Reagan, Falls County, Texas Property Taxes
Property Taxes in Reagan, Texas
Median Reagan, Texas effective property tax rate: 1.80%, significantly higher than the national median of 1.02%, and higher than the Texas state median of 1.48%.
Median Reagan, Texas home value: $83,840
Median annual Reagan, Texas tax bill: $1,101, $1,299 lower than the national median property tax bill of $2,400.
How are property taxes in Falls calculated?
Property taxes in Reagan, 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 Reagan's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Reagan, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Reagan, Falls County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.8%
Estimate Property Tax Bill
$1,509
$1,400
How Does the Reagan Property Tax Calculator Work?
Use this Reagan property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Reagan's median effective tax rate of 1.80% — 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 Reagan'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 Reagan: rates range from 1.80% in 76680 to 1.80% in 76680, 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 Reagan.
About Reagan Property Taxes
About Property Taxes in Reagan, Falls, Texas
Reagan's median effective property tax rate of 1.80% is higher 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 Reagan. Homeowners in the 76680 ZIP code carry a median effective rate of 1.80%, while those in 76680 pay 1.80%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Falls County. Understanding which part of Reagan you live in can make a meaningful difference to your annual tax bill.
Reagan 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 Reagan, 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 Reagan'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 Reagan Tax Rate
1.80%
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 Reagan, Falls County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76680 | 0.69% | 1.09% | 1.80% | 2.04% | 2.04% |
Source: Ownwell
Property Tax Assessment Values Across Reagan, Falls County, Texas
When examining property taxes in Reagan, 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 when notices are sent.
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 Reagan is $83,840, with tax bills ranging significantly across the county. Zip code 76680 has the highest median home price at $83,840.
Property Tax Assessment Values Across Reagan, Falls County, Texas
Source: Ownwell
$50,935
$181,293
$311,650
Median Reagan Market Value
$83,840
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 Reagan, Falls County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76680 | $17,382 | $44,565 | $83,840 | $161,455 | $312,300 |
Source: Ownwell
Property Tax Bills Across Reagan, Falls County, Texas
Property tax bills in Reagan are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. Local taxing authorities use that value to determine how much a homeowner owes each year.
Several factors can affect the final bill, including the home’s value, local tax rates, and any exemptions that may apply. For a home with a median price of $83,840, the tax bill can vary widely across the area. The 25th percentile tax bill is $661, while the 75th percentile is $2,195 and the 90th percentile reaches $3,394.
The median tax bill in ZIP code 76680 is $1,101, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. For homeowners, this means property taxes can be a meaningful part of annual housing costs, especially when assessed values rise faster than expected.
Median Reagan Tax Bill
$1,101
Median Falls County Tax Bill
$1,688
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Reagan, Falls County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76680 | $298 | $661 | $1,101 | $2,195 | $3,394 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
Links | |
|---|---|
| Falls Appraisal District | |
| Website | esearch.fallscad.net |