Winona, Smith County, Texas Property Taxes
Median Winona, TX 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 Winona, TX home value: $107,888
Median annual Winona, TX tax bill: $1,519, $881 lower than the national median property tax bill of $2,400.
How are property taxes in Smith County calculated?
Property taxes in Winona, 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 Winona’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Winona, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Winona, Smith County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.54%
Estimate Property Tax Bill
$1,661
$1,542
$1,102
Average Tax Savings
Ownwell’s Winona Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Winona with just two data points.
By entering your property's estimated assessed value, our calculator applies Winona’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 more 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 Smith County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Winona, Smith County, Texas
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results 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. Below, you can compare Winona’s effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.
Winona, located in Smith County, Texas, has a median property tax rate of 1.54%, which aligns with the highest and lowest median tax rates in the area. This rate is significantly higher than the national median property tax rate of 1.02%. For homeowners in Winona, this means that property tax bills could be considerably higher than the national median bill of $2,400. Understanding these variations can help property owners make informed decisions about property investments and tax appeals in this region.
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 Winona 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 Smith County Tax Rate
1.53%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Winona, Smith County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75792 | 1.09% | 1.31% | 1.54% | 1.59% | 1.99% |
Source: Ownwell
$1,102
Average Winona Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Assessment Values Across Winona, Smith County, Texas
When examining property taxes in Winona, 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 Smith 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 Smith 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 Winona.
For example, the median home price in Winona is $107,888, with tax bills ranging significantly across the county. Zip code 75792 has the highest median home price at $107,888.
Property Tax Assessment Values Across Winona, Smith County, Texas
Source: Ownwell
$54,486
$197,290
$340,094
Median Winona Market Value
$107,888
Median Smith County Market Value
$202,951
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Winona, Smith County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75792 | $15,379 | $43,563 | $107,888 | $193,245 | $290,125 |
Source: Ownwell
$1,102
Average Winona Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Bills Across Winona, Smith County, Texas
Property tax bills in Winona, located in Smith County, TX, are calculated based on the assessed value of a property. The local tax rate is applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include the property's market value and any applicable exemptions or deductions. In Winona, the property tax bills can vary significantly, with the 25th percentile at $617 and the 75th percentile reaching $2,778. Comparatively, the national median property tax bill is $2,400, highlighting the variability within the region. The highest median tax bill in the area is $1,519, which is relatively moderate compared to other regions.
Homeowners in Winona can benefit from appealing their property assessments to ensure they are not overpaying. This is where Ownwell comes in, providing expert property tax appeal services. By leveraging local market data and understanding the nuances of the tax system, Ownwell can help homeowners potentially reduce their tax liabilities, ensuring they only pay what is fair and accurate.
Median Winona Tax Bill
$1,519
Median Smith County Tax Bill
$2,997
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Winona, Smith County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75792 | $232 | $617 | $1,519 | $2,778 | $4,410 |
Source: Ownwell
$1,102
Average Winona Tax Savings
Save on your property taxes & more with Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | January 31 |
Links | |
|---|---|
| Smith Appraisal District | |
| Phone | (903) 510-8600 |
| Website | www.smithcad.org |
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