Talco, Titus County, Texas Property Taxes

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

Median Talco, TX effective property tax rate: 0.39%, significantly lower than the national median of 1.02%, but also lower than the Texas state median of 1.67%. Median Talco, TX home value: $74,850. Median annual Talco, TX tax bill: $221, $2,179 lower than the national median property tax bill of $2,400. How are property taxes in Titus County calculated? Property taxes in Talco, 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 Talco’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Talco, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Talco, Titus County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.39%

Estimate Property Tax Bill

$292

$271

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

Property Tax Rates Across Talco, Titus County, Texas

Local government entities determine tax rates, leading to significant variation within a state. This is because each county, such as Titus County, annually estimates the budget needed to provide services and divides it by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. Votes and laws also play a role in this process, but essentially, this is how it works each year. In Talco, the effective property tax rate is a noteworthy figure when compared to other cities in Texas and the national average. While the median property tax rate in Texas is lower than the national median of 1.02%, Talco's rate is even more competitive, providing a favorable environment for property owners. With the national median property tax bill at $2,400, Talco's rate offers potential savings for residents. This comparison highlights Talco as an attractive location for homeowners seeking to minimize their property tax burden while still enjoying the benefits of local government services.

Property Tax Rates Across Talco, Titus County, Texas

Source: Ownwell

0.37%

0.41%

0.46%

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 Talco Tax Rate

0.39%

Median Effective Titus County Tax Rate

0.41%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Talco, Titus County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75487	0.15%	0.27%	0.39%	0.47%	0.55%

Source: Ownwell

Property Tax Assessment Values Across Talco, Titus County, Texas

When examining property taxes in Talco, 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 Titus 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 Titus 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 Talco.

For example, the median home price in Talco is $74,850, with tax bills ranging significantly across the county. ZIP code 75487 has the highest median home price at $74,850.

Property Tax Assessment Values Across Talco, Titus County, Texas

Source: Ownwell

$44,461

$141,656

$238,851

Median Talco Market Value

$74,850

Median Titus County Market Value

$154,720

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Talco, Titus County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75487	$8,244	$20,204	$74,850	$136,094	$205,960

Source: Ownwell

Property Tax Bills Across Talco, Titus County, Texas

In Talco, located in Titus County, TX, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the market value of the home. Homeowners in Talco experience property tax bills that vary significantly. For example, the 25th percentile tax bill is $61, while the 75th percentile reaches $475, and the 90th percentile climbs to $754. The median tax bill in the area is $221, which is considerably lower than the national median of $2,400. These variations are influenced by factors such as property size, location, and local tax rates. High property tax bills can strain homeowners financially, making it essential to seek ways to reduce them. Ownwell offers property tax appeal and exemption services to help homeowners in Talco potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist in filing appeals, ensuring homeowners pay only their fair share.

Property Tax Bills Across Talco, Titus County, Texas

Source: Ownwell

$150

$605

$1,060

Median Talco Tax Bill

$221

Median Titus County Tax Bill

$573

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Talco, Titus County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75487	$26	$61	$221	$475	$754

Source: Ownwell

Don't miss the deadline to protest!

Dates
Appeal Deadline	May 15
Tax Bill
Issued	October 1
Due Date #1	November 30
Due Date #2	June 30

Links
Titus Appraisal District
Website	esearch.titus-cad.org