Dryden, Terrell County, Texas Property Taxes
Median Dryden, TX effective property tax rate: 1.61%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%. Median Dryden, TX home value: $37,860. Median annual Dryden, TX tax bill: $477, $1,923 lower than the national median property tax bill of $2,400.
How are property taxes in Terrell calculated?
Property taxes in Dryden, 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 Dryden’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dryden, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Dryden, Terrell County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.61%
Estimate Property Tax Bill
$610
$566
Property Tax Rates Across Dryden, Terrell County, Texas
Local government entities determine property tax rates, leading to significant variations within a state. This process involves counties estimating their budgetary needs for services and dividing that by the total assessed value of all taxable properties in their area, resulting in the property tax rate. While votes and regulations play a role in setting these rates and budgets, this is essentially the annual procedure.
In Dryden, located in Terrell County, Texas, the effective property tax rate stands out when compared to other cities within the state. The median property tax rate in Texas is 1.61%, which is notably higher than the national median of 1.02%. This means that property owners in Dryden may face higher tax bills relative to other parts of the country. However, these rates are crucial for funding local services that residents rely on, such as schools, infrastructure, and public safety. Understanding these local tax rates can help property owners make informed decisions and potentially explore options for tax appeals or exemptions.
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 Dryden Tax Rate
1.61%
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 Terrell County Tax Rate
1.86%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Dryden, Terrell County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78851 | 0.26% | 0.61% | 1.61% | 1.68% | 1.85% |
Source: Ownwell
Property Tax Assessment Values Across Dryden, Terrell County, Texas
When examining property taxes in Dryden, 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 Terrell 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 Terrell 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 Dryden.
For example, the median home price in Dryden is $37,860, with tax bills ranging significantly across the county. Zip code 78851 has the highest median home price at $37,860.
Property Tax Assessment Values Across Dryden, Terrell County, Texas
Source: Ownwell
$35,085
$36,473
$37,860
Median Dryden Market Value
$37,860
Median Terrell County Market Value
$34,740
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Dryden, Terrell County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78851 | $12,427 | $15,873 | $37,860 | $83,194 | $169,249 |
Source: Ownwell
Property Tax Bills Across Dryden, Terrell County, Texas
In Dryden, located in Terrell County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. With a median home price of $37,860, homeowners in Dryden pay a property tax bill that typically ranges from $234 at the 25th percentile to $946 at the 75th percentile, with the 90th percentile reaching $1,191. This is significantly below the national median property tax bill of $2,400. The tax rate applied to the assessed value is crucial in determining the final bill, and it can vary based on local government budgets and voter-approved measures.
Homeowners in Dryden can benefit from appealing their property tax assessments to potentially lower their tax bills. This is where Ownwell comes in, offering expert property tax appeal services to help homeowners ensure their properties are not over-assessed. By leveraging local market insights and legal expertise, Ownwell can assist homeowners in reducing their property tax obligations, providing much-needed financial relief.
Median Dryden Tax Bill
$477
Median Terrell County Tax Bill
$612
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Dryden, Terrell County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78851 | $95 | $234 | $477 | $946 | $1,191 |
Source: Ownwell