Raymondville, Willacy County, Texas Property Taxes
Median Raymondville, TX effective property tax rate: 1.43%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Raymondville, TX home value: $47,041
Median annual Raymondville, TX tax bill: $608, $1,792 lower than the national median property tax bill of $2,400.
How are property taxes in Willacy County calculated?
Property taxes in Raymondville, 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 Raymondville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Raymondville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Raymondville, Willacy County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.43%
Estimate Property Tax Bill
$673
$624
Property Tax Rates Across Raymondville, Willacy County, Texas
Local government entities in Texas set property tax rates, which can vary significantly within the state. Each year, counties like Willacy estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Raymondville, the effective property tax rate is an important figure for homeowners to consider. Compared to other cities in Texas, Raymondville's rate is part of a broader spectrum. Within Willacy County, the highest median tax rate is 1.85%, while the lowest is 1.43%. The median property tax rate in Texas is 1.43%, which is higher than the national median of 1.02%. The median property tax bill in Texas typically exceeds the national median bill of $2,400, reflecting the state's higher rates. Understanding these rates can help homeowners make informed decisions about property ownership in Raymondville and beyond.
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 Raymondville Tax Rate
1.43%
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 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 Raymondville, Willacy County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78569 | 1.75% | 1.84% | 1.85% | 1.85% | 1.85% |
| 78580 | 0.83% | 1.01% | 1.43% | 1.50% | 1.71% |
Source: Ownwell
Property Tax Assessment Values Across Raymondville, Willacy County, Texas
When examining property taxes in Raymondville, 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 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.
In Willacy 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 Raymondville.
For example, the median home price in Raymondville is $47,041, with tax bills ranging significantly across the county. Zip code 78580 has the highest median home price at $48,170.
Property Tax Assessment Values Across Raymondville, Willacy County, Texas
Source: Ownwell
$33,250
$68,936
$104,622
Median Raymondville Market Value
$47,041
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 Raymondville, Willacy County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78569 | $2,350 | $6,730 | $33,250 | $33,250 | $33,250 |
| 78580 | $15,628 | $28,693 | $48,170 | $76,127 | $120,129 |
Source: Ownwell
Property Tax Bills Across Raymondville, Willacy County, Texas
In Raymondville, located in Willacy County, TX, property tax bills are determined by applying the local tax rate to the assessed value of a home. The median home price in Raymondville is $47,041, which is significantly lower than the national median, resulting in a median property tax bill that is also below the national median of $2,400. Homeowners in Raymondville typically see tax bills ranging from $364 to $1,355, depending on the assessed value and specific property characteristics. Factors such as location, size, and improvements to the property can influence the assessed value, thus affecting the tax bill.
Ownwell assists homeowners by providing property tax appeal services, potentially lowering their tax bills. By analyzing the assessed value and comparing it with similar properties, Ownwell identifies discrepancies that may result in overvaluation. This process can lead to significant savings, reducing the financial burden on homeowners in Raymondville. With expert guidance, Ownwell helps ensure that property taxes are fair and equitable.
Median Raymondville Tax Bill
$608
Median Willacy County Tax Bill
$574
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Raymondville, Willacy County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78569 | $42 | $122 | $615 | $615 | $615 |
| 78580 | $198 | $368 | $609 | $950 | $1,371 |
Source: Ownwell