Ira, Scurry County, Texas Property Taxes
Median Ira, Texas effective property tax rate: 1.54%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%. Median Ira, Texas home value: $83,954. Median annual Ira, Texas tax bill: $889, $1,511 lower than the national median property tax bill of $2,400.
How are property taxes in Scurry County calculated?
Property taxes in Ira, Texas 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 Ira’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ira, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ira, Scurry County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.54%
Estimate Property Tax Bill
$1,293
$1,200
Ownwell’s IRA Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in IRA with just two data points.
By entering your property's estimated assessed value, our calculator applies IRA’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 Scurry County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Ira, Scurry County, Texas
Local government entities in Texas are responsible for setting tax rates, which can vary widely across the state. Each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. This process involves votes and laws to finalize tax rates and budgets.
In IRA, located in Scurry County, the effective property tax rate is a reflection of this process. When comparing IRA's property tax rate to other cities in Texas, it aligns with the state's median rate of 1.54%. This is significantly higher than the national median property tax rate of 1.02%. The variation in property tax rates across Texas can be attributed to different budgetary needs and property values within each county. For residents of IRA, understanding how these rates are determined can provide insight into their annual property tax bills and help them make informed decisions about property ownership and investment.
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 Ira Tax Rate
1.54%
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 Scurry County Tax Rate
1.50%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ira, Scurry County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79527 | 0.51% | 0.87% | 1.54% | 1.91% | 2.25% |
Source: Ownwell
Property Tax Assessment Values Across Ira, Scurry County, Texas
When examining property taxes in IRA, 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 Scurry 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 Scurry County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 IRA. For example, the median home price in IRA is $83,954, with tax bills ranging significantly across the county. ZIP code 79527 has the highest median home price at $83,954.
Median Ira Market Value
$83,954
Median Scurry County Market Value
$80,259
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ira, Scurry County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79527 | $10,524 | $28,827 | $83,954 | $152,867 | $216,665 |
Source: Ownwell
Property Tax Bills Across Ira, Scurry County, Texas
In IRA, located in Scurry County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. In this region, the median home price is $83,954, and property tax bills can vary significantly. For example, the 25th percentile tax bill is $324, while the 75th percentile is $2,002, and the 90th percentile reaches $3,617. These figures highlight the variation in tax bills that homeowners can experience, depending on the assessed value of their property and applicable exemptions.
Homeowners in IRA can benefit from services like those offered by Ownwell, which specializes in property tax appeals and exemptions. By leveraging expert knowledge and resources, Ownwell can potentially reduce property tax bills, making homeownership more affordable. With the national median property tax rate at 1.02% and a median bill of $2,400, homeowners in IRA have the opportunity to ensure their tax assessments are fair and accurate, potentially leading to significant savings.
Median Ira Tax Bill
$889
Median Scurry County Tax Bill
$996
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Ira, Scurry County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79527 | $147 | $324 | $889 | $2,002 | $3,617 |
Source: Ownwell
Don't miss the deadline to protest!
Dates |
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Links | |
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| Scurry Appraisal District | |
| Website | esearch.scurrytex.com |