Tenaha, Panola County, Texas Property Taxes
Median Tenaha, TX 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 Tenaha, TX home value: $68,715
Median annual Tenaha, TX tax bill: $973, $1,427 lower than the national median property tax bill of $2,400.
How are property taxes in Panola County calculated?
Property taxes in Tenaha, 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 Tenaha’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tenaha, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Tenaha, Panola County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.51%
Estimate Property Tax Bill
$1,038
$963
Property Tax Rates Across Tenaha, Panola 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.
In Tenaha, Panola County, Texas, the effective property tax rate stands at 1.51%. This rate is notably higher than the national median property tax rate of 1.02%. Interestingly, within the state of Texas, Tenaha’s rate represents both the highest and lowest median tax rates for its zip code, 75974, indicating a consistency across the board in this area.
When compared to the national median property tax bill of $2,400, property owners in Tenaha may find themselves paying more due to the higher tax rate. This makes understanding and potentially appealing your property tax assessment essential to managing costs 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 Tenaha Tax Rate
1.51%
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 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 Tenaha, Panola County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75974 | 1.36% | 1.43% | 1.51% | 1.51% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Tenaha, Panola County, Texas
When examining property taxes in Tenaha, 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.
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 Tenaha. For example, the median home price in Tenaha is $68,715, with tax bills ranging significantly across the county. 75974 has the highest median home price at $68,715.
Property Tax Assessment Values Across Tenaha, Panola County, Texas
Source: Ownwell
$50,925
$95,350
$139,775
Median Tenaha Market Value
$68,715
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 Tenaha, Panola County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75974 | $12,446 | $30,112 | $68,715 | $128,625 | $209,682 |
Source: Ownwell
Property Tax Bills Across Tenaha, Panola County, Texas
Median Tenaha Tax Bill
$973
Median Panola County Tax Bill
$1,139
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Tenaha, Panola County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75974 | $188 | $439 | $973 | $1,924 | $3,159 |
Source: Ownwell