Long Branch, Panola County, Texas Property Taxes

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

Median Long Branch, Texas effective property tax rate: 1.51%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Long Branch, Texas home value: $67,650
Median annual Long Branch, Texas tax bill: $982, $1,418 lower than the national median property tax bill of $2,400.

How are property taxes in Panola calculated?

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

Last Updated March 1, 2025

Long Branch, Panola County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.51%

Estimate Property Tax Bill

$1,022

$948

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

By entering your property's estimated assessed value, our calculator applies Long Branch’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 Panola County.

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

Property Tax Rates Across Long Branch, Panola County, Texas

Local government entities are responsible for setting tax rates, which can vary significantly within Texas. Each year, counties estimate their required budget for public services and divide this amount by the total value of all taxable properties within their jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

Let's take a closer look at Long Branch in Panola County, Texas. The effective property tax rate here can be compared to other cities across Texas, as well as the median property tax rates in the state and the U.S. With a median property tax rate of 1.51%, Texas stands above the national median of 1.02%. The median property tax bill in Texas also surpasses the national median of $2,400. Understanding these differences can help property owners in Long Branch make informed decisions about their tax appeals and exemptions. By staying informed, property owners can ensure they are not overpaying and can take advantage of any available exemptions.

Property Tax Rates Across Long Branch, Panola County, Texas

Source: Ownwell

1.30%

1.53%

1.76%

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 Long Branch Tax Rate

1.51%

Median Effective Panola County Tax Rate

1.51%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Long Branch, Panola County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75669	1.35%	1.46%	1.51%	1.51%	1.51%

Source: Ownwell

Property Tax Assessment Values Across Long Branch, Panola County, Texas

When examining property taxes in Long Branch, 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 Panola 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 Panola 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 Long Branch. For example, the median home price in Long Branch is $67,650, with tax bills ranging significantly across the county. 75669 has the highest median home price at $67,650.

Property Tax Assessment Values Across Long Branch, Panola County, Texas

Source: Ownwell

$50,925

$95,350

$139,775

Median Long Branch Market Value

$67,650

Median Panola County Market Value

$71,020

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Long Branch, Panola County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75669	$11,538	$26,695	$67,650	$139,340	$228,586

Source: Ownwell

Property Tax Bills Across Long Branch, Panola County, Texas

In Long Branch, Panola County, TX, property tax bills are determined by assessing the market value of a home and applying the local tax rate. With a median home price of $67,650, homeowners in Long Branch face property tax bills that can range significantly. While the 25th percentile tax bill is $395, the 75th percentile reaches $2,085, and the 90th percentile can be as high as $3,452. These figures highlight the potential financial burden on homeowners, especially when compared to the national median property tax bill of $2,400 and a tax rate of 1.02%. The highest and lowest median tax bills in Long Branch are both recorded at $982, indicating some consistency in certain areas. Homeowners looking to reduce their property tax burden can benefit from Ownwell's expertise. By assisting with property tax appeals and exemption services, Ownwell can help ensure that property assessments are fair and accurate, potentially leading to significant savings on annual tax bills.

Property Tax Bills Across Long Branch, Panola County, Texas

Source: Ownwell

$704

$1,250

$1,796

Median Long Branch Tax Bill

$982

Median Panola County Tax Bill

$1,139

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Long Branch, Panola County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75669	$170	$395	$982	$2,085	$3,452

Source: Ownwell