Rice, Navarro County, Texas Property Taxes

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

Median Rice, TX effective property tax rate: 1.26%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Rice, TX home value: $123,525
Median annual Rice, TX tax bill: $1,119, $1,281 lower than the national median property tax bill of $2,400.

How are property taxes in Navarro calculated?

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

Last Updated March 1, 2025

Rice, Navarro County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.26%

Estimate Property Tax Bill

$1,556

$1,444

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

Property Tax Rates Across Rice, Navarro County, Texas

Local government entities set tax rates, which can vary widely within a state. The process involves each county estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

In Rice, located in Navarro County, Texas, the effective property tax rate is 1.26%, which is higher than the national median property tax rate of 1.02%. This places Rice above the national average, reflecting the county's budgetary needs and the value of taxable properties within its jurisdiction. Residents of Rice experience a property tax rate that matches the highest and lowest median tax rates in the area, as both are recorded at 1.26% in the zip code 75155. This uniformity underscores the consistency in tax assessments within Navarro County. Comparing Rice’s property tax rate to the national median, residents pay a higher percentage, which can impact overall affordability and cost of living in the region.

Property Tax Rates Across Rice, Navarro County, Texas

Source: Ownwell

0.42%

0.84%

1.26%

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 Rice Tax Rate

1.26%

Median Effective Navarro County Tax Rate

1.05%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Rice, Navarro County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75155	0.39%	0.74%	1.26%	1.67%	1.98%

Source: Ownwell

Property Tax Assessment Values Across Rice, Navarro County, Texas

When examining property taxes in Rice, 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 Navarro 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 Navarro 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 Rice. For example, the median home price in Rice is $123,525, with tax bills ranging significantly across the county. Zip code 75155 has the highest median home price at $123,525.

Property Tax Assessment Values Across Rice, Navarro County, Texas

Source: Ownwell

$105,610

$277,670

$449,730

Median Rice Market Value

$123,525

Median Navarro County Market Value

$152,655

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Rice, Navarro County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75155	$12,540	$35,215	$123,525	$245,042	$373,161

Source: Ownwell

Property Tax Bills Across Rice, Navarro County, Texas

In Rice, located in Navarro County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county's appraisal district. The median home price in Rice stands at $123,525. Property taxes are levied by various taxing entities, including the county, school districts, and other local authorities. The median property tax bill in Rice is $1,119, which is significantly lower than the national median of $2,400. However, tax bills can vary widely, with the 25th percentile at $345 and the 90th percentile reaching $4,355, reflecting differences in property values and tax rates. Homeowners may find their tax bills influenced by changes in assessed values or shifts in tax rates. Ownwell offers valuable services to homeowners by providing property tax appeal and exemption assistance. By ensuring that a property's assessed value is fair and accurate, Ownwell can help homeowners potentially reduce their property tax burden, leading to significant savings.

Property Tax Bills Across Rice, Navarro County, Texas

Source: Ownwell

$763

$1,389

$2,015

Median Rice Tax Bill

$1,119

Median Navarro County Tax Bill

$1,415

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Rice, Navarro County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75155	$166	$345	$1,119	$2,388	$4,355

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
Navarro Appraisal District
Website	esearch.navarrocad.com