Bells, Fannin County, Texas Property Taxes

Name: Property Tax Bills Across Bells, Fannin County, Texas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Bells, TX effective property tax rate: 1.03%, slightly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Bells, TX home value: $287,120
Median annual Bells, TX tax bill: $3,223, $823 higher than the national median property tax bill of $2,400.

How are property taxes in Fannin County calculated?

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

Last Updated March 1, 2025

Bells, Fannin County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.03%

Estimate Property Tax Bill

$2,957

$2,744

Ownwell’s Bells Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bells with just two data points. By entering your property's estimated assessed value, our calculator applies Bells’ median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Fannin County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bells, Fannin County, Texas

Local government entities in Texas determine property tax rates, leading to significant variations across the state. Each year, counties such as Fannin calculate their required budget to maintain essential services and divide this by the total assessed value of all taxable properties within their borders. This process establishes the property tax rate for that year. Although the setting of tax rates and budgets involves votes and legislative measures, this is essentially the annual routine.

In Bells, located in Fannin County, the effective property tax rate can be compared to other cities across Texas. The median property tax rate in Texas stands at 1.03%, slightly above the national median of 1.02%. This comparison highlights regional differences and offers insights into how property taxes in Bells align with broader state and national trends. Understanding these variations can be crucial for property owners seeking to manage their tax liabilities effectively. By recognizing how local tax rates are determined and how they compare to state and national averages, property owners can make informed decisions about their investments and potential tax appeals.

Property Tax Rates Across Bells, Fannin County, Texas

Source: Ownwell

0.94%

1.23%

1.52%

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 Bells Tax Rate

1.03%

Median Effective Fannin County Tax Rate

1.33%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bells, Fannin County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75414	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Bells, Fannin County, Texas

When examining property taxes in Bells, 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 Fannin 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.

In Fannin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Bells. For example, the median home price in Bells is $287,120, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Bells, Fannin County, Texas

Source: Ownwell

$79,905

$232,343

$384,780

Median Bells Market Value

$287,120

Median Fannin County Market Value

$196,430

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bells, Fannin County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75414	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Bells, Fannin County, Texas

In Bells, located in Fannin County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. The assessed value is then multiplied by the local tax rate to determine the tax bill. With a median home price of $287,120, residents often see tax bills that can range significantly. For instance, the 25th percentile tax bill is $2,323, while the 75th percentile rises to $4,271, and the 90th percentile reaches $4,918. These figures highlight how property taxes can vary widely, impacting homeowners' financial planning. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Bells' homeowners may find themselves paying more or less, depending on their property's assessed value and specific tax rate. Ownwell can assist homeowners by evaluating their property's assessed value and identifying potential inaccuracies. By appealing these assessments, Ownwell helps homeowners reduce their tax burden, ensuring they only pay their fair share.

Property Tax Bills Across Bells, Fannin County, Texas

Source: Ownwell

$931

$3,165

$5,399

Median Bells Tax Bill

$3,223

Median Fannin County Tax Bill

$2,400

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Bells, Fannin County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75414	N/A	N/A	N/A	N/A	N/A

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
Fannin Appraisal District
Website	esearch.fannincad.org