Pyote, Ward County, Texas Property Taxes
Median Pyote, TX effective property tax rate: 1.63%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Pyote, TX home value: $31,005
Median annual Pyote, TX tax bill: $369, $2,031 lower than the national median property tax bill of $2,400.
How are property taxes in Ward County calculated?
Property taxes in Pyote, 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 Pyote’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pyote, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pyote, Ward County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.63%
Estimate Property Tax Bill
$505
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Property Tax Rates Across Pyote, Ward County, Texas
Local government entities in Texas set tax rates, which can vary widely across the state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially how the process unfolds annually.
In Pyote, located in Ward County, property owners experience an effective property tax rate of 1.63%. This rate matches the highest and lowest median tax rates in Texas, which is notably higher than the national median property tax rate of 1.02%. Consequently, property owners in Pyote may face higher tax bills compared to other regions across the country. Understanding these rates and how they compare both within the state and nationally can provide valuable insights for property owners. By staying informed about these figures, property owners can better navigate their financial planning and take advantage of opportunities to appeal or seek exemptions where applicable.
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 Pyote Tax Rate
1.63%
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 Ward County Tax Rate
1.64%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Pyote, Ward County, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79777 | 0.46% | 0.99% | 1.63% | 1.63% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across Pyote, Ward County, Texas
When examining property taxes in Pyote, 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 Ward 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 Ward 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 Pyote.
For example, the median home price in Pyote is $31,005, with tax bills ranging significantly across the county. Zip code 79777 has the highest median home price at $31,005.
Median Pyote Market Value
$31,005
Median Ward County Market Value
$84,385
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Pyote, Ward County, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79777 | $2,203 | $11,478 | $31,005 | $85,335 | $145,415 |
Source: Ownwell
Property Tax Bills Across Pyote, Ward County, Texas
Median Pyote Tax Bill
$369
Median Ward County Tax Bill
$1,092
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Pyote, Ward County, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79777 | $40 | $171 | $369 | $746 | $1,222 |
Source: Ownwell