Briscoe, Wheeler County, Texas Property Taxes

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

Median Briscoe, TX effective property tax rate: 1.68%, significantly higher than the national median of 1.02%, but slightly higher than the Texas state median of 1.67%.
Median Briscoe, TX home value: $65,250
Median annual Briscoe, TX tax bill: $925, $1,475 lower than the national median property tax bill of $2,400.

How are property taxes in Wheeler County calculated?

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

Last Updated March 1, 2025

Briscoe, Wheeler County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.68%

Estimate Property Tax Bill

$1,096

$1,017

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

Property Tax Rates Across Briscoe, Wheeler County, Texas

Local government entities determine property tax rates, which can significantly differ across a state. This variation arises because each county annually assesses its budgetary needs for services and divides this by the total assessed value of all taxable property in its area. This calculation establishes the property tax rate. Although the process involves votes and legislation, this is the core of how rates are set each year.

In Briscoe, located in Wheeler County, Texas, the effective property tax rate is a reflection of this process. When compared to other cities in Texas, Briscoe's rate offers insight into how local budgeting priorities and property values shape tax obligations. With a median property tax rate of 1.68%, Briscoe stands above the national median rate of 1.02%. This comparison highlights the unique fiscal landscape of Texas, where local governance and property assessments play a crucial role in determining tax rates. Understanding these dynamics can help property owners in Briscoe and beyond make informed decisions about their tax liabilities and potential appeals.

Property Tax Rates Across Briscoe, Wheeler County, Texas

Source: Ownwell

1.68%

2.07%

2.46%

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 Briscoe Tax Rate

1.68%

Median Effective Wheeler County Tax Rate

2.39%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Briscoe, Wheeler County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79011	0.97%	1.57%	1.68%	1.68%	1.68%

Source: Ownwell

Property Tax Assessment Values Across Briscoe, Wheeler County, Texas

When examining property taxes in Briscoe, 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 Wheeler 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 Wheeler 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 Briscoe.

For example, the median home price in Briscoe is $65,250, with tax bills ranging significantly across the county. ZIP code 79011 has the highest median home price at $65,250.

Property Tax Assessment Values Across Briscoe, Wheeler County, Texas

Source: Ownwell

$43,955

$54,603

$65,250

Median Briscoe Market Value

$65,250

Median Wheeler County Market Value

$49,600

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Briscoe, Wheeler County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79011	$8,292	$33,690	$65,250	$122,470	$173,288

Source: Ownwell

Property Tax Bills Across Briscoe, Wheeler County, Texas

In Briscoe, located in Wheeler County, TX, property tax bills are calculated based on the assessed value of a home. With a median home price of $65,250, the property tax rate is applied to determine the tax bill, which can vary significantly. For instance, the 25th percentile tax bill is $463, while the 75th percentile reaches $2,012, indicating a wide range in tax obligations for homeowners. This variation can be influenced by factors such as property location, improvements, and local tax rates. It's essential for homeowners to understand these factors, as they directly impact their financial responsibilities. Compared to the national median property tax bill of $2,400, Briscoe's tax bills can be relatively lower, offering potential savings for residents. Ownwell assists homeowners by providing property tax appeal and exemption services, ensuring that their tax bills are fair and accurate. By leveraging their expertise, homeowners can potentially reduce their property tax burdens and enjoy financial relief.

Property Tax Bills Across Briscoe, Wheeler County, Texas

Source: Ownwell

$815

$1,086

$1,357

Median Briscoe Tax Bill

$925

Median Wheeler County Tax Bill

$1,062

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Briscoe, Wheeler County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79011	$154	$463	$925	$2,012	$2,712

Source: Ownwell