Lyford, Willacy County, Texas Property Taxes

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

Median Lyford, TX effective property tax rate: 0.97%, significantly lower than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Lyford, TX home value: $57,500
Median annual Lyford, TX tax bill: $523, $1,877 lower than the national median property tax bill of $2,400.

How are property taxes in Willacy County calculated?

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

Last Updated March 1, 2025

Lyford, Willacy County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.97%

Estimate Property Tax Bill

$558

$518

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

Property Tax Rates Across Lyford, Willacy County, Texas

Local government entities set tax rates, which can vary widely within a state. 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 Lyford’s effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S. In Lyford, the effective property tax rate is 0.97%, which is slightly below the national median of 1.02%. The median property tax rate for Texas is also 0.97%, indicating a consistent rate across the state. This means homeowners in Lyford and across Texas generally enjoy a lower property tax rate compared to the national average. Consequently, property owners in Lyford benefit from relatively lower property tax bills, which can be an attractive factor for potential homebuyers or investors considering this region.

Property Tax Rates Across Lyford, Willacy County, Texas

Source: Ownwell

0.84%

1.51%

2.18%

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 Lyford Tax Rate

0.97%

Median Effective Willacy County Tax Rate

1.18%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lyford, Willacy County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
78569	0.89%	0.93%	0.97%	1.03%	1.17%

Source: Ownwell

Property Tax Assessment Values Across Lyford, Willacy County, Texas

When examining property taxes in Lyford, 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 Willacy 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 Willacy County 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 Lyford.

For example, the median home price in Lyford is $57,500, with tax bills ranging significantly across the county. Zip code 78569 has the highest median home price at $57,500.

Property Tax Assessment Values Across Lyford, Willacy County, Texas

Source: Ownwell

$33,250

$68,936

$104,622

Median Lyford Market Value

$57,500

Median Willacy County Market Value

$49,814

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lyford, Willacy County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
78569	$17,798	$32,962	$57,500	$98,899	$177,134

Source: Ownwell

Property Tax Bills Across Lyford, Willacy County, Texas

In Lyford, located in Willacy County, TX, property tax bills are calculated based on the assessed value of your home. The local tax rate is applied to this assessed value to determine the tax bill. Factors such as market value fluctuations and local government budgets influence these rates. The median home price in Lyford is $57,500, leading to a median tax bill of $523, which is significantly lower than the national median property tax bill of $2,400. This lower tax bill can be attributed to the relatively low property values and tax rates in the area. Homeowners in Lyford can face tax bills ranging from $314 at the 25th percentile to $1,480 at the 90th percentile, depending on their property's assessed value and applicable exemptions. Ownwell assists homeowners by providing property tax appeal and exemption services, ensuring they are not overpaying on their tax bills. By leveraging expert knowledge and local insights, Ownwell helps homeowners navigate the complexities of property tax assessments and secure potential savings.

Property Tax Bills Across Lyford, Willacy County, Texas

Source: Ownwell

$382

$1,083

$1,783

Median Lyford Tax Bill

$523

Median Willacy County Tax Bill

$574

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Lyford, Willacy County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
78569	$180	$314	$523	$885	$1,480

Source: Ownwell