Omaha, Morris County, Texas Property Taxes

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

Median Omaha, TX effective property tax rate: 1.57%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Omaha, TX home value: $95,420
Median annual Omaha, TX tax bill: $1,614, $786 lower than the national median property tax bill of $2,400.

How are property taxes in Morris County calculated?

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

Last Updated March 1, 2025

Omaha, Morris County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.57%

Estimate Property Tax Bill

$1,498

$1,390

Ownwell’s Omaha Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Omaha with just two data points. By entering your property's estimated assessed value, our calculator applies Omaha’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 Morris. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Omaha, Morris County, Texas

Local government entities set tax rates, which can vary widely within a state. Annually, 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. Below, you can compare Omaha’s effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S. In Omaha, located in Morris County, the property tax rate stands at 1.57%, which is notably higher than the national median of 1.02%. This rate is consistent across the region, indicating uniformity in how property taxes are assessed locally. Understanding these figures can provide valuable insights into how property taxes in Omaha compare to both state and national averages, helping property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Omaha, Morris County, Texas

Source: Ownwell

1.39%

1.71%

2.04%

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 Omaha Tax Rate

1.57%

Median Effective Morris County Tax Rate

1.82%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Omaha, Morris County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75571	1.39%	1.57%	1.57%	2.05%	2.05%

Source: Ownwell

Property Tax Assessment Values Across Omaha, Morris County, Texas

When examining property taxes in Omaha, 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 Morris 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 Morris 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 Omaha. For example, the median home price in Omaha is $95,420, with tax bills ranging significantly across the county. ZIP code 75571 has the highest median home price at $95,420.

Property Tax Assessment Values Across Omaha, Morris County, Texas

Source: Ownwell

$50,770

$83,063

$115,355

Median Omaha Market Value

$95,420

Median Morris County Market Value

$87,670

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Omaha, Morris County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75571	$30,296	$56,970	$95,420	$160,780	$248,048

Source: Ownwell

Property Tax Bills Across Omaha, Morris County, Texas

In Omaha, located in Morris County, TX, property tax bills are calculated based on the assessed value of a home. The median home price here is $95,420. Homeowners face a median property tax bill of $1,614, which is significantly below the national median of $2,400. Property taxes are determined by multiplying the assessed value by the local tax rate. Various factors, such as property improvements and market trends, influence the assessed value. For homeowners, these taxes can represent a significant annual expense.

Ownwell assists homeowners by offering property tax appeal and exemption services. By analyzing local market data and leveraging their expertise, Ownwell identifies opportunities to challenge overassessments, potentially reducing tax liabilities. They guide homeowners through the appeals process, ensuring the best possible outcome. This service is particularly beneficial in a region like Omaha, where tax bills can vary significantly, with the 25th percentile at $924 and the 90th percentile reaching up to $3,822. With Ownwell's assistance, homeowners can achieve substantial savings on their property tax bills.

Property Tax Bills Across Omaha, Morris County, Texas

Source: Ownwell

$905

$1,260

$1,614

Median Omaha Tax Bill

$1,614

Median Morris County Tax Bill

$1,437

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Omaha, Morris County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75571	$466	$924	$1,614	$2,638	$3,822

Source: Ownwell

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
Morris Appraisal District
Website	search.morriscad.com