 1.94%, while the city of Lacy Lakeview boasts one of the lowest at 0.91%. Analyzing how McLennan County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Mclennan County Tax Rate
1.79%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mclennan County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abbott | 1.11% | 1.17% | 1.27% | 1.35% | 1.47% |
| Aquilla | 0.26% | 0.77% | 0.94% | 1.13% | 1.28% |
| Axtell | 0.73% | 0.93% | 1.20% | 1.33% | 1.45% |
| Birome | 1.47% | 1.47% | 1.47% | 1.47% | 1.47% |
| Bruceville | 0.96% | 1.17% | 1.36% | 1.60% | 1.92% |
| Bruceville Eddy | 1.15% | 1.41% | 1.54% | 1.87% | 1.90% |
| China Spring | 1.05% | 1.25% | 1.43% | 1.72% | 1.87% |
| Crawford | 0.88% | 1.18% | 1.44% | 1.66% | 1.96% |
| Eddy | 0.98% | 1.15% | 1.38% | 1.60% | 1.87% |
| Elm Mott | 0.88% | 1.08% | 1.34% | 1.45% | 1.60% |
| Hewitt | 1.43% | 1.56% | 1.77% | 1.96% | 2.18% |
| Lacy Lakeview | 0.51% | 0.66% | 0.91% | 1.16% | 1.30% |
| Leroy | 1.09% | 1.32% | 1.65% | 1.70% | 1.77% |
| Lorena | 0.92% | 1.22% | 1.54% | 1.82% | 2.15% |
| Mart | 1.15% | 1.44% | 1.94% | 2.32% | 2.51% |
| Mcgregor | 1.08% | 1.44% | 1.86% | 2.02% | 2.19% |
| Mc Gregor | 1.32% | 1.57% | 1.83% | 2.01% | 2.12% |
| Moddy | N/A | N/A | N/A | N/A | N/A |
| Moody | 0.90% | 1.18% | 1.55% | 1.99% | 2.23% |
| Mount Calm | 0.60% | 1.04% | 1.12% | 1.34% | 1.57% |
| Oglesby | 0.77% | 0.97% | 1.02% | 1.49% | 1.56% |
| Riesel | 0.87% | 1.17% | 1.43% | 1.79% | 1.94% |
| Robinson | 1.31% | 1.49% | 1.65% | 1.95% | 2.10% |
| Valley Mills | 0.77% | 0.99% | 1.20% | 1.46% | 1.63% |
| Waco | 1.23% | 1.57% | 1.93% | 2.31% | 2.52% |
| West | 0.98% | 1.21% | 1.54% | 1.90% | 2.18% |
| Woodway | 1.17% | 1.46% | 1.70% | 1.99% | 2.18% |
Source: Ownwell
$1,148
Average Mclennan County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Mclennan County, Texas
In McLennan County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the McLennan County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in McLennan County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. The city of Woodway has the highest median tax bill at $5,944, while Birome has the lowest at $191. Being aware of these valuation processes in McLennan County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Mclennan County Assessed Value
$228,020
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mclennan County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abbott | $113,794 | $251,020 | $252,050 | $298,980 | $312,192 |
| Aquilla | $31,472 | $44,800 | $140,000 | $356,990 | $497,792 |
| Axtell | $23,168 | $65,748 | $189,215 | $315,215 | $449,910 |
| Birome | $13,000 | $13,000 | $13,000 | $13,000 | $13,000 |
| Bruceville | $25,718 | $51,325 | $184,620 | $318,360 | $399,662 |
| Bruceville Eddy | $17,818 | $29,710 | $50,580 | $98,200 | $250,352 |
| China Spring | $76,871 | $206,982 | $350,000 | $550,000 | $744,161 |
| Crawford | $87,793 | $210,180 | $379,645 | $600,992 | $799,500 |
| Eddy | $21,094 | $57,005 | $147,390 | $257,225 | $394,030 |
| Elm Mott | $19,640 | $49,125 | $133,990 | $254,110 | $366,640 |
| Hewitt | $203,430 | $252,175 | $291,470 | $349,762 | $423,064 |
| Lacy Lakeview | $388,072 | $461,575 | $533,515 | $596,152 | $652,911 |
| Leroy | $16,685 | $41,028 | $139,270 | $238,642 | $376,750 |
| Lorena | $145,660 | $256,790 | $320,990 | $436,625 | $600,000 |
| Mart | $19,320 | $45,000 | $99,400 | $177,790 | $271,580 |
| Mcgregor | $111,500 | $159,590 | $275,000 | $467,679 | $749,796 |
