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Canyon, Randall County, Texas Property Taxes

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Property Taxes in Canyon, Texas

  • Median Canyon, Texas effective property tax rate: 1.18%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.

  • Median Canyon, Texas home value: $259,176

  • Median annual Canyon, Texas tax bill: $2,778, higher by $378 than the national median property tax bill of $2,400.

How are property taxes in Randall County calculated?

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

Last Updated April 13, 2026

Canyon, Randall County, Texas Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.18%

Estimate Property Tax Bill

$3,058

$2,838

SAVE WITH OWNWELL

$774

Average Annual Tax Savings

How Does the Canyon Property Tax Calculator Work?

Use this Canyon property tax calculator to estimate your annual tax bill. Enter your property’s assessed value and our calculator applies Canyon’s median effective tax rate of 1.18% — based on actual property records in Randall 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 Canyon’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 Canyon: rates are 2778.00 in 79015, primarily due to differences in school district levies and local assessment districts. Canyon’s median effective tax rate is lower than the 1.48% state median, but the median tax bill of $2778 is higher than the $2400 national median.

If your estimate is higher than expected, Ownwell can appeal your Canyon assessment — you only pay if we save you money.

About Canyon Property Taxes

About Property Taxes in Canyon, Randall, Texas

Canyon’s median effective property tax rate of 1.18% is lower than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Randall 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 Canyon. Homeowners in ZIP code 79015 carry a median effective rate of 1.18%, and the same ZIP code also has a median tax bill of $2,778. That compares with the national median property tax bill of $2,400, showing how local assessed values and district boundaries shape what homeowners pay.

Canyon 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 Canyon, Randall 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 Canyon's effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.

Property Tax Rates Across Canyon, Randall County, Texas

Source: Ownwell

0.99%

1.26%

1.52%

Our median effective property tax rate (tax bill Ă· 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 Canyon Tax Rate

1.18%

Our median effective property tax rate (tax bill Ă· 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 Randall County Tax Rate

1.34%

Median Effective Texas Tax Rate

1.48%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Canyon, Randall County, Texas

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
790150.43%0.85%1.18%1.55%1.70%
79119N/AN/AN/AN/AN/A

Source: Ownwell

Property Tax Assessment Values Across Canyon, Randall County, Texas

When examining property taxes in Canyon, 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 Randall 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 Randall 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 Canyon.

For example, the median home price in Canyon is $259,176, with tax bills ranging significantly across the county. 79015 has the highest median home price at $259,712.

Property Tax Assessment Values Across Canyon, Randall County, Texas

Source: Ownwell

$118,238

$236,798

$355,357

Median Canyon Market Value

$259,176

Median Randall County Market Value

$235,586

Median Texas Market Value

$258,851

Median United States Market Value

$235,294

Property Tax Assessment Values Across Canyon, Randall County, Texas

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
79015$63,702$157,955$259,712$374,332$532,122
79119N/AN/AN/AN/AN/A

Source: Ownwell

Property Tax Bills Across Canyon, Randall County, Texas

Property tax bills in Canyon are based on the assessed value of a home and the local tax rates set by taxing authorities in Randall County. When a property is valued higher, the tax bill generally rises, which can increase the amount homeowners owe each year. For a home with a median price of $259,176, the property tax burden can vary widely, with bills ranging from $1,290 at the 25th percentile to $4,303 at the 75th percentile and $5,758 at the 90th percentile. The median tax bill in the area is $2,778, which is above the national median property tax bill of $2,400.

Ownwell helps homeowners challenge unfair assessments and find savings through property tax appeals and exemptions. By reviewing your home’s assessed value and identifying opportunities to lower your bill, Ownwell can help reduce what you pay and keep more money in your pocket.

Property Tax Bills Across Canyon, Randall County, Texas

Source: Ownwell

$1,505

$3,217

$4,928

Median Canyon Tax Bill

$2,778

Median Randall County Tax Bill

$2,928

Median Texas Tax Bill

$3,441

Median United States Tax Bill

$2,400

Property Tax Bills Across Canyon, Randall County, Texas

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
79015$444$1,291$2,778$4,304$5,758
79119N/AN/AN/AN/AN/A

Source: Ownwell

Don't miss the deadline to protest!

Frequently Asked Property Tax Questions in Canyon, Texas

How are property taxes calculated in Canyon, Texas?
Property taxes in Canyon, 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 Canyon, Texas?
To appeal your property taxes in Canyon, 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 Canyon, Texas?
Common property tax exemptions in Canyon, 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 Canyon, Texas?
Property tax deadlines in Canyon, 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 Canyon, Texas?
Ownwell provides professional property tax appeal services in Canyon, 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.