Rains County Property Taxes
The median property tax rate in Rains County is 1.71%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $62,105 in Rains County, the typical annual property tax bill amounts to $1,103, which is still below the national median of $2,690. Property taxes in Rains County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Rains County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Emory or another part of Rains County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rains County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.71%
Estimate Property Tax Bill
$1,062
$983
Ownwell’s Rains County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Rains County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Rains County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Rains County, Texas
Property taxes in Rains County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Rains County is 1.71%, which is higher than both the Texas state median of 1.6% and the U.S. national median of 0.99%. Local government entities within Rains County set these rates annually, and they can vary significantly between different areas within the county. Each year, Rains County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Rains County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of East Tawakoni has one of the higher property tax rates in Texas at 4.89%, while the city of Brashear boasts one of the lowest at 1.21%. Analyzing how Rains County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Rains County Tax Rate
1.71%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rains County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alba | 0.62% | 1.12% | 1.48% | 1.65% | 1.76% |
| Alleyton | 2.22% | 2.22% | 2.22% | 2.22% | 2.22% |
| Brashear | 0.44% | 0.85% | 1.21% | 1.58% | 1.71% |
| East Tawakoni | 1.79% | 1.79% | 4.89% | 5.05% | 7.47% |
| Emory | 1.19% | 1.47% | 1.62% | 1.76% | 2.01% |
| Lone Oak | 1.06% | 1.46% | 1.75% | 3.33% | 3.33% |
| Northwood | 3.66% | 3.66% | 3.66% | 3.66% | 3.66% |
| Point | 1.31% | 1.57% | 1.85% | 2.20% | 4.27% |
| Shipp Addn | 1.75% | 1.75% | 1.75% | 1.75% | 1.75% |
| Yantis | 0.37% | 1.01% | 1.45% | 1.76% | 1.76% |
Source: Ownwell
Property Tax Assessment Values Across Rains County, Texas
In Rains County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Rains County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Rains County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In Rains County, property tax bills vary significantly. For instance, Alleyton has the highest median tax bill at $3,174, while Northwood has the lowest at $220. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Rains County Assessed Value
$62,105
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rains County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alba | $16,698 | $47,856 | $139,454 | $310,370 | $492,900 |
| Alleyton | $142,774 | $142,774 | $142,774 | $142,774 | $142,774 |
| Brashear | $73,374 | $150,051 | $219,802 | $599,501 | $990,789 |
| East Tawakoni | $2,228 | $2,317 | $4,909 | $14,749 | $75,523 |
| Emory | $2,994 | $15,283 | $74,812 | $198,521 | $367,120 |
| Lone Oak | $3,850 | $7,144 | $72,788 | $150,474 | $286,791 |
| Northwood | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 |
| Point | $1,300 | $7,560 | $54,244 | $146,149 | $256,054 |
| Shipp Addn | $51,542 | $51,542 | $51,542 | $51,542 | $51,542 |
| Yantis | $18,525 | $33,314 | $126,650 | $172,882 | $293,678 |
Source: Ownwell
Property Tax Bills Across Rains County, Texas
In Rains County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, with a median home price of $62,105, homeowners can expect varying tax bills depending on their property's assessed value and specific tax rate. Key factors influencing the tax bill include the property's market value, any applicable exemptions, and the specific tax rates set by local taxing entities such as school districts and municipalities. For example, homeowners in Rains County can see tax bills ranging from $266 at the 25th percentile to $4,827 at the 90th percentile, reflecting the diversity in property values and tax rates within the county. This variability in tax bills significantly impacts homeowners, with those in cities like Alleyton facing the highest median tax bill of $3,174, while those in Northwood experience the lowest median tax bill at $220. Understanding these factors helps homeowners anticipate their annual property tax obligations and plan accordingly.
Average Rains County Tax Bill
$1,103
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Rains County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alba | $297 | $775 | $1,891 | $3,791 | $6,429 |
| Alleyton | $3,174 | $3,174 | $3,174 | $3,174 | $3,174 |
| Brashear | $435 | $1,133 | $3,007 | $4,929 | $11,834 |
| East Tawakoni | $63 | $113 | $240 | $785 | $1,712 |
| Emory | $50 | $270 | $1,260 | $2,993 | $5,437 |
| Lone Oak | $128 | $192 | $1,127 | $2,243 | $4,201 |
| Northwood | $220 | $220 | $220 | $220 | $220 |
| Point | $25 | $289 | $1,022 | $2,534 | $4,169 |
| Shipp Addn | $901 | $901 | $901 | $901 | $901 |
| Yantis | $260 | $380 | $1,447 | $2,108 | $2,224 |
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 | |
|---|---|
| Rains Appraisal District | |
| Website | esearch.rainscad.org |