Eola, Tom Green County, Texas Property Taxes

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

Median Eola, TX effective property tax rate: 0.82%, significantly lower than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Eola, TX home value: $323,840
Median annual Eola, TX tax bill: $2,366, $34 lower than the national median property tax bill of $2,400.

How are property taxes in Tom Green calculated?

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

Last Updated March 1, 2025

Eola, Tom Green County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.82%

Estimate Property Tax Bill

$2,655

$2,464

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

Property Tax Rates Across Eola, Tom Green County, Texas

Local government entities set tax rates, which can vary widely within a state. 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 Eola’s effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.

Property Tax Rates Across Eola, Tom Green County, Texas

Source: Ownwell

0.38%

0.93%

1.47%

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 Eola Tax Rate

0.82%

Median Effective Tom Green County Tax Rate

1.11%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Eola, Tom Green County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76937	0.40%	0.61%	0.82%	1.19%	1.44%

Source: Ownwell

Property Tax Assessment Values Across Eola, Tom Green County, Texas

When examining property taxes in Eola, 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 Tom Green 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 Tom Green 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 Eola.

For example, the median home price in Eola is $323,840, with tax bills ranging significantly across the county. Zip code 76937 has the highest median home price at $323,840.

Property Tax Assessment Values Across Eola, Tom Green County, Texas

Source: Ownwell

$111,550

$332,085

$552,620

Median Eola Market Value

$323,840

Median Tom Green County Market Value

$186,425

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Eola, Tom Green County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76937	$77,908	$212,780	$323,840	$441,770	$696,710

Source: Ownwell

Property Tax Bills Across Eola, Tom Green County, Texas

In Eola, Tom Green County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor's office. This assessed value is then multiplied by the local tax rate to determine the property tax bill. The median home price in the area is $323,840, and while the national median property tax rate is 1.02%, local rates can vary, affecting homeowners differently. For instance, tax bills in Eola range significantly, with the 25th percentile at $1,177 and the 90th percentile reaching $5,358. This disparity highlights the importance of understanding local tax assessments and potential savings. Ownwell assists homeowners by providing expert property tax appeal and exemption services, potentially lowering tax bills. By analyzing individual property assessments and identifying discrepancies, Ownwell helps ensure homeowners are not overpaying. This service is crucial for those in Eola, where tax bills can vary widely, offering significant savings opportunities.

Property Tax Bills Across Eola, Tom Green County, Texas

Source: Ownwell

$799

$2,774

$4,748

Median Eola Tax Bill

$2,366

Median Tom Green County Tax Bill

$1,970

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Eola, Tom Green County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76937	$733	$1,177	$2,366	$3,786	$5,358

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
Tom Green Appraisal District
Website	iswdataclient.azurewebsites.net