Hext, Menard County, Texas Property Taxes

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

Median Hext, TX effective property tax rate: 2.13%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Hext, TX home value: $54,140
Median annual Hext, TX tax bill: $998, $1,402 lower than the national median property tax bill of $2,400.

How are property taxes in Menard County calculated?

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

Last Updated March 1, 2025

Hext, Menard County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.13%

Estimate Property Tax Bill

$1,153

$1,070

Ownwell’s Hext Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hext with just two data points. By entering your property's estimated assessed value, our calculator applies Hext’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Menard 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 Menard County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Hext, Menard County, Texas

Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate their budgetary needs for services and divide this by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws influence the setting of tax rates and budgets, this is the core of the annual process.

In HEXT, located in Menard County, Texas, the effective property tax rate stands out when compared to other cities in Texas and even the national median. With Texas having a higher property tax rate than the national median, property owners in HEXT face a significant tax burden. The median property tax rate in Texas is notably above the national median of 1.02%, highlighting the state's reliance on property taxes for revenue. This comparison underscores the importance of understanding local tax rates and how they impact property owners. Property tax consulting services can be invaluable in navigating these complexities and potentially reducing tax liabilities.

Property Tax Rates Across Hext, Menard County, Texas

Source: Ownwell

2.01%

2.35%

2.69%

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 Hext Tax Rate

2.13%

Median Effective Menard County Tax Rate

2.69%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hext, Menard County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76848	1.33%	2.13%	2.13%	2.16%	2.16%

Source: Ownwell

Property Tax Assessment Values Across Hext, Menard County, Texas

When examining property taxes in Hext, Texas, 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 Menard 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 Menard 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 Hext.

For example, the median home price in Hext is $54,140, with tax bills ranging significantly across the county. Zip code 76848 has the highest median home price at $54,140.

Property Tax Assessment Values Across Hext, Menard County, Texas

Source: Ownwell

$54,140

$82,775

$111,410

Median Hext Market Value

$54,140

Median Menard County Market Value

$57,440

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hext, Menard County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76848	$25,776	$36,980	$54,140	$125,380	$202,552

Source: Ownwell

Property Tax Bills Across Hext, Menard County, Texas

In HEXT, located in Menard County, TX, property tax bills are calculated based on the assessed value of a property, which is derived from the median home price of $54,140. The tax rate is applied to this assessed value to determine the annual tax bill. Factors such as location, property size, and improvements can influence the assessed value, impacting the homeowner's tax liability. Homeowners in HEXT face varying tax bills, with the 25th percentile at $663 and the 75th percentile reaching $1,735. The 90th percentile can see tax bills as high as $3,567, reflecting the diverse property values and tax burdens within the area. Compared to the national median property tax bill of $2,400, HEXT homeowners generally experience lower tax bills. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions, ensuring they are not overpaying. By leveraging local expertise and data-driven insights, Ownwell helps homeowners navigate the complex tax landscape, potentially reducing their annual property tax bills significantly.

Property Tax Bills Across Hext, Menard County, Texas

Source: Ownwell

$997

$1,420

$1,843

Median Hext Tax Bill

$998

Median Menard County Tax Bill

$1,348

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Hext, Menard County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76848	$414	$663	$998	$1,735	$3,567

Source: Ownwell