Graford, Palo Pinto County, Texas Property Taxes

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Property Taxes in Graford, Texas

Median Graford, TX effective property tax rate: 1.48%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Graford, TX home value: $329,080
Median annual Graford, TX tax bill: $4,667, $2,267 higher than the national median property tax bill of $2,400.

How are property taxes in Palo Pinto County calculated?

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

Last Updated March 1, 2025

Graford, Palo Pinto County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.46%

Estimate Property Tax Bill

$5,932

$5,505

Ownwell’s Graford Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Graford with just two data points. By entering your property's estimated assessed value, our calculator applies Graford’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Palo Pinto County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Graford, Palo Pinto County, Texas

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually 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, this is the annual process in a nutshell.

Graford in Palo Pinto County, TX, exemplifies this variation in tax rates. With an effective property tax rate of 1.48%, it stands above the national median of 1.02%. This rate is consistent across the county, as indicated by the highest and lowest median tax rates in the area being the same. Comparing Graford's rate to other cities in Texas, it is evident that property tax rates can significantly differ, reflecting the unique budgetary needs and property values of each locality. Understanding these differences can be crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Graford, Palo Pinto County, Texas

Source: Ownwell

1.33%

1.65%

1.98%

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 Graford Tax Rate

1.46%

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 Graford, Palo Pinto County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76449	1.12%	1.33%	1.46%	1.46%	1.62%

Source: Ownwell

Property Tax Assessment Values Across Graford, Palo Pinto County, Texas

When examining property taxes in Graford, TX, 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 May. 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 Graford. For example, the median home price in Graford is $329,080, with tax bills ranging significantly across the county. 76449 has the highest median home price at $329,080.

Property Tax Assessment Values Across Graford, Palo Pinto County, Texas

Source: Ownwell

$74,950

$282,175

$489,400

Median Graford Market Value

$406,330

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 Graford, Palo Pinto County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76449	$41,506	$99,790	$406,330	$908,080	$1,615,588

Source: Ownwell

Property Tax Bills Across Graford, Palo Pinto County, Texas

In Graford, located in Palo Pinto County, TX, property tax bills are determined by assessing the property's market value and applying the local tax rate. The assessed value is a crucial factor in calculating the tax bill, which influences the financial responsibility of homeowners. With the national median property tax rate at 1.02%, Graford's property taxes can vary significantly, with bills ranging from $1,266 at the 25th percentile to $20,412 at the 90th percentile. The highest median tax bill in the 76449 zip code is $4,667, matching the lowest, indicating a uniform tax environment within this area. These taxes can pose a substantial burden on homeowners, particularly those with higher assessed property values. Ownwell offers a solution by assisting homeowners in appealing their property tax assessments, potentially reducing their tax bills. Our expertise in navigating the complexities of property tax appeals ensures that homeowners pay only their fair share, providing significant savings and financial relief.

Property Tax Bills Across Graford, Palo Pinto County, Texas

Source: Ownwell

$1,135

$3,890

$6,644

Median Graford Tax Bill

$5,581

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 Graford, Palo Pinto County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76449	$594	$1,375	$5,581	$12,535	$22,897

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

Frequently Asked Property Tax Questions in Graford, Texas

How are property taxes calculated in Graford, Texas?

Property taxes in Graford, 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 Graford, Texas?

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

Common property tax exemptions in Graford, 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 Graford, Texas?

Property tax deadlines in Graford, 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 Graford, Texas?

Ownwell provides professional property tax appeal services in Graford, 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.