Lorenzo, Crosby County, Texas Property Taxes
Property Taxes in Lorenzo, Texas
Median Lorenzo, Texas effective property tax rate: 1.93%, significantly higher than the national median of 1.02%, and higher than the Texas state median of 1.48%.
Median Lorenzo, Texas home value: $65,605
Median annual Lorenzo, Texas tax bill: $1,213, $1,187 lower than the national median property tax bill of $2,400.
How are property taxes in Crosby calculated?
Property taxes in Lorenzo, Texas 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 Lorenzo's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lorenzo, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Lorenzo, Crosby County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.93%
Estimate Property Tax Bill
$1,266
$1,175
How Does the Lorenzo Property Tax Calculator Work?
Use this Lorenzo property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Lorenzo's median effective tax rate of 1.93% — based on actual property records in Crosby County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Lorenzo's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Lorenzo's median effective tax rate is higher than the Texas median tax rate of 1.48%, while the median tax bill is $1,213, which is $1,187 lower than the Texas median tax bill. Your bill may vary by ZIP code within Lorenzo, but the available ZIP code, 79343, shows the same median tax bill.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Lorenzo.
About Lorenzo Property Taxes
About Property Taxes in Lorenzo, Crosby, Texas
Lorenzo’s median effective property tax rate of 1.93% is higher than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Crosby County base levy combined with local school district levies and Municipal Utility Districts (MUDs) that vary by subdivision throughout the city.
Property tax rates are not uniform across Lorenzo. Homeowners in the 79343 ZIP code carry a median effective rate of 1.93%, while those in the same ZIP also pay 1.93%. This reflects how school district boundaries and local assessment districts are drawn across Crosby County. Understanding where you live in Lorenzo can make a meaningful difference to your annual tax bill.
Lorenzo homeowners who believe their assessed value is too high can file a formal appeal with the local Appraisal District before the deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Lorenzo, Crosby County, Texas
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Lorenzo's effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.
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 Lorenzo Tax Rate
1.93%
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 Crosby County Tax Rate
2.05%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lorenzo, Crosby County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79343 | 1.15% | 1.51% | 1.93% | 2.21% | 2.38% |
Source: Ownwell
Property Tax Assessment Values Across Lorenzo, Crosby County, Texas
When examining property taxes in Lorenzo, 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 Crosby 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 Crosby County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Lorenzo.
For example, the median home price in Lorenzo is $65,605, with tax bills ranging significantly across the county. 79343 has the highest median home price at $65,605.
Property Tax Assessment Values Across Lorenzo, Crosby County, Texas
Source: Ownwell
$44,291
$54,948
$65,605
Median Lorenzo Market Value
$65,605
Median Crosby County Market Value
$56,241
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lorenzo, Crosby County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79343 | $14,598 | $34,712 | $65,605 | $102,732 | $150,338 |
Source: Ownwell
Property Tax Bills Across Lorenzo, Crosby County, Texas
Property tax bills in Lorenzo are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For homeowners, that means the bill is shaped by what the home is worth, along with any local taxing rates set by the county and other taxing authorities. With a median home price of $65,605, many property tax bills in Lorenzo are lower than the national median property tax bill of $2,400, but the amount can still vary widely from one home to another.
The typical bill depends on several factors, including the home’s assessed value, exemptions that may reduce taxable value, and changes in local tax rates. In Crosby County, property tax bills can range from $538 at the 25th percentile to $1,998 at the 75th percentile, with the 90th percentile reaching $3,007. For homeowners, this means a higher assessed value or fewer exemptions can lead to a larger tax bill, while lower assessments may keep taxes more manageable.
Median Lorenzo Tax Bill
$1,213
Median Crosby County Tax Bill
$1,088
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Lorenzo, Crosby County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79343 | $193 | $538 | $1,213 | $1,998 | $3,007 |
Source: Ownwell