Eddy, Falls County, Texas Property Taxes
Property Taxes in Eddy, Texas
Median Eddy, Texas effective property tax rate: 1.24%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Eddy, Texas home value: $179,045
Median annual Eddy, Texas tax bill: $2,013, $387 lower than the national median property tax bill of $2,400.
How are property taxes in Falls calculated?
Property taxes in Eddy, 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 Eddy's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Eddy, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Eddy, Falls County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.24%
Estimate Property Tax Bill
$2,220
$2,060
How Does the Eddy Property Tax Calculator Work?
Use this Eddy property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Eddy's median effective tax rate of 1.24% — based on actual property records in Falls 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 Eddy'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 Eddy: rates range from 2013.00% in 76524 to 2013.00% in 76524, 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 Eddy.
About Eddy Property Taxes
About Property Taxes in Eddy, Falls, Texas
Eddy’s median effective property tax rate of 1.24% is lower than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Falls 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 Eddy. Homeowners in the 76524 ZIP code carry a median effective rate of 1.24%, while those in the same ZIP also pay 1.24%. This spread is minimal, but it still reflects how school district boundaries and local assessment districts are drawn across Falls County. Understanding where you live in Eddy can make a meaningful difference to your annual tax bill.
Eddy 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 Eddy, Falls 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 Eddy'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 Eddy Tax Rate
1.24%
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 Falls County Tax Rate
1.83%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Eddy, Falls County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76524 | 0.49% | 0.83% | 1.24% | 1.71% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Eddy, Falls County, Texas
When examining property taxes in Eddy, 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 Falls 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 Falls County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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 Eddy.
For example, the median home price in Eddy is $179,045, with tax bills ranging significantly across the county. 76524 has the highest median home price at $179,045.
Property Tax Assessment Values Across Eddy, Falls County, Texas
Source: Ownwell
$50,935
$181,293
$311,650
Median Eddy Market Value
$179,045
Median Falls County Market Value
$95,780
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Eddy, Falls County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76524 | $52,171 | $100,688 | $179,045 | $345,582 | $588,561 |
Source: Ownwell
Property Tax Bills Across Eddy, Falls County, Texas
Eddy property tax bills are based on the assessed value of a home and the local tax rate set by the county and other taxing authorities. For homeowners in Falls County, the bill reflects how the market value of a property is translated into an assessed value, then multiplied by the applicable tax rate to determine what is owed each year.
With a median home price of $179,045, property taxes can vary widely depending on the home’s value and location. The 25th percentile tax bill is $985, while the 75th percentile is $3,397 and the 90th percentile reaches $5,339. The median tax bill in the area is $2,013, which is below the national median property tax bill of $2,400 and slightly below the national median property tax rate of 1.02%.
For homeowners, this means a higher assessed value can lead to a larger tax bill, even if the tax rate stays the same.
Median Eddy Tax Bill
$2,013
Median Falls County Tax Bill
$1,688
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Eddy, Falls County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76524 | $474 | $985 | $2,013 | $3,397 | $5,339 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
Links | |
|---|---|
| Falls Appraisal District | |
| Website | esearch.fallscad.net |