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Malone, Hill County, Texas Property Taxes

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Property Taxes in Malone, Texas

  • Median Malone, Texas effective property tax rate: 1.31%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.

  • Median Malone, Texas home value: $101,195

  • Median annual Malone, Texas tax bill: $1,137, lower than the national median property tax bill of $2,400.

How are property taxes in Hill calculated?

Property taxes in Malone, 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 Malone's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Malone, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Malone, Hill County, Texas Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.31%

Estimate Property Tax Bill

$1,326

$1,230

SAVE WITH OWNWELL

$774

Average Annual Tax Savings

How Does the Malone Property Tax Calculator Work?

Use this Malone property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Malone's median effective tax rate of 1.31% — based on actual property records in Hill 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 Malone's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Malone's rate is higher than the Texas median property tax rate of 1.48%, and the median property tax bill is $1,137, which is $1,263 lower than the state median bill. Your bill may vary by ZIP code within Malone, but the available data shows 76660 at $1,137.

If your estimate is higher than expected, Ownwell can appeal your Malone assessment — you only pay if we save you money.

About Malone Property Taxes

About Property Taxes in Malone, Hill, Texas

Malone’s median effective property tax rate of 1.31% is lower than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Hill County base levy combined with local school district levies and other local taxing units that shape property taxes across the area.

Property tax rates are not uniform across Malone. Homeowners in ZIP code 76660 carry a median effective rate of 1.31%, and the same ZIP code also has a median tax bill of $1,137. That consistency reflects how local taxing boundaries are drawn within Hill County, and it can still affect what you owe each year.

Malone homeowners who believe their assessed value is too high can file a formal appeal with the Appraisal District before the May 15, 2026 deadline.

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 Malone, Hill 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 Malone's effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.

Property Tax Rates Across Malone, Hill County, Texas

Source: Ownwell

1.11%

1.55%

1.99%

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 Malone Tax Rate

1.31%

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 Hill County Tax Rate

1.43%

Median Effective Texas Tax Rate

1.48%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Malone, Hill County, Texas

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
766600.67%1.10%1.31%1.64%1.70%

Source: Ownwell

Property Tax Assessment Values Across Malone, Hill County, Texas

When examining property taxes in Malone, 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 Hill 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 Hill 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. For Malone, the median home price is $101,195, and the median tax bill is $1,137, compared with the national median property tax bill of $2,400. The 25th percentile tax bill is $530, while the 75th percentile is $1,843.

Property Tax Assessment Values Across Malone, Hill County, Texas

Source: Ownwell

$59,730

$143,785

$227,840

Median Malone Market Value

$101,195

Median Hill County Market Value

$135,395

Median Texas Market Value

$258,851

Median United States Market Value

$235,294

Property Tax Assessment Values Across Malone, Hill County, Texas

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
76660$17,030$47,952$101,195$172,728$351,278

Source: Ownwell

Property Tax Bills Across Malone, Hill County, Texas

Property tax bills in Malone are based on the assessed value of a home and the local tax rate set by taxing authorities in Hill County. When a home’s market value rises, the assessed value can also increase, which may lead to a higher tax bill. For homeowners, that means property taxes can change from year to year even if nothing else about the home has changed.

In Malone, the median home price is $101,195, and property tax bills vary widely, with the 25th percentile at $530 and the 75th percentile at $1,843. The 90th percentile reaches $3,014, showing how much bills can climb for some homeowners. The median tax bill is $1,137, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%.

Ownwell can help homeowners review their assessment, identify potential savings, and appeal overassessed property taxes to lower their bills.

Property Tax Bills Across Malone, Hill County, Texas

Source: Ownwell

$610

$1,719

$2,827

Median Malone Tax Bill

$1,137

Median Hill County Tax Bill

$1,804

Median Texas Tax Bill

$3,441

Median United States Tax Bill

$2,400

Property Tax Bills Across Malone, Hill County, Texas

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
76660$227$530$1,137$1,843$3,014

Source: Ownwell

Don't miss the deadline to protest!

Frequently Asked Property Tax Questions in Malone, Texas

How are property taxes calculated in Malone, Texas?
Property taxes in Malone, Texas are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.
How do I appeal my property taxes in Malone, Texas?
To appeal your property taxes in Malone, Texas, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.
What property tax exemptions are available in Malone, Texas?
Common property tax exemptions in Malone, Texas include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.
When are property taxes due in Malone, Texas?
Property tax deadlines in Malone, Texas vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.
How can Ownwell help reduce my property taxes in Malone, Texas?
Ownwell provides professional property tax appeal services in Malone, Texas. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.