Winnsboro, Wood County, Texas Property Taxes
Median WINNSBORO, TX effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median WINNSBORO, TX home value: $174,105
Median annual WINNSBORO, TX tax bill: $1,246, $1,154 lower than the national median property tax bill of $2,400.
How are property taxes in Wood County calculated?
Property taxes in WINNSBORO, 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 WINNSBORO’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in WINNSBORO, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Winnsboro, Wood County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.79%
Estimate Property Tax Bill
$1,375
$1,276
Property Tax Rates Across Winnsboro, Wood County, Texas
Local government entities are responsible for setting tax rates, which can vary widely within Texas. This variation occurs because each county annually estimates its budgetary needs to provide essential services and divides that figure by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Winnsboro, located in Wood County, the effective property tax rate is 0.79%. This rate is reflective of the median property tax rate across Texas, which is notably lower than the national median property tax rate of 1.02%. This makes Winnsboro an attractive location for property owners looking for lower property tax rates.
By choosing to appeal or seek exemptions, property owners in Winnsboro can potentially reduce their tax burden further. Exploring these options can result in significant savings, making it worthwhile for property owners to consider consulting with experts in property tax services.
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 Winnsboro Tax Rate
0.79%
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 Wood County Tax Rate
0.67%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Winnsboro, Wood County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75494 | 0.16% | 0.40% | 0.79% | 1.36% | 1.70% |
Source: Ownwell
Property Tax Assessment Values Across Winnsboro, Wood County, Texas
When examining property taxes in Winnsboro, 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 Wood 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 Wood 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 Winnsboro. For example, the median home price in Winnsboro is $174,105, with tax bills ranging significantly across the county. ZIP code 75494 has the highest median home price at $174,105.
Property Tax Assessment Values Across Winnsboro, Wood County, Texas
Source: Ownwell
$123,810
$280,895
$437,980
Median Winnsboro Market Value
$174,105
Median Wood County Market Value
$164,060
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Winnsboro, Wood County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75494 | $25,639 | $86,328 | $174,105 | $287,535 | $433,628 |
Source: Ownwell
Property Tax Bills Across Winnsboro, Wood County, Texas
Median Winnsboro Tax Bill
$1,246
Median Wood County Tax Bill
$816
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Winnsboro, Wood County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75494 | $96 | $431 | $1,246 | $2,416 | $3,793 |
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 | |
|---|---|
| Wood Appraisal District | |
| Website | esearch.woodcad.net |