Caddo, Palo Pinto County, Texas Property Taxes
Property Taxes in Caddo, Texas
Median Caddo, Texas effective property tax rate: 1.33%, significantly higher than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Caddo, Texas home value: $335,910
Median annual Caddo, Texas tax bill: $4,916, higher than the national median property tax bill of $2,400.
How are property taxes in Palo Pinto calculated?
Property taxes in Caddo, 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 Caddo's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Caddo, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Caddo, Palo Pinto County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.33%
Estimate Property Tax Bill
$4,468
$4,146
How Does the Caddo Property Tax Calculator Work?
Use this Caddo property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Caddo's median effective tax rate of 1.33% — based on actual property records in Palo Pinto 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 Caddo'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 Caddo: rates range from 1.33% in 76429 to 1.33% in 76429, 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 Caddo.
About Caddo Property Taxes
About Property Taxes in Caddo, Palo Pinto, Texas
Caddo’s median effective property tax rate of 1.33% is lower than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Palo Pinto 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 Caddo. Homeowners in ZIP code 76429 carry a median effective rate of 1.33%, and the same ZIP also has the median home price of $335,910 and a median tax bill of $4,916. Understanding where you live can make a meaningful difference to your annual tax bill.
Caddo 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 Caddo, Palo Pinto 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 Caddo'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 Caddo Tax Rate
1.33%
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 Palo Pinto County Tax Rate
1.60%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Caddo, Palo Pinto County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76429 | 1.33% | 1.33% | 1.33% | 1.46% | 1.46% |
Source: Ownwell
Property Tax Assessment Values Across Caddo, Palo Pinto County, Texas
When examining property taxes in Caddo, 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 Palo Pinto 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 Palo Pinto 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 Caddo.
For example, the median home price in Caddo is $335,910, with tax bills ranging significantly across the county. 76429 has the highest median home price at $335,910.
Property Tax Assessment Values Across Caddo, Palo Pinto County, Texas
Source: Ownwell
$74,950
$282,175
$489,400
Median Caddo Market Value
$335,910
Median Palo Pinto County Market Value
$167,380
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Caddo, Palo Pinto County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76429 | $181,758 | $259,360 | $335,910 | $497,690 | $728,024 |
Source: Ownwell
Property Tax Bills Across Caddo, Palo Pinto County, Texas
Property tax bills in Caddo are based on the assessed value of a home and the local tax rate set for the area. When a property’s market value rises, the assessed value can increase too, which can lead to a higher tax bill. For homeowners, that means taxes are not fixed and can change from year to year as home values and local rates shift.
In Caddo, the median home price is $335,910, and the median tax bill is $4,916 in ZIP code 76429. That is above the national median property tax bill of $2,400 and reflects how local assessments can create a heavier tax burden. Bills can vary widely, with the 25th percentile at $3,485 and the 75th percentile at $6,820, while the 90th percentile reaches $9,816. For homeowners, understanding how assessed value and tax rates work is key to spotting when a bill may be too high.
Median Caddo Tax Bill
$4,916
Median Palo Pinto County Tax Bill
$2,722
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Caddo, Palo Pinto County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76429 | $2,626 | $3,485 | $4,916 | $6,820 | $9,816 |
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 | |
|---|---|
| Palo Pinto Appraisal District | |
| Website | iswdataclient.azurewebsites.net |