Seagraves, Terry County, Texas Property Taxes

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

Median Seagraves, TX effective property tax rate: 0.97%, significantly lower than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Seagraves, TX home value: $190,144
Median annual Seagraves, TX tax bill: $1,736, $664 lower than the national median property tax bill of $2,400.

How are property taxes in Terry County calculated?

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

Last Updated March 1, 2025

Seagraves, Terry County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.97%

Estimate Property Tax Bill

$1,844

$1,712

Ownwell’s Seagraves Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Seagraves with just two data points. By entering your property's estimated assessed value, our calculator applies Seagraves’ 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 Terry County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Seagraves, Terry County, Texas

Local government entities set tax rates, which can vary widely within a state. This variability is due to each county's annual process of estimating its required budget to provide essential services and dividing 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.

Seagraves in Terry County, Texas, offers a unique perspective on property tax rates. The effective property tax rate in Seagraves is 0.97%, which aligns with the highest and lowest median tax rates within the same zip code. This consistency in tax rates provides a stable environment for property owners, contrasting with the national median property tax rate of 1.02%. Additionally, the median property tax bill in Seagraves is notably lower than the national median of $2400, making it an attractive location for property investment. By understanding these dynamics, property owners can make informed decisions about their investments and potential savings through property tax appeals or exemptions.

Property Tax Rates Across Seagraves, Terry County, Texas

Source: Ownwell

0.97%

1.76%

2.55%

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 Seagraves Tax Rate

0.97%

Median Effective Terry County Tax Rate

2.37%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Seagraves, Terry County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79359	0.70%	0.83%	0.97%	1.80%	1.97%

Source: Ownwell

Property Tax Assessment Values Across Seagraves, Terry County, Texas

When examining property taxes in Seagraves, TX, 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 Terry 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 Terry 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 Seagraves.

For example, the median home price in Seagraves is $190,144, with tax bills ranging significantly across the county. ZIP code 79359 has the highest median home price at $190,144.

Property Tax Assessment Values Across Seagraves, Terry County, Texas

Source: Ownwell

$24,743

$107,444

$190,144

Median Seagraves Market Value

$190,144

Median Terry County Market Value

$43,944

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Seagraves, Terry County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79359	$54,064	$81,186	$190,144	$265,050	$310,361

Source: Ownwell

Property Tax Bills Across Seagraves, Terry County, Texas

In Seagraves, located in Terry County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. Although the median property tax rate in Texas is relatively low compared to the national median of 1.02%, homeowners in Seagraves still face significant tax bills. With the median home price at $190,144, the property tax bills can vary widely. For example, the 25th percentile tax bill is $1,163, while the 75th percentile reaches $3,470, and the 90th percentile soars to $5,551. This variation highlights the impact of property taxes on homeowners, with some paying more than double the national median tax bill of $2,400. Ownwell can assist homeowners in Seagraves by providing expert property tax appeal and exemption services. By analyzing individual property assessments and identifying potential discrepancies, Ownwell helps homeowners reduce their tax bills, ensuring they pay only their fair share. This tailored approach can lead to significant savings, offering financial relief to property owners.

Property Tax Bills Across Seagraves, Terry County, Texas

Source: Ownwell

$469

$1,103

$1,736

Median Seagraves Tax Bill

$1,736

Median Terry County Tax Bill

$844

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Seagraves, Terry County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79359	$929	$1,163	$1,736	$3,470	$5,551

Source: Ownwell