Franklin, Robertson County, Texas Property Taxes

Name: Property Tax Bills Across Franklin, Robertson County, Texas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Franklin, TX effective property tax rate: 1.11%, slightly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Franklin, TX home value: $185,294
Median annual Franklin, TX tax bill: $1,464, $936 lower than the national median property tax bill of $2,400.

How are property taxes in Robertson calculated?

Property taxes in Franklin, 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 Franklin’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Franklin, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Franklin, Robertson County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.11%

Estimate Property Tax Bill

$2,057

$1,909

Ownwell’s Franklin Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Franklin with just two data points. By entering your property's estimated assessed value, our calculator applies Franklin’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Robertson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Franklin, Robertson County, Texas

Local government entities are responsible for setting tax rates, leading to significant variations within a state. Each year, counties determine the necessary budget to fund services and divide this by the total value of all taxable property in their jurisdiction. This calculation establishes the property tax rate. While votes and regulations play a role in setting these rates and budgets, this is essentially the annual process.

Franklin in Robertson County, Texas, offers a glimpse into these variations. The city's effective property tax rate can be compared to other cities within Texas and against the median property tax rates both in Texas and across the United States. With a median property tax rate of 1.11%, Franklin's rate stands above the national median of 1.02%. This reflects the diverse landscape of property taxation across the country. Understanding these differences is crucial for property owners seeking to manage their tax liabilities effectively. By staying informed, property owners in Franklin can make strategic decisions to optimize their property tax outcomes.

Property Tax Rates Across Franklin, Robertson County, Texas

Source: Ownwell

0.34%

0.78%

1.22%

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 Franklin Tax Rate

1.11%

Median Effective Robertson County Tax Rate

1.09%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Franklin, Robertson County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
77856	0.24%	0.57%	1.11%	1.39%	1.64%

Source: Ownwell

Property Tax Assessment Values Across Franklin, Robertson County, Texas

When examining property taxes in Franklin, Texas, 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 Robertson 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 Robertson 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 Franklin. For example, the median home price in Franklin is $185,294, with tax bills ranging significantly across the county. Zip code 77856 has the highest median home price at $185,294.

Property Tax Assessment Values Across Franklin, Robertson County, Texas

Source: Ownwell

$74,366

$156,571

$238,775

Median Franklin Market Value

$185,294

Median Robertson County Market Value

$118,900

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Franklin, Robertson County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
77856	$23,009	$68,262	$185,294	$353,954	$555,446

Source: Ownwell

Property Tax Bills Across Franklin, Robertson County, Texas

In Franklin, located in Robertson County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Franklin is $185,294, which influences the tax bill amount. Homeowners in this area experience a wide range of tax bills, with the 25th percentile paying around $484 and the 90th percentile paying up to $5,340. The median property tax bill in Franklin is $1,464, which is below the national median of $2,400. This discrepancy highlights the impact of different assessed values and local tax rates on homeowners' financial obligations. For homeowners in Franklin, understanding these factors is crucial for managing expenses. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners potentially reduce their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell can assist in lowering tax bills, providing significant savings and financial relief for homeowners in Franklin.

Property Tax Bills Across Franklin, Robertson County, Texas

Source: Ownwell

$588

$1,026

$1,464

Median Franklin Tax Bill

$1,464

Median Robertson County Tax Bill

$993

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Franklin, Robertson County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
77856	$171	$484	$1,464	$3,399	$5,340

Source: Ownwell