Leonard, Fannin County, Texas Property Taxes
Property Taxes in Leonard, Texas
Median Leonard, Texas effective property tax rate: 1.34%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Leonard, Texas home value: $276,830
Median annual Leonard, Texas tax bill: $3,545, higher by $1,145 than the national median property tax bill of $2,400.
How are property taxes in Fannin calculated?
Property taxes in Leonard, 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 Leonard's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Leonard, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Leonard, Fannin County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.34%
Estimate Property Tax Bill
$3,710
$3,442
How Does the Leonard Property Tax Calculator Work?
Use this Leonard property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Leonard's median effective tax rate of 1.34% — based on actual property records in Fannin 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 Leonard's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Leonard: rates are the same at 75452, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Leonard.
About Leonard Property Taxes
About Property Taxes in Leonard, Fannin, Texas
Leonard’s median effective property tax rate of 1.34% is lower than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Fannin County base levy combined with local school district levies and other local charges that shape the assessed tax bill for homeowners.
Property tax rates are not uniform across Leonard. Homeowners in the 75452 ZIP code carry a median effective rate of 1.34%, while the same ZIP also reflects a median tax bill of $3,545 and a median home price of $276,830. That means location still matters when it comes to your annual property tax burden.
Leonard homeowners who believe their assessed value is too high can file a formal appeal with the Appraisal District before the May 15, 2026 deadline each year.
If your estimated bill 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 Leonard, Fannin 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 Leonard'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 Leonard Tax Rate
1.34%
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 Fannin County Tax Rate
1.27%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Leonard, Fannin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75452 | 0.56% | 0.99% | 1.34% | 1.67% | 1.99% |
Source: Ownwell
Property Tax Assessment Values Across Leonard, Fannin County, Texas
When examining property taxes in Leonard, 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 Fannin 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 Fannin County, assessment notices are sent in April 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 Leonard.
For example, the median home price in Leonard is $276,830, with tax bills ranging significantly across the county. 75452 has the highest median home price at $276,830.
Property Tax Assessment Values Across Leonard, Fannin County, Texas
Source: Ownwell
$83,540
$262,105
$440,670
Median Leonard Market Value
$276,830
Median Fannin County Market Value
$206,260
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Leonard, Fannin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75452 | $100,194 | $167,135 | $276,830 | $464,085 | $652,044 |
Source: Ownwell
Property Tax Bills Across Leonard, Fannin County, Texas
Property tax bills in Leonard are calculated by applying the local tax rate to a home’s assessed value. The assessed value is based on the market value of the property, which is reviewed by local taxing authorities. For homeowners, the bill depends on both the value of the home and the tax rates set by local governments and school districts.
With a median home price of $276,830, property taxes can vary widely from one homeowner to another. The 25th percentile tax bill is $1,971, while the 75th percentile reaches $5,455. At the 90th percentile, bills climb to $7,475, showing how higher assessed values or tax rates can significantly increase what homeowners owe.
In Leonard, property taxes are a major part of the cost of owning a home, and changes in assessed value can have a direct impact on annual bills.
Median Leonard Tax Bill
$3,545
Median Fannin County Tax Bill
$2,378
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Leonard, Fannin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75452 | $1,116 | $1,971 | $3,545 | $5,455 | $7,475 |
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 | |
|---|---|
| Fannin Appraisal District | |
| Website | esearch.fannincad.org |