Electra, Wichita County, Texas Property Taxes

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

Median Electra, TX effective property tax rate: 1.53%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Electra, TX home value: $49,821
Median annual Electra, TX tax bill: $633, $1,767 lower than the national median property tax bill of $2,400.

How are property taxes in Wichita calculated?

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

Last Updated March 1, 2025

Electra, Wichita County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.53%

Estimate Property Tax Bill

$762

$707

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

Property Tax Rates Across Electra, Wichita County, Texas

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, 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 Electra’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 Electra, Wichita County, Texas

Source: Ownwell

0.44%

1.33%

2.21%

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 Electra Tax Rate

1.53%

Median Effective Wichita County Tax Rate

1.79%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Electra, Wichita County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76360	0.54%	0.90%	1.53%	2.24%	2.44%

Source: Ownwell

Property Tax Assessment Values Across Electra, Wichita County, Texas

When examining property taxes in Electra, 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 Wichita 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 Wichita 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 Electra. For example, the median home price in Electra is $49,821, with tax bills ranging significantly across the county. Zip code 76360 has the highest median home price at $49,821.

Property Tax Assessment Values Across Electra, Wichita County, Texas

Source: Ownwell

$49,821

$132,122

$214,423

Median Electra Market Value

$49,821

Median Wichita County Market Value

$132,128

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Electra, Wichita County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76360	$8,675	$22,126	$49,821	$91,723	$152,931

Source: Ownwell

Property Tax Bills Across Electra, Wichita County, Texas

In Electra, Wichita County, TX, property tax bills are determined by assessing the market value of a home and applying the local tax rate to this value. With a median home price of $49,821, Electra homeowners face a median property tax bill of $633. This figure is significantly lower than the national median property tax bill of $2,400, reflecting the region's relatively affordable housing costs. Property taxes can vary widely, with the 25th percentile tax bill at $291 and the 90th percentile reaching $2,227. These variations depend on factors such as property size, location, and any applicable exemptions. High tax bills can strain homeowners, affecting their financial planning and housing affordability. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing property assessments and ensuring they're fair, Ownwell helps reduce tax liabilities, offering homeowners peace of mind and financial relief. With expert guidance, homeowners can potentially save significantly on their property tax bills.

Property Tax Bills Across Electra, Wichita County, Texas

Source: Ownwell

$627

$2,225

$3,823

Median Electra Tax Bill

$633

Median Wichita County Tax Bill

$2,023

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Electra, Wichita County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76360	$111	$291	$633	$1,288	$2,227

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
Wichita Appraisal District
Website	esearch.wadtx.com