Ivanhoe, Fannin County, Texas Property Taxes
Property Taxes in Ivanhoe, Texas
Median Ivanhoe, Texas effective property tax rate: 0.96%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Ivanhoe, Texas home value: $235,260
Median annual Ivanhoe, Texas tax bill: $1,919, $481 lower than the national median property tax bill of $2,400.
How are property taxes in Fannin calculated?
Property taxes in Ivanhoe, 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 Ivanhoe's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ivanhoe, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Ivanhoe, Fannin County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.96%
Estimate Property Tax Bill
$2,258
$2,096
How Does the Ivanhoe Property Tax Calculator Work?
Use this Ivanhoe property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Ivanhoe's median effective tax rate of 0.96% — based on actual property records in Fannin 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 Ivanhoe'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 Ivanhoe: rates range from 1919.00 in 75447 to 1919.00 in 75447, 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 Ivanhoe.
About Ivanhoe Property Taxes
About Property Taxes in Ivanhoe, Fannin, Texas
Ivanhoe’s median effective property tax rate of 0.96% is lower than the Texas state median of 1.48% and lower than the national median of 1.02%. This rate reflects the Fannin 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 Ivanhoe. Homeowners in the 75447 ZIP code carry a median effective rate of 0.96%, while those in the same ZIP code also pay 0.96%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Fannin County. Understanding which part of Ivanhoe you live in can make a meaningful difference to your annual tax bill.
Ivanhoe 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 Ivanhoe, Fannin 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 Ivanhoe'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 Ivanhoe Tax Rate
0.96%
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 Fannin County Tax Rate
1.27%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ivanhoe, Fannin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75447 | 0.35% | 0.68% | 0.96% | 1.19% | 1.26% |
Source: Ownwell
Property Tax Assessment Values Across Ivanhoe, Fannin County, Texas
When examining property taxes in Ivanhoe, 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.
Assessment notices:
In Fannin 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 Ivanhoe.
For example, the median home price in Ivanhoe is $235,260, with tax bills ranging significantly across the county. 75447 has the highest median home price at $235,260.
Property Tax Assessment Values Across Ivanhoe, Fannin County, Texas
Source: Ownwell
$83,540
$262,105
$440,670
Median Ivanhoe Market Value
$235,260
Median Fannin County Market Value
$206,260
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ivanhoe, Fannin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75447 | $64,110 | $132,665 | $235,260 | $455,350 | $735,015 |
Source: Ownwell
Property Tax Bills Across Ivanhoe, Fannin County, Texas
Property tax bills in Ivanhoe are based on the assessed value of a home and the local tax rate set by the county and other taxing entities. When a property’s market value rises, the assessed value can increase too, which may lead to a higher tax bill.
For homeowners in Ivanhoe, the median home price is $235,260, and the median property tax bill is $1,919. That is below the national median property tax bill of $2,400, but bills can still vary widely from one home to another. In fact, property tax bills in the area range from $1,088 at the 25th percentile to $5,126 at the 90th percentile.
Several factors affect the final bill, including the home’s assessed value, exemptions, and the tax rates applied by local jurisdictions. Because these amounts are tied to both property value and local taxation, homeowners may see changes even if they do not sell or remodel their home.
Median Ivanhoe Tax Bill
$1,919
Median Fannin County Tax Bill
$2,378
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Ivanhoe, Fannin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75447 | $540 | $1,088 | $1,919 | $3,226 | $5,126 |
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 |