Red River County, Texas Property Taxes

Local government entities in Texas set tax rates, which can vary widely across the state. This variation stems from the fact that each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting 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 Red River County, the effective property tax rate sits at 1.66%, significantly above the national median of 1.02%. Within the county, the city of Deport has the highest median tax rate at 1.80%, while De Kalb boasts the lowest at 0.75%. This range highlights the diversity in property tax rates even within a single county. Comparing these figures to the national median property tax bill of $2,400 emphasizes the importance of understanding local tax rates. By doing so, property owners can better anticipate their tax obligations and explore potential savings through appeals or exemptions.

Property tax bills in Red River County, TX, are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the market value, which is determined by the county appraisal district. This process considers factors such as location, size, and condition of the property. The resulting tax bill impacts homeowners significantly, as it represents a recurring cost that can influence overall affordability.

In Red River County, the property tax landscape shows considerable variation. For example, the median home price is $92,290, and median tax bills can range from $881 in Annona to $1,769 in Deport. The 25th percentile tax bill is $515, while the 75th percentile reaches $2,287, and the 90th percentile climbs to $3,531. These figures highlight the potential financial burden on homeowners, especially when compared to the national median property tax bill of $2,400. Understanding these dynamics is crucial for homeowners looking to manage their expenses and evaluate the true cost of owning property in this region.