Odell, Wilbarger County, Texas Property Taxes

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

Median Odell, TX effective property tax rate: 1.95%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%. Median Odell, TX home value: $36,420. Median annual Odell, TX tax bill: $652, $1,748 lower than the national median property tax bill of $2,400.

How are property taxes in Wilbarger calculated?

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

Last Updated March 1, 2025

Odell, Wilbarger County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.95%

Estimate Property Tax Bill

$710

$659

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

Property Tax Rates Across Odell, Wilbarger County, Texas

Local government entities are responsible for setting property tax rates, which can differ significantly across a state. This variation occurs because each county, on an annual basis, calculates its required budget for public services. This budget is then divided by the total assessed value of all taxable properties within the county, resulting in the property tax rate. While setting these rates involves votes and legislative measures, the core process remains as described.

In Odell, located in Wilbarger County, Texas, the effective property tax rate offers an interesting point of comparison. When you look at Odell’s property tax rate alongside other cities in Texas, it becomes evident that local factors heavily influence these rates. For example, the median property tax rate in Texas stands at 1.95%, which is considerably higher than the national median of 1.02%. This means that property owners in Texas, and specifically in Odell, might face higher tax bills compared to the national average. Understanding these differences is crucial for property owners aiming to manage their tax liabilities effectively.

Property Tax Rates Across Odell, Wilbarger County, Texas

Source: Ownwell

1.57%

1.79%

2.02%

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 Odell Tax Rate

1.95%

Median Effective Wilbarger County Tax Rate

1.98%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Odell, Wilbarger County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79247	1.43%	1.66%	1.95%	1.95%	1.95%

Source: Ownwell

Property Tax Assessment Values Across Odell, Wilbarger County, Texas

When examining property taxes in Odell, 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 Wilbarger 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 Wilbarger 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 Odell. For example, the median home price in Odell is $36,420, with tax bills ranging significantly across the county. Zip code 79247 has the highest median home price at $36,420.

Property Tax Assessment Values Across Odell, Wilbarger County, Texas

Source: Ownwell

$36,420

$49,315

$62,210

Median Odell Market Value

$36,420

Median Wilbarger County Market Value

$62,920

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Odell, Wilbarger County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79247	$5,498	$11,865	$36,420	$56,290	$86,098

Source: Ownwell

Property Tax Bills Across Odell, Wilbarger County, Texas

In Odell, located in Wilbarger County, Texas, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value of the property, and local governments decide on the tax rate. With a median home price of $36,420, homeowners in Odell face property tax bills that can vary significantly. For example, the 25th percentile tax bill is $221, while the 75th percentile reaches $983, and the 90th percentile climbs to $1,206. Compared to the national median property tax bill of $2,400, Odell's tax bills are relatively low. However, they can still be a burden for homeowners. Ownwell offers valuable services to help homeowners reduce their property tax bills through appeals and exemptions. By analyzing each case, Ownwell identifies opportunities to lower the assessed value or apply exemptions, ensuring homeowners pay only what is necessary. This approach can lead to significant savings and financial relief for property owners in Odell.

Property Tax Bills Across Odell, Wilbarger County, Texas

Source: Ownwell

$652

$831

$1,009

Median Odell Tax Bill

$652

Median Wilbarger County Tax Bill

$986

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Odell, Wilbarger County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79247	$105	$221	$652	$983	$1,206

Source: Ownwell