| Mc Gregor | $222,300 | $267,385 | $318,930 | $419,835 | $571,175 |
| Moddy | N/A | N/A | N/A | N/A | N/A |
| Moody | $19,862 | $68,935 | $143,315 | $270,542 | $435,217 |
| Mount Calm | $46,420 | $77,348 | $80,975 | $198,265 | $276,152 |
| Oglesby | $138,844 | $180,270 | $222,970 | $425,000 | $480,386 |
| Riesel | $33,982 | $84,608 | $162,960 | $284,495 | $394,691 |
| Robinson | $154,830 | $225,000 | $284,240 | $377,590 | $470,466 |
| Valley Mills | $39,920 | $179,350 | $350,000 | $484,095 | $667,674 |
| Waco | $74,470 | $119,998 | $178,900 | $269,012 | $367,356 |
| West | $64,615 | $121,245 | $220,000 | $341,292 | $508,468 |
| Woodway | $218,426 | $275,600 | $353,640 | $468,080 | $592,502 |
Source: Ownwell
$1,148
Average Mclennan County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Mclennan County, Texas
In McLennan County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $228,020, homeowners can expect varying tax bills. For instance, the 25th percentile tax bill is around $2,253, while the 75th percentile reaches up to $5,790, and the 90th percentile peaks at $8,124. Factors influencing these bills include property location, market conditions, and any applicable exemptions. Notably, Woodway has the highest median tax bill at $5,944, contrasting sharply with Birome's lowest at $191. These tax bills can significantly impact homeowners, making it essential to manage them effectively. Ownwell offers expert property tax appeal and exemption services, helping homeowners potentially lower their tax obligations. By analyzing property assessments and identifying discrepancies, Ownwell ensures that homeowners pay only their fair share. This personalized approach can lead to substantial savings, providing financial relief and peace of mind.
Average Mclennan County Tax Bill
$3,809
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Mclennan County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abbott | $1,281 | $2,681 | $2,955 | $3,784 | $4,105 |
| Aquilla | $203 | $397 | $507 | $3,734 | $4,271 |
| Axtell | $241 | $656 | $1,783 | $3,506 | $4,878 |
| Birome | $191 | $191 | $191 | $191 | $191 |
| Bruceville | $407 | $730 | $2,340 | $4,076 | $5,209 |
| Bruceville Eddy | $317 | $465 | $762 | $1,365 | $3,551 |
| China Spring | $822 | $2,957 | $5,067 | $7,760 | $10,839 |
| Crawford | $1,201 | $2,822 | $5,060 | $8,059 | $10,639 |
| Eddy | $299 | $710 | $1,892 | $3,613 | $4,943 |
| Elm Mott | $275 | $621 | $1,603 | $2,955 | $4,233 |
| Hewitt | $3,509 | $4,207 | $5,059 | $6,130 | $7,456 |
| Lacy Lakeview | $2,757 | $3,357 | $4,210 | $5,423 | $6,672 |
| Leroy | $268 | $666 | $2,082 | $3,414 | $4,709 |
| Lorena | $942 | $3,444 | $5,303 | $6,860 | $8,578 |
| Mart | $368 | $817 | $1,812 | $2,931 | $4,457 |
| Mcgregor | $1,318 | $2,634 | $4,231 | $8,524 | $13,487 |
| Mc Gregor | $2,946 | $4,615 | $5,635 | $7,726 | $10,759 |
| Moddy | N/A | N/A | N/A | N/A | N/A |
| Moody | $309 | $855 | $2,092 | $3,815 | $5,849 |
| Mount Calm | $252 | $271 | $939 | $2,462 | $3,521 |
| Oglesby | $1,150 | $1,761 | $2,282 | $5,759 | $6,435 |
| Riesel | $422 | $1,120 | $2,212 | $3,748 | $5,255 |
| Robinson | $2,607 | $3,675 | $4,762 | $6,116 | $7,834 |
| Valley Mills | $487 | $1,692 | $3,828 | $5,693 | $7,743 |
| Waco | $1,235 | $2,119 | $3,247 | $5,160 | $7,217 |
| West | $853 | $1,931 | $3,241 | $4,861 | $6,862 |
| Woodway | $3,066 | $4,320 | $5,944 | $8,200 | $10,645 |
Source: Ownwell
$1,148
Average Mclennan County Tax Savings
Save on your property taxes & more with Ownwell.
