Menard, Menard County, Texas Property Taxes

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

Median Menard, TX effective property tax rate: 2.69%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Menard, TX home value: $56,600
Median annual Menard, TX tax bill: $1,358, $1,042 lower than the national median property tax bill of $2,400.

How are property taxes in Menard calculated?

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

Last Updated March 1, 2025

Menard, Menard County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.69%

Estimate Property Tax Bill

$1,523

$1,413

Ownwell’s Menard Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Menard with just two data points. By entering your property's estimated assessed value, our calculator applies Menard’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your 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 Menard, Menard County, Texas

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually 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. Although votes and laws are involved in setting tax rates and budgets, this is the basic annual process. In Menard, TX, the effective property tax rate is notably higher than the national median, which can significantly impact property owners. Comparing Menard's rate to other cities in Texas reveals the unique nature of tax assessments in the area. While the national median property tax rate stands at 1.02%, Menard's rate is 2.69%, indicating a higher financial burden on property owners. This elevated rate can be attributed to local budgetary needs and the total assessed property values within the county. Understanding these dynamics is crucial for property owners looking to manage their tax liabilities effectively. By staying informed and considering property tax appeal and exemption services, residents can potentially reduce their tax burden.

Property Tax Rates Across Menard, 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 Menard Tax Rate

2.69%

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 Menard, Menard County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76859	1.85%	2.16%	2.69%	2.69%	2.69%

Source: Ownwell

Property Tax Assessment Values Across Menard, Menard County, Texas

When examining property taxes in Menard, 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.

Assessment notices: 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 Menard. For example, the median home price in Menard is $56,600, with tax bills ranging significantly across the county. 76859 has the highest median home price at $56,600.

Property Tax Assessment Values Across Menard, Menard County, Texas

Source: Ownwell

$54,140

$82,775

$111,410

Median Menard Market Value

$56,600

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 Menard, Menard County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76859	$12,216	$30,290	$56,600	$101,970	$176,172

Source: Ownwell

Property Tax Bills Across Menard, Menard County, Texas

In Menard, Texas, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The tax rate is applied to this assessed value to calculate the annual property tax bill. With a median home price of $56,600, Menard residents generally face property tax bills that range from $709 at the 25th percentile to $3,714 at the 90th percentile. The median tax bill in the area is $1,358, which is below the national median property tax bill of $2,400. This indicates that while Menard's property tax rates may seem moderate, they can still be a financial burden for many homeowners. Ownwell offers property tax appeal and exemption services that can help homeowners reduce their tax bills. By reviewing property assessments and identifying discrepancies, Ownwell can potentially lower the assessed value of a home, leading to significant savings. This service is particularly beneficial given the variability in tax bills across different percentiles in Menard.

Property Tax Bills Across Menard, Menard County, Texas

Source: Ownwell

$997

$1,420

$1,843

Median Menard Tax Bill

$1,358

Median Menard County Tax Bill

$1,348

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Menard, Menard County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76859	$304	$709	$1,358	$2,297	$3,714

Source: Ownwell