Boyd, Wise County, Texas Property Taxes

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

Median BOYD, TX effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median BOYD, TX home value: $281,668
Median annual BOYD, TX tax bill: $2979, $579 higher than the national median property tax bill of $2,400.

How are property taxes in Wise calculated?

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

Last Updated March 1, 2025

Boyd, Wise County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.19%

Estimate Property Tax Bill

$3,352

$3,110

Ownwell’s Boyd Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Boyd with just two data points. By entering your property's estimated assessed value, our calculator applies Boyd’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 Boyd, Wise 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, this is the annual process in a nutshell.

In Boyd, located in Wise County, Texas, the effective property tax rate is notably higher compared to the national median. The median property tax rate in Boyd is 1.19%, surpassing the national median of 1.02%. This means homeowners in Boyd may experience higher property tax bills compared to the national average. However, when compared to other cities in Texas, Boyd's rate aligns closely with the state’s median, reflecting Texas's tendency for higher property tax rates. Understanding these rates can help homeowners make informed decisions about property investments and tax appeal opportunities. By comparing Boyd’s rates to other cities and the national median, property owners can better understand their tax obligations and potential savings through appeals or exemptions.

Property Tax Rates Across Boyd, 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 Boyd Tax Rate

1.19%

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 Boyd, Wise County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76023	0.55%	0.86%	1.19%	1.26%	1.86%

Source: Ownwell

Property Tax Assessment Values Across Boyd, Wise County, Texas

When examining property taxes in Boyd, 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 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 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 Boyd. For example, the median home price in Boyd is $281,668, with tax bills ranging significantly across the county. Zip code 76023 has the highest median home price at $281,668.

Property Tax Assessment Values Across Boyd, Wise County, Texas

Source: Ownwell

$130,683

$494,470

$858,257

Median Boyd Market Value

$281,668

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 Boyd, Wise County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76023	$72,021	$153,077	$281,668	$461,275	$646,667

Source: Ownwell

Property Tax Bills Across Boyd, Wise County, Texas

Property tax bills in Boyd, located in Wise County, TX, are calculated based on the assessed value of a property, which is determined by the local appraisal district. This assessed value is then multiplied by the local tax rate to determine the final tax bill. Factors such as the property's market value, location, and any applicable exemptions can influence the assessed value. In Boyd, property tax bills can vary significantly, with the 25th percentile tax bill at $1,496 and the 75th percentile at $4,684, indicating a wide range in tax liabilities. The highest median tax bill in the area is $2,979, which is above the national median of $2,400. This variation can pose a financial burden on homeowners, particularly if their property's assessed value is overestimated. Ownwell can assist homeowners by providing expert property tax appeal services, potentially lowering the assessed value and, consequently, the tax bill. By leveraging local expertise and a deep understanding of tax regulations, Ownwell helps homeowners achieve significant savings on their property taxes.

Property Tax Bills Across Boyd, Wise County, Texas

Source: Ownwell

$1,474

$3,478

$5,482

Median Boyd Tax Bill

$2,979

Median Wise County Tax Bill

$3,273

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Boyd, Wise County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76023	$663	$1,496	$2,979	$4,684	$6,523

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