Midway, Madison County, Texas Property Taxes
Property Taxes in Midway, Texas
Median Midway, Texas effective property tax rate: 1.04%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Midway, Texas home value: $170,970
Median annual Midway, Texas tax bill: $1,340, lower than the national median property tax bill of $2,400.
How are property taxes in Madison calculated?
Property taxes in Midway, 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 Midway's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Midway, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Midway, Madison County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.04%
Estimate Property Tax Bill
$1,778
$1,650
How Does the Midway Property Tax Calculator Work?
Use this Midway property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Midway's median effective tax rate of 1.04% — based on actual property records in Madison 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 Midway'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 Midway: rates range from 1.04% in 75852 to 1.04% in 75852, 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 Midway.
About Midway Property Taxes
About Property Taxes in Midway, Madison, Texas
Midway’s median effective property tax rate of 1.04% is lower than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Madison County base levy combined with local school district levies and other local taxing entities that shape what homeowners pay.
Property tax rates are not uniform across Midway. The 75852 ZIP code has a median effective rate of 1.04%, and the median tax bill there is $1,340. That means location within the city can still matter when you compare assessed value and annual taxes, even when the rate is the same across the available data.
Midway 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 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 Midway, Madison 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 Midway'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 Midway Tax Rate
1.04%
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 Madison County Tax Rate
1.23%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Midway, Madison County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75852 | 0.19% | 0.59% | 1.04% | 1.33% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Midway, Madison County, Texas
When examining property taxes in Midway, 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 Madison 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 Madison 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 Midway.
For example, the median home price in Midway is $170,970, with tax bills ranging significantly across the county. 75852 has the highest median home price at $170,970.
Property Tax Assessment Values Across Midway, Madison County, Texas
Source: Ownwell
$141,030
$217,893
$294,755
Median Midway Market Value
$170,970
Median Madison County Market Value
$159,090
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Midway, Madison County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75852 | $21,270 | $55,180 | $170,970 | $418,312 | $762,040 |
Source: Ownwell
Property Tax Bills Across Midway, Madison County, Texas
Property tax bills in Midway are based on the assessed value of a home, not its market price alone. Local taxing authorities apply their tax rates to that assessed value, and the result is the annual bill homeowners receive. The amount can vary widely because it depends on the home’s value, the local tax rates, and any exemptions or special taxing districts that apply.
With a median home price of $170,970, property taxes can be a meaningful part of ownership costs. In this area, the 25th percentile tax bill is $515, while the 75th percentile is $2,663 and the 90th percentile reaches $4,457. The median tax bill is $1,340, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%.
For homeowners, that means the tax bill can have a noticeable effect on monthly affordability and long-term housing costs, especially when assessed values rise.
Median Midway Tax Bill
$1,340
Median Madison County Tax Bill
$1,621
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Midway, Madison County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75852 | $204 | $515 | $1,340 | $2,663 | $4,457 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
Links | |
|---|---|
| Madison Appraisal District | |
| Website | esearch.madisoncad.org |