Adrian, Oldham County, Texas Property Taxes
Median Adrian, TX effective property tax rate: 1.49%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Adrian, TX home value: $87,755
Median annual Adrian, TX tax bill: $1,373, $1,027 lower than the national median property tax bill of $2,400.
How are property taxes in Oldham calculated?
Property taxes in Adrian, 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 Adrian’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Adrian, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Adrian, Oldham County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.49%
Estimate Property Tax Bill
$1,308
$1,213
Property Tax Rates Across Adrian, Oldham County, Texas
Local government entities set tax rates, which can vary widely within a state. This variation occurs because 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 Adrian’s effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.
In Adrian, located in Oldham County, the property tax dynamics reflect the unique fiscal needs and property values of the area. The effective property tax rate here is 1.49%, which is notably higher than the national median rate of 1.02%. This rate is consistent across Oldham County, indicating that property owners in Adrian face a relatively higher tax burden compared to the national average. Understanding these local tax rates is crucial for property owners seeking to manage their expenses and explore potential tax appeal opportunities.
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 Adrian Tax Rate
1.49%
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 Oldham County Tax Rate
2.47%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Adrian, Oldham County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79001 | 1.49% | 1.49% | 1.49% | 1.49% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Adrian, Oldham County, Texas
When examining property taxes in Adrian, 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 Oldham 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 Oldham 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 Adrian.
For example, the median home price in Adrian is $87,755, with tax bills ranging significantly across the county. ZIP code 79001 has the highest median home price at $87,755.
Property Tax Assessment Values Across Adrian, Oldham County, Texas
Source: Ownwell
$57,400
$72,578
$87,755
Median Adrian Market Value
$87,755
Median Oldham County Market Value
$69,505
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Adrian, Oldham County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79001 | $39,291 | $52,080 | $87,755 | $149,350 | $242,596 |
Source: Ownwell
Property Tax Bills Across Adrian, Oldham County, Texas
In Adrian, located in Oldham County, TX, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is determined by the county appraisal district and is a percentage of the market value of the property. Factors such as property location, size, and improvements can influence this assessed value. Homeowners in Adrian face a median property tax bill of $1,373, which is below the national median of $2,400. However, tax bills can range significantly, with the 25th percentile at $779 and the 90th percentile reaching $3,627, reflecting the diversity in property values and tax rates within the area.
For homeowners in Adrian, managing property taxes can be challenging. Ownwell offers valuable assistance by providing property tax appeal services. By reviewing and potentially contesting the assessed value of a home, Ownwell can help reduce the tax burden. This service not only saves money but also ensures that homeowners are paying a fair amount, aligning their tax bills more closely with the actual value of their property.
Median Adrian Tax Bill
$1,373
Median Oldham County Tax Bill
$1,461
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Adrian, Oldham County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79001 | $587 | $779 | $1,373 | $2,222 | $3,627 |
Source: Ownwell