Randall County Property Taxes

The median property tax rate in Randall County is 1.78%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Randall County, the typical annual property tax bill is around $4,007, which exceeds the national median of $2,690. Property taxes in Randall County are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Randall 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 Canyon or another part of Randall County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.

Last Updated June 14, 2024

Randall County Property Tax Bill Calculator

Property Assessed Value

$100,000

$2,500,000

$5,000,000

Average Tax Rate

1.67%

Estimate Property Tax Bill

$3,340

$2,192

$1,148

Average Randall County Tax Savings

Ownwell’s Randall County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Randall County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Randall County to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also highlights how Ownwell can help lower property taxes in Randall County. 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 Randall County, Texas

Property taxes in Randall County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Randall County is 1.78%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Randall County set these rates annually, and they can vary significantly between different areas within the county. Each year, Randall 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 Randall County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Amarillo has one of the higher property tax rates in Texas at 1.81%, while the city of Happy boasts one of the lowest at 0.95%. Analyzing how Randall County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.

Property Tax Rates Across Randall County, Texas

Source: Ownwell

0.28%

1.11%

1.94%

Average Randall County Tax Rate

1.78%

Average Texas Tax Rate

1.67%

Average United States Tax Rate

0.99%

Property Tax Rates Across Randall County, Texas

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Amarillo	1.36%	1.70%	1.81%	1.94%	1.95%
Bushland	N/A	N/A	N/A	N/A	N/A
Canyon	1.20%	1.38%	1.61%	1.76%	1.76%
Claude	0.46%	0.92%	0.95%	1.30%	1.34%
Happy	0.30%	0.79%	0.95%	1.22%	1.36%
Tx	N/A	N/A	N/A	N/A	N/A
Umbarger	0.94%	1.01%	1.40%	1.40%	1.40%
Wildorado	0.99%	1.03%	1.28%	1.40%	1.46%

Source: Ownwell

Property Tax Assessment Values Across Randall County, Texas

In Randall 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 Randall 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 Randall 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. For example, Amarillo has the highest median tax bill at $4,041, while Umbarger has the lowest at $1,491. Being aware of these valuation processes in Randall County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.

Property Tax Assessment Values Across Randall County, Texas

Source: Ownwell

$19,900

$180,093

$340,285

Average Randall County Assessed Value

$225,053

Average Texas Assessed Value

$247,950

Average United States Assessed Value

$244,900

Property Tax Assessment Values Across Randall County, Texas

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Amarillo	$78,661	$154,905	$223,352	$300,124	$423,564
Bushland	N/A	N/A	N/A	N/A	N/A
Canyon	$54,872	$140,795	$241,764	$353,721	$497,323
Claude	$61,871	$136,512	$201,410	$286,030	$401,837
Happy	$18,929	$84,854	$222,638	$307,238	$492,471
Tx	N/A	N/A	N/A	N/A	N/A
Umbarger	$35,379	$60,666	$132,903	$183,054	$196,860
Wildorado	$66,652	$96,186	$235,863	$364,234	$389,905

Source: Ownwell

Property Tax Bills Across Randall County, Texas

In Randall County, TX, property tax bills are calculated based on the assessed value of a home. The median home price in the county is $225,053, and the tax rates are applied to this assessed value. Factors such as property location, improvements, and market conditions influence the assessed value. Homeowners in Randall County face a wide range of tax bills, with the 25th percentile at $2,654, the 75th percentile at $5,302, and the 90th percentile reaching $6,863. Compared to the national median property tax rate of 0.99%, Randall County's rates can be significant, impacting homeowners' annual expenses. Ownwell assists homeowners by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell helps reduce the overall tax burden. This can lead to substantial savings, ensuring homeowners pay only their fair share. Whether you live in Amarillo, with the highest median tax bill of $4,041, or Umbarger, with the lowest at $1,491, Ownwell's services can make a meaningful difference.

