Point, Rains County, Texas Property Taxes
Median Point, TX effective property tax rate: 1.85%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Point, TX home value: $54,244
Median annual Point, TX tax bill: $1,022, $1,378 lower than the national median property tax bill of $2,400.
How are property taxes in Rains County calculated?
Property taxes in Point, 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 Point’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Point, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Point, Rains County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.85%
Estimate Property Tax Bill
$1,004
$931
Property Tax Rates Across Point, Rains County, Texas
Local government entities determine property tax rates, which can vary significantly within a state. This variation stems from each county's annual budget assessment to provide necessary services. The budget is divided by the total assessed value of all taxable properties in the area, resulting in the property tax rate. Although votes and legislation play a role in this process, this is the core method used each year.
In Point, located in Rains County, Texas, the effective property tax rate stands at 1.85%, which is notably higher than the national median property tax rate of 1.02%. This means that property owners in Point face a higher tax burden compared to the national average. However, when compared to the state of Texas, where the median property tax rate aligns with Point's rate at 1.85%, the burden is consistent. This comparison highlights the variability of property tax rates at the local level and underscores the importance of understanding how these rates are determined and how they impact property owners in different regions.
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 Point Tax Rate
1.85%
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 Point, Rains County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75472 | 1.31% | 1.57% | 1.85% | 2.20% | 4.27% |
Source: Ownwell
Property Tax Assessment Values Across Point, Rains County, Texas
When examining property taxes in Point, 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 Point.
For example, the median home price in Point is $54,244, with tax bills ranging significantly across the county. Zip code 75472 has the highest median home price at $54,244.
Property Tax Assessment Values Across Point, Rains County, Texas
Source: Ownwell
$4,909
$112,356
$219,802
Median Point Market Value
$54,244
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 Point, Rains County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75472 | $1,300 | $7,560 | $54,244 | $146,149 | $256,054 |
Source: Ownwell
Property Tax Bills Across Point, Rains County, Texas
Property tax bills in Point, located in Rains County, TX, are calculated based on the assessed value of a property. Unlike the market value, the assessed value is used to determine the tax bill, which is then multiplied by the local tax rate. In Point, the median property tax bill is $1,022, significantly lower than the national median of $2,400. Homeowners in this region face varying tax bills, with the 25th percentile at $289 and the 75th percentile reaching $2,534, indicating a wide range of property tax burdens. The 90th percentile tax bill climbs to $4,169, reflecting the potential financial impact on homeowners.
Factors influencing the tax bill include property size, location, and improvements. High property taxes can strain homeowners, making it essential to explore ways to reduce them. Ownwell assists homeowners by identifying potential savings through appeals and exemptions, ensuring they pay only their fair share. By leveraging expertise in property tax assessment, Ownwell can help homeowners in Point reduce their tax bills and alleviate financial pressure.
Median Point Tax Bill
$1,022
Median Rains County Tax Bill
$1,103
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Point, Rains County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75472 | $25 | $289 | $1,022 | $2,534 | $4,169 |
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 |