Granbury, Hood County, Texas Property Taxes

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Property Taxes in Granbury, Texas

Median Granbury, Texas effective property tax rate: 0.92%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Granbury, Texas home value: $295,635
Median annual Granbury, Texas tax bill: $2,091, lower than the national median property tax bill of $2,400.

How are property taxes in Hood County calculated?

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

Last Updated April 13, 2026

Granbury, Hood County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.92%

Estimate Property Tax Bill

$2,720

$2,524

How Does the Granbury Property Tax Calculator Work?

Use this Granbury property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Granbury's median effective tax rate of 0.92% — based on actual property records in Hood 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 Granbury'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 Granbury: rates range from $1,718 in 76048 to $2,465 in 76049, primarily due to differences in school district levies and local assessment districts. Granbury's median property tax rate is lower than Hood County's and lower than Texas's 1.48% state median tax rate. The median tax bill is $2,091, which is $309 lower than the state median tax bill.

For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Granbury.

About Granbury Property Taxes

About Property Taxes in Granbury, Hood, Texas

Granbury’s median effective property tax rate of 0.92% is lower than the Texas state median of 1.48% and lower than the national median of 1.02%. This rate reflects the Hood 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 Granbury. Homeowners in the 76048 ZIP code carry a median effective rate of 1.09%, while those in 76049 pay 0.86%. This spread — 0.23 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Hood County. Understanding which part of Granbury you live in can make a meaningful difference to your annual tax bill.

Granbury homeowners who believe their assessed value is too high can file a formal appeal with the local Appraisal District before the May 15, 2026 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 Granbury, Hood 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 Granbury'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 Granbury, Hood County, Texas

Source: Ownwell

0.73%

0.91%

1.09%

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 Granbury Tax Rate

0.92%

Median Effective Hood County Tax Rate

0.93%

Median Effective Texas Tax Rate

1.48%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Granbury, Hood County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76048	0.15%	0.46%	1.09%	1.22%	1.31%
76049	0.16%	0.38%	0.86%	1.22%	1.22%

Source: Ownwell

Property Tax Assessment Values Across Granbury, Hood County, Texas

When examining property taxes in Granbury, 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 Hood 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 Hood 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 Granbury.

For example, the median home price in Granbury is $295,635, with tax bills ranging significantly across the county. 76049 has the highest median home price at $356,110.

Property Tax Assessment Values Across Granbury, Hood County, Texas

Source: Ownwell

$173,825

$379,958

$586,090

Median Granbury Market Value

$295,635

Median Hood County Market Value

$288,405

Median Texas Market Value

$258,851

Median United States Market Value

$235,294

Property Tax Assessment Values Across Granbury, Hood County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76048	$34,617	$98,452	$233,730	$375,722	$645,254
76049	$77,519	$215,880	$356,110	$498,658	$690,349

Source: Ownwell

Property Tax Bills Across Granbury, Hood County, Texas

Property tax bills in Granbury are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value reflects what the home is worth for tax purposes, and that figure is the starting point for the bill. For a typical home with a median market value of $295,635, the amount owed can vary depending on exemptions, local taxing entities, and any changes in assessed value.

What homeowners pay can differ widely across the city. The median tax bill is $2,465 in ZIP code 76049 and $1,718 in ZIP code 76048, showing how location within the city can affect taxes. Across Hood County, tax bills range from $647 at the 25th percentile to $6,327 at the 90th percentile. That variation can have a real impact on monthly housing costs and long-term affordability for homeowners.

Property Tax Bills Across Granbury, Hood County, Texas

Source: Ownwell

$1,149

$2,512

$3,875

Median Granbury Tax Bill

$2,091

Median Hood County Tax Bill

$2,059

Median Texas Tax Bill

$3,441

Median United States Tax Bill

$2,400

Property Tax Bills Across Granbury, Hood County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76048	$171	$475	$1,718	$3,542	$6,284
76049	$299	$875	$2,465	$4,283	$6,336

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
Hood Appraisal District
Website	www.southwestdatasolution.com

Frequently Asked Property Tax Questions in Granbury, Texas

How are property taxes calculated in Granbury, Texas?

Property taxes in Granbury, 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 Granbury, Texas?

To appeal your property taxes in Granbury, 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 Granbury, Texas?

Common property tax exemptions in Granbury, 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 Granbury, Texas?

Property tax deadlines in Granbury, 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 Granbury, Texas?

Ownwell provides professional property tax appeal services in Granbury, 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.