Property Tax Bills Across Randall County, Texas

Source: Ownwell

$287

$3,021

$5,755

Average Randall County Tax Bill

$4,007

Average Texas Tax Bill

$3,971

Average United States Tax Bill

$2,690

Property Tax Bills Across Randall County, Texas

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Amarillo	$1,358	$2,754	$4,041	$5,321	$6,893
Bushland	N/A	N/A	N/A	N/A	N/A
Canyon	$836	$2,178	$3,775	$5,207	$6,754
Claude	$755	$1,859	$1,908	$3,727	$4,137
Happy	$211	$697	$2,014	$3,141	$4,998
Tx	N/A	N/A	N/A	N/A	N/A
Umbarger	$421	$712	$1,491	$1,808	$2,710
Wildorado	$984	$1,436	$2,872	$4,900	$6,274

Source: Ownwell

Want to lower your Randall County property taxes?

Looking to reduce your Randall County property taxes? Ownwell is the leading property tax protest company serving Randall County. We specialize in helping property owners in the Amarillo area and beyond lower their taxes by working directly with the Randall County Appraisal District. Through our tax monitoring service, we collect all necessary information to maximize your tax reductions. We navigate the complexities of the Randall County property tax protest process and identify all available property tax exemptions so you don’t have to. Whether you are a homeowner, a real estate investor, or an asset manager, our local team at Ownwell has the expertise to assess your current property tax situation and identify strategic opportunities for reducing your tax burden. By managing the protest process from beginning to end, we not only simplify the procedure but also increase your chances of obtaining a favorable result. Let Ownwell be your trusted partner in lowering your Randall County property tax expenses through our proven strategies and expert advocacy.

Property Tax Protests in Texas

In Randall County, TX, homeowners have the right to protest their property tax assessments if they believe their property has been over-assessed. The property tax protest process begins with the homeowner filing a formal protest with the Randall County Appraisal District. This protest must be submitted by the deadline stated on the appraisal notice, typically May 15th or within 30 days of the notice being sent, whichever is later. Once the protest is filed, the homeowner will receive a notice of the hearing date from the Appraisal Review Board (ARB), an independent panel that listens to property tax appeals. Before the hearing, homeowners can gather evidence to support their case, such as recent sales data of comparable properties, independent appraisals, or evidence of any discrepancies in the property assessment. During the ARB hearing, homeowners present their evidence and arguments. The appraisal district also presents its case. The ARB then reviews the evidence from both sides and makes a determination. Potential outcomes of the protest can include a reduction in the assessed value of the property, which would lower the property tax bill, or the ARB may decide to uphold the original assessment. Ownwell can assist homeowners throughout this process by providing expert guidance and representation. Our team of property tax consultants can help gather the necessary evidence, prepare a compelling case, and represent the homeowner during the ARB hearing. With Ownwell's expertise, homeowners can increase their chances of a successful appeal, potentially saving significant amounts on their property tax bills.

Exemptions in Texas

Randall County, Texas, offers several property tax exemption programs designed to provide relief to eligible homeowners. One of the most significant exemptions is the Homestead Exemption, which is available to homeowners who use the property as their primary residence. This exemption can substantially reduce the taxable value of the home, leading to lower property taxes. Another important exemption is the Over-65 Exemption, which benefits senior citizens by further reducing the taxable value of their primary residence. Homeowners who are disabled can also take advantage of the Disability Exemption, offering similar benefits to those provided to senior citizens. Additionally, veterans and their surviving spouses may qualify for the Disabled Veterans Exemption, which provides significant tax relief based on the degree of disability. To apply for these exemptions, homeowners in Randall County need to submit the appropriate application forms to the county appraisal district, along with any required documentation, such as proof of age, disability, or veteran status. Ownwell can assist homeowners in navigating these exemption programs by providing expert guidance and support throughout the application process. By leveraging our knowledge and experience, we can help ensure that homeowners receive the maximum tax relief they are entitled to, making homeownership more affordable and less stressful.

Available Exemptions