Woodson, Throckmorton County, Texas Property Taxes

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

Median Woodson, TX effective property tax rate: 2.18%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Woodson, TX home value: $38,550
Median annual Woodson, TX tax bill: $797, $1,603 lower than the national median property tax bill of $2,400.

How are property taxes in Throckmorton County calculated?

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

Last Updated March 1, 2025

Woodson, Throckmorton County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.18%

Estimate Property Tax Bill

$840

$780

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

Property Tax Rates Across Woodson, Throckmorton County, Texas

Local government entities set property tax rates, which can vary widely within a state. This is because each county estimates its required budget annually 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 votes and laws are involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Woodson, located in Throckmorton County, Texas, the effective property tax rate is notably higher than the national median of 1.02%. This means homeowners in Woodson may find themselves paying more in property taxes compared to the national average, which can significantly impact their annual financial planning. The property tax rate in Woodson is consistent with the highest and lowest rates found within the same ZIP code, indicating a uniform approach to taxation in this area. This consistency can be beneficial for property owners seeking predictability in their tax obligations. However, it is essential for property owners to stay informed and consider appealing their property tax assessments if they believe their property has been over-assessed, potentially lowering their tax burden.

Property Tax Rates Across Woodson, Throckmorton County, Texas

Source: Ownwell

1.99%

2.39%

2.79%

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 Woodson Tax Rate

2.18%

Median Effective Throckmorton County Tax Rate

2.65%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Woodson, Throckmorton County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76491	1.47%	1.70%	2.18%	2.18%	2.18%

Source: Ownwell

Property Tax Assessment Values Across Woodson, Throckmorton County, Texas

When examining property taxes in Woodson, 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 Throckmorton 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.

Assessment notices: In Throckmorton 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 Woodson.

For example, the median home price in Woodson is $38,550, with tax bills ranging significantly across the county. 76491 has the highest median home price at $38,550.

Property Tax Assessment Values Across Woodson, Throckmorton County, Texas

Source: Ownwell

$38,550

$57,190

$75,830

Median Woodson Market Value

$38,550

Median Throckmorton County Market Value

$42,190

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Woodson, Throckmorton County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76491	$9,088	$19,625	$38,550	$66,900	$105,966

Source: Ownwell

Property Tax Bills Across Woodson, Throckmorton County, Texas

In Woodson, located in Throckmorton County, Texas, property tax bills are calculated based on the assessed value of a home multiplied by the local tax rate. The assessed value is determined by the county appraisal district and reflects the market value of the property. Homeowners in Woodson face a median property tax bill of $797, which is significantly lower than the national median of $2,400. However, for some, the tax bill can rise to $1,707, particularly for properties in the 90th percentile. Factors such as property size, location, and improvements can influence the assessed value, impacting the overall tax bill. This financial burden can be substantial for homeowners, especially when unexpected increases occur. Ownwell offers a solution by providing property tax appeal services, helping homeowners ensure their assessments are fair and accurate. By leveraging local expertise, Ownwell can identify discrepancies in assessed values and guide homeowners through the appeal process, potentially reducing their property tax bills and offering significant savings.

Property Tax Bills Across Woodson, Throckmorton County, Texas

Source: Ownwell

$797

$1,113

$1,429

Median Woodson Tax Bill

$797

Median Throckmorton County Tax Bill

$1,022

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Woodson, Throckmorton County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76491	$180	$385	$797	$1,241	$1,707

Source: Ownwell