Farwell, Parmer County, Texas Property Taxes
Property Taxes in Farwell, Texas
Median Farwell, Texas effective property tax rate: 1.45%, lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Farwell, Texas home value: $120,199
Median annual Farwell, Texas tax bill: $1,619, lower than the national median property tax bill of $2,400.
How are property taxes in Parmer County calculated?
Property taxes in Farwell, 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 Farwell's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Farwell, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Farwell, Parmer County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.45%
Estimate Property Tax Bill
$1,743
$1,617
How Does the Farwell Property Tax Calculator Work?
Use this Farwell property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Farwell's median effective tax rate of 1.45% — based on actual property records in Parmer 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 Farwell'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 Farwell: rates range from 1.45% in 79325 to 1.45% in 79325, 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 Farwell.
About Farwell Property Taxes
About Property Taxes in Farwell, Parmer, Texas
Farwell’s median effective property tax rate of 1.45% is lower than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Parmer 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 Farwell. Homeowners in the 79325 ZIP code carry a median effective rate of 1.45%, while those in the same ZIP code also pay 1.45%. This spread reflects how school district boundaries and local assessment districts are drawn across Parmer County. Understanding which part of Farwell you live in can make a meaningful difference to your annual tax bill.
Farwell 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 Farwell, Parmer 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 Farwell'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 Farwell Tax Rate
1.45%
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 Parmer County Tax Rate
1.38%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Farwell, Parmer County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79325 | 0.75% | 1.07% | 1.45% | 1.75% | 1.84% |
Source: Ownwell
Property Tax Assessment Values Across Farwell, Parmer County, Texas
When examining property taxes in Farwell, 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 Parmer 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 Parmer 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 Farwell.
For example, the median home price in Farwell is $120,199, with tax bills ranging significantly across the county. 79325 has the highest median home price at $120,199.
Property Tax Assessment Values Across Farwell, Parmer County, Texas
Source: Ownwell
$89,595
$152,690
$215,785
Median Farwell Market Value
$120,199
Median Parmer County Market Value
$110,203
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Farwell, Parmer County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79325 | $29,560 | $68,356 | $120,199 | $202,222 | $354,471 |
Source: Ownwell
Property Tax Bills Across Farwell, Parmer County, Texas
Property tax bills in Farwell are based on the assessed value of a home and the local tax rates set by taxing authorities in Parmer County. When a property’s market value rises, the assessed value can increase too, which may lead to a higher bill. The tax bill is calculated by applying the relevant rates to that assessed value, so both the home’s value and the local levy matter.
For homeowners in Farwell, this means the amount owed can change from year to year even if nothing about the property itself has changed. With a median home price of $120,199, the typical tax burden is shaped by how local assessments compare with the market. Tax bills in the area vary widely, with the 25th percentile at $823 and the 75th percentile at $2,717, while the 90th percentile reaches $4,024. The median tax bill is $1,619, which is below the national median property tax bill of $2,400.
Median Farwell Tax Bill
$1,619
Median Parmer County Tax Bill
$1,408
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Farwell, Parmer County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79325 | $385 | $823 | $1,619 | $2,717 | $4,024 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
Links | |
|---|---|
| Parmer Appraisal District | |
| Website | esearch.parmercad.org |