Penwell, Ector County, Texas Property Taxes
Property Taxes in Penwell, Texas
Median Penwell, Texas effective property tax rate: 1.62%, significantly higher than the national median of 1.02%, and higher than the Texas state median of 1.48%.
Median Penwell, Texas home value: $64,957
Median annual Penwell, Texas tax bill: $606, lower than the national median property tax bill of $2,400.
How are property taxes in Ector calculated?
Property taxes in Penwell, 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 Penwell's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Penwell, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Penwell, Ector County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.62%
Estimate Property Tax Bill
$1,052
$977
How Does the Penwell Property Tax Calculator Work?
Use this Penwell property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Penwell's median effective tax rate of 1.62% — based on actual property records in Ector 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 Penwell'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 Penwell: rates range from 1.62% in 79776 to 1.62% in 79776, 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 Penwell.
About Penwell Property Taxes
About Property Taxes in Penwell, Ector, Texas
Penwell’s median effective property tax rate of 1.62% is higher than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Ector 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 Penwell. Homeowners in the 79776 ZIP code carry a median effective rate of 1.62%, while those in the same ZIP also pay 1.62%. This reflects how school district boundaries and local assessment districts are drawn across Ector County. Understanding which part of Penwell you live in can make a meaningful difference to your annual tax bill.
Penwell 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 Penwell, Ector 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 Penwell'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 Penwell Tax Rate
1.62%
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 Ector County Tax Rate
1.56%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Penwell, Ector County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79776 | 0.66% | 1.47% | 1.62% | 1.62% | 1.62% |
Source: Ownwell
Property Tax Assessment Values Across Penwell, Ector County, Texas
When examining property taxes in Penwell, 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 Ector 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 Ector County, assessment notices are sent in the spring 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. For example, the median home price in Penwell is $64,957, with tax bills ranging significantly across the county. The median tax bill is $606, compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Zip code 79776 has the highest median home price at $64,957.
Property Tax Assessment Values Across Penwell, Ector County, Texas
Source: Ownwell
$9,677
$140,402
$271,126
Median Penwell Market Value
$64,957
Median Ector County Market Value
$122,252
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Penwell, Ector County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79776 | $6,986 | $8,146 | $64,957 | $250,372 | $321,334 |
Source: Ownwell
Property Tax Bills Across Penwell, Ector County, Texas
Property tax bills in Penwell are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value set by the county. For homeowners, that means the bill depends on both how much a property is worth and the tax rates set by local taxing authorities.
With a median home price of $64,957, Penwell homeowners generally face lower property tax bills than many U.S. homeowners, whose national median bill is $2,400. Still, the amount can vary widely from one property to another. In Penwell, the 25th percentile tax bill is $132, while the 75th percentile is $2,439 and the 90th percentile reaches $4,650.
These differences matter because a higher assessed value or a higher tax rate can increase the annual bill, affecting monthly housing costs and long-term affordability.
Median Penwell Tax Bill
$606
Median Ector County Tax Bill
$1,466
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Penwell, Ector County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79776 | $113 | $132 | $606 | $2,439 | $4,650 |
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 | |
|---|---|
| Ector Appraisal District | |
| Website | search.ectorcad.org |