Iowa Park, Wichita County, Texas Property Taxes

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Property Taxes in Iowa Park, Texas

Median Iowa Park, Texas effective property tax rate: 2.07%, significantly higher than the national median of 1.02%, and higher than the Texas state median of 1.48%.
Median Iowa Park, Texas home value: $147,932
Median annual Iowa Park, Texas tax bill: $3,020, $620 higher than the national median property tax bill of $2,400.

How are property taxes in Wichita calculated?

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

Last Updated April 13, 2026

Iowa Park, Wichita County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.07%

Estimate Property Tax Bill

$3,062

$2,842

How Does the Iowa Park Property Tax Calculator Work?

Use this Iowa Park property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Iowa Park's median effective tax rate of 2.07% — based on actual property records in Wichita 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 Iowa Park'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 Iowa Park: rates range from 2.07% in 76367 to 2.07% in 76367, 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 Iowa Park.

About Iowa Park Property Taxes

About Property Taxes in Iowa Park, Wichita, Texas

Iowa Park’s median effective property tax rate of 2.07% is higher than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Wichita 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 Iowa Park. Homeowners in the 76367 ZIP code carry a median effective rate of 2.07%, while those in the lowest ZIP code also pay 2.07%. This spread reflects how school district boundaries and local assessment districts are drawn across Wichita County. Understanding which part of Iowa Park you live in can make a meaningful difference to your annual tax bill.

Iowa Park 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 Iowa Park, Wichita 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 Iowa Park'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 Iowa Park, Wichita County, Texas

Source: Ownwell

1.59%

2.08%

2.56%

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 Iowa Park Tax Rate

2.07%

Median Effective Wichita County Tax Rate

2.29%

Median Effective Texas Tax Rate

1.48%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Iowa Park, Wichita County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76367	1.42%	1.59%	2.07%	2.30%	2.30%

Source: Ownwell

Property Tax Assessment Values Across Iowa Park, Wichita County, Texas

When examining property taxes in Iowa Park, 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 Wichita 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 Wichita 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 Iowa Park.

For example, the median home price in Iowa Park is $147,932, with tax bills ranging significantly across the county. 76367 has the highest median home price at $147,932.

Property Tax Assessment Values Across Iowa Park, Wichita County, Texas

Source: Ownwell

$54,786

$137,075

$219,364

Median Iowa Park Market Value

$147,932

Median Wichita County Market Value

$138,512

Median Texas Market Value

$258,851

Median United States Market Value

$235,294

Property Tax Assessment Values Across Iowa Park, Wichita County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76367	$38,491	$86,785	$147,932	$225,529	$318,059

Source: Ownwell

Property Tax Bills Across Iowa Park, Wichita County, Texas

Property tax bills in Iowa Park are calculated from a home’s assessed value and the local tax rates set by taxing authorities in Wichita County. The assessed value is based on the market value of the property, and that figure is multiplied by the applicable tax rate to determine the annual bill. For homeowners, this means a higher assessed value can lead to a larger property tax bill, even if the home has not been sold.

In Iowa Park, the median home price is $147,932, and the median property tax bill is $3,020, which is above the national median property tax bill of $2,400 and above the national median property tax rate of 1.02%. Bills can vary widely, with the 25th percentile at $1,752 and the 75th percentile at $4,299. At the high end, the 90th percentile reaches $5,877, showing how much property taxes can affect homeowners depending on their assessed value and location.

Property Tax Bills Across Iowa Park, Wichita County, Texas

Source: Ownwell

$1,109

$2,990

$4,871

Median Iowa Park Tax Bill

$3,020

Median Wichita County Tax Bill

$2,984

Median Texas Tax Bill

$3,441

Median United States Tax Bill

$2,400

Property Tax Bills Across Iowa Park, Wichita County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76367	$720	$1,752	$3,020	$4,299	$5,877

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
Wichita Appraisal District
Website	esearch.wadtx.com

Frequently Asked Property Tax Questions in Iowa Park, Texas

How are property taxes calculated in Iowa Park, Texas?

Property taxes in Iowa Park, 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 Iowa Park, Texas?

To appeal your property taxes in Iowa Park, 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 Iowa Park, Texas?

Common property tax exemptions in Iowa Park, 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 Iowa Park, Texas?

Property tax deadlines in Iowa Park, 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 Iowa Park, Texas?

Ownwell provides professional property tax appeal services in Iowa Park, 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.