Mexia, Freestone County, Texas Property Taxes
Median Mexia, TX effective property tax rate: 1.03%, slightly higher than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Mexia, TX home value: $140,536
Median annual Mexia, TX tax bill: $1,295, $1,105 lower than the national median property tax bill of $2,400.
How are property taxes in Freestone County calculated?
Property taxes in Mexia, 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 Mexia's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mexia, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mexia, Freestone County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.03%
Estimate Property Tax Bill
$1,448
$1,343
Property Tax Rates Across Mexia, Freestone County, Texas
Local government entities determine property tax rates, which can vary significantly within a state due to differing budgetary needs and property values. Each year, counties estimate their budget requirements for essential services and divide this by the total assessed value of all taxable properties in the area, resulting in the property tax rate. Although the process involves votes and legislation, this is essentially how tax rates are determined annually.
In Mexia, located in Freestone County, the effective property tax rate is notably different from other areas in Texas. The county's tax rate is higher than the median rate across the state. When compared to the national median property tax rate of 1.02%, Mexia's rate is slightly higher, reflecting the unique financial requirements and property values in the region. Understanding these differences can help property owners anticipate their tax liabilities and explore opportunities for appeals or exemptions.
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 Mexia Tax Rate
1.03%
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 Mexia, Freestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76667 | 0.32% | 0.72% | 1.03% | 1.25% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Mexia, Freestone County, Texas
When examining property taxes in Mexia, 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 Mexia. For example, the median home price in Mexia is $140,536, with tax bills ranging significantly across the county. Zip code 76667 has the highest median home price at $140,536.
Property Tax Assessment Values Across Mexia, Freestone County, Texas
Source: Ownwell
$98,718
$122,785
$146,852
Median Mexia Market Value
$140,536
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 Mexia, Freestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76667 | $24,381 | $59,868 | $140,536 | $315,381 | $553,414 |
Source: Ownwell
Property Tax Bills Across Mexia, Freestone County, Texas
Median Mexia Tax Bill
$1,295
Median Freestone County Tax Bill
$1,626
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Mexia, Freestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76667 | $186 | $549 | $1,295 | $2,853 | $4,898 |
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 |