East Tawakoni, Rains County, Texas Property Taxes
- Median East Tawakoni, TX effective property tax rate: 4.89%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
- Median East Tawakoni, TX home value: $4,909
- Median annual East Tawakoni, TX tax bill: $240, $2,160 lower than the national median property tax bill of $2,400.
How are property taxes in Rains County calculated?
Property taxes in East Tawakoni, 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 East Tawakoni’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in East Tawakoni, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
East Tawakoni, Rains County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
4.89%
Estimate Property Tax Bill
$240
$223
Property Tax Rates Across East Tawakoni, Rains County, Texas
Local government entities set tax rates, which can vary widely within a state. 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 East Tawakoni, located in Rains County, Texas, the effective property tax rate stands out significantly. The median property tax rate here is notably higher than both the state and national averages. This means homeowners in East Tawakoni face a higher property tax burden compared to many other regions in Texas and across the U.S. With the national median property tax rate at 1.02% and the median property tax bill at $2,400, the contrast is stark.
This highlights the importance of property tax consulting services, as optimizing tax liabilities can lead to substantial savings. By understanding local tax regulations and leveraging available exemptions, homeowners can potentially reduce their tax burden.
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 East Tawakoni Tax Rate
4.89%
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 Rains County Tax Rate
1.71%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across East Tawakoni, Rains County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75472 | 1.79% | 1.79% | 4.89% | 5.05% | 7.47% |
Source: Ownwell
Property Tax Assessment Values Across East Tawakoni, Rains County, Texas
When examining property taxes in East Tawakoni, 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 Rains 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 Rains 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 East Tawakoni.
For example, the median home price in East Tawakoni is $4,909, with tax bills ranging significantly across the county. The zip code 75472 has the highest median home price at $4,909.
Property Tax Assessment Values Across East Tawakoni, Rains County, Texas
Source: Ownwell
$4,909
$112,356
$219,802
Median East Tawakoni Market Value
$4,909
Median Rains County Market Value
$62,105
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across East Tawakoni, Rains County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75472 | $2,228 | $2,317 | $4,909 | $14,749 | $75,523 |
Source: Ownwell
Property Tax Bills Across East Tawakoni, Rains County, Texas
Median East Tawakoni Tax Bill
$240
Median Rains County Tax Bill
$1,103
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across East Tawakoni, Rains County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75472 | $63 | $113 | $240 | $785 | $1,712 |
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 |