Graford, Palo Pinto County, Texas Property Taxes
Median Graford, TX effective property tax rate: 1.48%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Graford, TX home value: $329,080
Median annual Graford, TX tax bill: $4,667, $2,267 higher than the national median property tax bill of $2,400.
How are property taxes in Palo Pinto County calculated?
Property taxes in Graford, 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 Graford’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Graford, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Graford, Palo Pinto County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.48%
Estimate Property Tax Bill
$4,870
$4,520
Property Tax Rates Across Graford, Palo Pinto 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. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.
Graford in Palo Pinto County, TX, exemplifies this variation in tax rates. With an effective property tax rate of 1.48%, it stands above the national median of 1.02%. This rate is consistent across the county, as indicated by the highest and lowest median tax rates in the area being the same. Comparing Graford's rate to other cities in Texas, it is evident that property tax rates can significantly differ, reflecting the unique budgetary needs and property values of each locality. Understanding these differences can be crucial for property owners looking to manage their tax liabilities effectively.
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 Graford Tax Rate
1.48%
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 Palo Pinto County Tax Rate
1.57%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Graford, Palo Pinto County, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76449 | 1.19% | 1.36% | 1.48% | 1.48% | 1.61% |
Source: Ownwell
Property Tax Assessment Values Across Graford, Palo Pinto County, Texas
Property Tax Assessment Values Across Graford, Palo Pinto County, Texas
Source: Ownwell

$64,230
$230,070
$395,910
Median Graford Market Value
$329,080
Median Palo Pinto County Market Value
$144,560
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Graford, Palo Pinto County, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76449 | $36,603 | $86,918 | $329,080 | $768,048 | $1,400,217 |
Source: Ownwell
Property Tax Bills Across Graford, Palo Pinto County, Texas
Median Graford Tax Bill
$4,667
Median Palo Pinto County Tax Bill
$2,369
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Graford, Palo Pinto County, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76449 | $543 | $1,266 | $4,667 | $11,073 | $20,412 |
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 | |
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Palo Pinto Appraisal District | |
Website | iswdataclient.azurewebsites.net |