Strawn, Palo Pinto County, Texas Property Taxes

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

Median Strawn, 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 Strawn, TX home value: $131,130
Median annual Strawn, TX tax bill: $1,954, $446 lower than the national median property tax bill of $2,400.

How are property taxes in Palo Pinto calculated?

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

Last Updated March 1, 2025

Strawn, Palo Pinto 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

$2,059

$1,910

Ownwell’s Strawn Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Strawn with just two data points.

By entering your property's estimated assessed value, our calculator applies Strawn’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 Palo Pinto County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Strawn, Palo Pinto County, Texas

Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide essential services and then divides this 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 essentially the annual process.

In Strawn, located in Palo Pinto County, the effective property tax rate is 1.57%. This rate is notably higher than the national median property tax rate of 1.02%. Such a comparison highlights the variability in tax rates across different regions. Additionally, when compared to other cities in Texas, Strawn's rate aligns with the highest and lowest median tax rates within the state, both sitting at 1.57%. Understanding these figures is crucial for property owners, as it affects their annual tax bill and can influence decisions related to property investments and living costs.

Property Tax Rates Across Strawn, Palo Pinto County, Texas

Source: Ownwell

1.36%

1.58%

1.80%

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 Strawn Tax Rate

1.57%

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 Strawn, Palo Pinto County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76475	1.17%	1.34%	1.57%	1.57%	1.58%

Source: Ownwell

Property Tax Assessment Values Across Strawn, Palo Pinto County, Texas

When examining property taxes in Strawn, 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 Palo Pinto 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 Palo Pinto 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 Strawn. For example, the median home price in Strawn is $131,130, with tax bills ranging significantly across the county. Zip code 76475 has the highest median home price at $131,130.

Property Tax Assessment Values Across Strawn, Palo Pinto County, Texas

Source: Ownwell

$64,230

$230,070

$395,910

Median Strawn Market Value

$131,130

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 Strawn, Palo Pinto County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76475	$29,588	$60,520	$131,130	$355,050	$1,091,774

Source: Ownwell

Property Tax Bills Across Strawn, Palo Pinto County, Texas

Property tax bills in Strawn, located in Palo Pinto County, Texas, are determined by applying the local tax rate to the assessed value of a property. The assessed value is influenced by the property's market value, which can fluctuate based on real estate trends and improvements made to the home. Homeowners in Strawn face property tax bills that can vary significantly, with the 25th percentile at $841 and the 90th percentile reaching up to $16,820. The median property tax bill stands at $1,954, which is below the national median of $2,400, reflecting the generally lower property values in the area. However, even with lower median tax bills, the financial impact can be substantial for homeowners, particularly those with higher-valued homes. Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging expert knowledge and local data, Ownwell helps homeowners in Strawn potentially reduce their tax liabilities, ensuring they pay only their fair share and not a dollar more.

Property Tax Bills Across Strawn, Palo Pinto County, Texas

Source: Ownwell

$971

$3,355

$5,738

Median Strawn Tax Bill

$1,954

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 Strawn, Palo Pinto County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76475	$431	$841	$1,954	$5,395	$16,820

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
Palo Pinto Appraisal District
Website	iswdataclient.azurewebsites.net