Muleshoe, Lamb County, Texas Property Taxes
Property Taxes in Muleshoe, Texas
Median Muleshoe, Texas effective property tax rate: 1.67%, significantly higher than the national median of 1.02%, and higher than the Texas state median of 1.48%.
Median Muleshoe, Texas home value: $50,970
Median annual Muleshoe, Texas tax bill: $828, lower than the national median property tax bill of $2,400.
How are property taxes in Lamb calculated?
Property taxes in Muleshoe, 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 Muleshoe's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Muleshoe, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Muleshoe, Lamb County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.67%
Estimate Property Tax Bill
$851
$790
How Does the Muleshoe Property Tax Calculator Work?
Use this Muleshoe property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Muleshoe's median effective tax rate of 1.67% — based on actual property records in Lamb 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 Muleshoe'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 Muleshoe: rates range from 1.67% in 79347 to 1.67% in 79347, 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 Muleshoe.
About Muleshoe Property Taxes
About Property Taxes in Muleshoe, Lamb, Texas
Muleshoe’s median effective property tax rate of 1.67% is higher than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Lamb County base levy combined with local school district levies and Municipal Utility Districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Muleshoe. Homeowners in ZIP code 79347 carry a median effective rate of 1.67%, and the same ZIP also has a median tax bill of $828. Understanding how assessed value and local taxing districts affect your bill can make a meaningful difference to your annual property taxes.
Muleshoe homeowners who believe their assessed value is too high can file a formal appeal with the local Appraisal District before May 15, 2026.
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 Muleshoe, Lamb 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 Muleshoe'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 Muleshoe Tax Rate
1.67%
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 Lamb County Tax Rate
2.34%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Muleshoe, Lamb County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79347 | 1.04% | 1.39% | 1.67% | 1.84% | 1.84% |
Source: Ownwell
Property Tax Assessment Values Across Muleshoe, Lamb County, Texas
When examining property taxes in Muleshoe, 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 Lamb 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 Lamb County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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 Muleshoe.
For example, the median home price in Muleshoe is $50,970, with tax bills ranging significantly across the county. The median property tax bill is $828, compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Zip code 79347 has the highest median home price at $50,970.
Property Tax Assessment Values Across Muleshoe, Lamb County, Texas
Source: Ownwell
$27,655
$56,095
$84,535
Median Muleshoe Market Value
$50,970
Median Lamb County Market Value
$39,580
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Muleshoe, Lamb County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79347 | $17,955 | $38,360 | $50,970 | $151,548 | $285,033 |
Source: Ownwell
Property Tax Bills Across Muleshoe, Lamb County, Texas
Property tax bills in Muleshoe are calculated from the assessed value of a home and the local tax rate set by taxing authorities. When a property’s market value rises or falls, the assessed value can change, which directly affects the tax bill homeowners receive. Local budgets, school districts, and other taxing entities all play a role in determining how much is owed each year.
With a median home price of $50,970, Muleshoe homeowners often see tax bills that are lower than many places nationwide. The 25th percentile tax bill is $510, while the 75th percentile is $1,587 and the 90th percentile reaches $3,402. The median tax bill in ZIP code 79347 is $828.
For homeowners, this means property taxes can have a meaningful impact on monthly housing costs and long-term affordability. Even small changes in assessed value can affect the final bill, making it important to understand how local property taxes are calculated.
Median Muleshoe Tax Bill
$828
Median Lamb County Tax Bill
$846
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Muleshoe, Lamb County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79347 | $318 | $510 | $828 | $1,587 | $3,402 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
Links | |
|---|---|
| Lamb Appraisal District | |
| Website | esearch.lambcad.org |