Want to lower your Mclennan County property taxes?
Looking to reduce your McLennan County property taxes? Ownwell is the leading property tax protest company serving McLennan County. We specialize in helping property owners in the Waco area and beyond lower their taxes by working directly with the McLennan County Appraisal District. Through our tax monitoring service, we collect all necessary information to maximize your tax reductions. We navigate the complexities of the McLennan County property tax protest process and identify all available property tax exemptions so you don’t have to. Whether you are a homeowner, a real estate investor, or an asset manager, our local team at Ownwell has the expertise to assess your current property tax situation and identify strategic opportunities for reducing your tax burden. By managing the protest process from beginning to end, we not only simplify the procedure but also increase your chances of obtaining a favorable result. Let Ownwell be your trusted partner in lowering your McLennan County property tax expenses through our proven strategies and expert advocacy.
Property Tax Protests in Texas
In McLennan County, TX, the property tax protest process allows homeowners to appeal their property tax assessments if they believe their property has been overvalued. The process begins with the homeowner filing a notice of protest with the McLennan County Appraisal District. This notice must be submitted by May 15 or within 30 days of receiving the assessment notice, whichever is later. Once the protest is filed, the homeowner will receive a hearing date with the Appraisal Review Board (ARB), an independent panel that listens to property tax disputes. In preparation for the hearing, homeowners should gather evidence to support their claim, such as recent sales data of similar properties, independent appraisals, or photographs showing property condition issues. During the hearing, both the homeowner and a representative from the appraisal district will present their cases. The ARB will then review the evidence and make a determination on whether the assessed value should be adjusted. Potential outcomes of the appeal can vary. If the ARB agrees with the homeowner, the property’s assessed value will be lowered, resulting in a reduced tax bill. If the ARB sides with the appraisal district, the assessed value will remain unchanged. In some cases, a compromise value may be reached. Ownwell can significantly ease this process for homeowners by providing expert guidance and representation. Our team of experienced property tax consultants will handle all aspects of the appeal, from filing the notice of protest to gathering compelling evidence and presenting the case before the ARB. With Ownwell’s expertise, homeowners can maximize their chances of achieving a favorable outcome and potentially save thousands on their property tax bills.
Exemptions in Texas
In McLennan County, Texas, homeowners can benefit from several property tax exemption programs designed to reduce their tax burden. The most common exemption is the Homestead Exemption, which is available to homeowners who use the property as their primary residence. This exemption reduces the assessed value of the home, thereby lowering the property taxes owed. Additionally, McLennan County offers an Over-65 Exemption for senior citizens aged 65 and older. This exemption further reduces the assessed value of the home, providing significant tax relief for older residents. Disabled individuals may also qualify for a Disability Exemption, which offers similar benefits to the Over-65 Exemption. Veterans and their surviving spouses can take advantage of the Disabled Veteran Exemption, which provides tax reductions based on the veteran's disability rating. There is also a 100% Disabled Veteran Homestead Exemption available for veterans who are 100% disabled due to service-related injuries. To apply for these exemptions, homeowners must submit the appropriate application forms to the McLennan County Appraisal District, along with any required documentation, such as proof of age, disability, or veteran status. Ownwell can assist homeowners in navigating these exemption programs by providing expert guidance and support throughout the application process. Our team ensures that all necessary paperwork is completed accurately and submitted on time, helping homeowners maximize their property tax savings.
Available Exemptions
Senior
Disabled
Home Stead
Veteran
Solar/Wind
Non-Profit
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 | |
|---|---|
| Mclennan Appraisal District | |
| Phone | (254) 752-9864 |
| Website | esearch.mclennancad.org |
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