Alvord, Wise County, Texas Property Taxes

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

Median Alvord, TX effective property tax rate: 1.14%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Alvord, TX home value: $269,820
Median annual Alvord, TX tax bill: $2,817, $417 higher than the national median property tax bill of $2,400.

How are property taxes in Wise County calculated?

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

Last Updated March 1, 2025

Alvord, Wise County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.14%

Estimate Property Tax Bill

$3,076

$2,854

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

Property Tax Rates Across Alvord, Wise County, Texas

Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variation is due to each county's annual budgetary needs. Counties estimate their required budget to provide essential services and then divide this figure by the total value of all taxable property within the jurisdiction. This calculation determines the property tax rate. Although the process involves votes and laws, this is the basic annual procedure.

In Alvord, located in Wise County, the effective property tax rate is a reflection of this process. Compared to other cities in Texas, Alvord's rate is in line with the state's median property tax rate of 1.14%, which is slightly above the national median rate of 1.02%. This makes it important for property owners in Alvord to stay informed about their property tax obligations and potential opportunities for appeal or exemption. Understanding these nuances can lead to significant savings and ensure compliance with local tax requirements.

Property Tax Rates Across Alvord, Wise County, Texas

Source: Ownwell

0.76%

1.20%

1.64%

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 Alvord Tax Rate

1.14%

Median Effective Wise County Tax Rate

1.21%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Alvord, Wise County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76225	0.42%	0.78%	1.14%	1.24%	1.61%

Source: Ownwell

Property Tax Assessment Values Across Alvord, Wise County, Texas

When examining property taxes in Alvord, 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 Wise 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 Wise 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 Alvord. For example, the median home price in Alvord is $269,820, with tax bills ranging significantly across the county. Zip code 76225 has the highest median home price at $269,820.

Property Tax Assessment Values Across Alvord, Wise County, Texas

Source: Ownwell

$130,683

$494,470

$858,257

Median Alvord Market Value

$269,820

Median Wise County Market Value

$280,537

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Alvord, Wise County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76225	$83,645	$158,304	$269,820	$449,234	$743,052

Source: Ownwell

Property Tax Bills Across Alvord, Wise County, Texas

In Alvord, located in Wise County, TX, property tax bills are primarily determined by the assessed value of a homeowner's property and the local tax rate. Homeowners in Alvord face a median property tax bill of $2,817, which is slightly above the national median of $2,400. This tax bill is calculated by applying the local tax rate to the assessed value of the property. Factors such as the property's market value, location, and any applicable exemptions play a critical role in determining the final tax bill. For instance, the tax bill at the 25th percentile is $1,514, while at the 75th percentile, it rises to $4,278, indicating a significant range based on property value and exemptions. Homeowners can potentially reduce their tax bills by appealing their property's assessed value or applying for exemptions. Ownwell offers expertise in navigating these processes, helping homeowners identify opportunities for savings and ensuring they are not overpaying on their property taxes. By leveraging Ownwell's services, homeowners can effectively manage and potentially lower their property tax expenses.

Property Tax Bills Across Alvord, Wise County, Texas

Source: Ownwell

$1,474

$3,478

$5,482

Median Alvord Tax Bill

$2,817

Median Wise County Tax Bill

$3,273

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Alvord, Wise County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76225	$608	$1,514	$2,817	$4,278	$5,894

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
Wise Appraisal District
Website	esearch.wise-cad.com