Buffalo, Freestone County, Texas Property Taxes
Median Buffalo, TX effective property tax rate: 1.05%, significantly higher than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Buffalo, TX home value: $146,852
Median annual Buffalo, TX tax bill: $1,412, $988 lower than the national median property tax bill of $2,400.
How are property taxes in Freestone calculated?
Property taxes in Buffalo, 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 Buffalo's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Buffalo, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Buffalo, Freestone County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.05%
Estimate Property Tax Bill
$1,542
$1,431
Property Tax Rates Across Buffalo, Freestone County, Texas
Local government entities in Texas determine property tax rates, which can significantly differ across the state. Each year, counties calculate their necessary budget to maintain services, then divide this by the total value of all taxable property within their borders. This calculation establishes the property tax rate. While the process involves votes and laws, this is the general annual procedure.
In Buffalo, located in Freestone County, property tax rates are higher than the county's median. This is noteworthy as the county's median tax rate is already higher than the national median property tax rate of 1.02%. Comparatively, Buffalo's effective property tax rate aligns with Texas's median rate, which is above the national average. This means residents in Buffalo may face higher property tax bills compared to other areas in the state and the country.
Understanding these differences is crucial for property owners, as it impacts their annual financial planning and the overall cost of owning property in the region.
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 Buffalo Tax Rate
1.05%
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 Freestone County Tax Rate
1.40%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Buffalo, Freestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75831 | 0.34% | 0.69% | 1.05% | 1.26% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Buffalo, Freestone County, Texas
When examining property taxes in Buffalo, 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 Freestone 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 Freestone 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 Buffalo. For example, the median home price in Buffalo is $146,852, with tax bills ranging significantly across the county. Zip code 75831 has the highest median home price at $146,852.
Property Tax Assessment Values Across Buffalo, Freestone County, Texas
Source: Ownwell
$98,718
$122,785
$146,852
Median Buffalo Market Value
$146,852
Median Freestone County Market Value
$117,728
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Buffalo, Freestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75831 | $19,089 | $66,208 | $146,852 | $321,518 | $478,629 |
Source: Ownwell
Property Tax Bills Across Buffalo, Freestone County, Texas
Median Buffalo Tax Bill
$1,412
Median Freestone County Tax Bill
$1,626
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Buffalo, Freestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75831 | $106 | $492 | $1,412 | $2,770 | $4,408 |
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 | |
|---|---|
| Freestone Appraisal District | |
| Website | propertysearch.freestonecad.org |