Ravenna, Fannin County, Texas Property Taxes
Property Taxes in Ravenna, Texas
Median Ravenna, Texas effective property tax rate: 1.07%, significantly higher than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Ravenna, Texas home value: $243,170
Median annual Ravenna, Texas tax bill: $2,109, $291 lower than the national median property tax bill of $2,400.
How are property taxes in Fannin calculated?
Property taxes in Ravenna, 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 Ravenna's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ravenna, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Ravenna, Fannin County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.07%
Estimate Property Tax Bill
$2,602
$2,415
How Does the Ravenna Property Tax Calculator Work?
Use this Ravenna property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Ravenna's median effective tax rate of 1.07% — 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 Ravenna'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 Ravenna: rates range from 1.07% in 75476 to 1.07% in 75476, 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 Ravenna.
About Ravenna Property Taxes
About Property Taxes in Ravenna, Fannin, Texas
Ravenna’s median effective property tax rate of 1.07% is lower than the Texas state median of 1.48% and higher 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 that vary by subdivision throughout the city.
Property tax rates are not uniform across Ravenna. Homeowners in ZIP code 75476 carry a median effective rate of 1.07%, and the same ZIP also has a median tax bill of $2,109. Understanding where you live can still make a meaningful difference to your annual tax bill.
Ravenna 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 Ravenna, 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 Ravenna'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 Ravenna Tax Rate
1.07%
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 Ravenna, Fannin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75476 | 0.37% | 0.75% | 1.07% | 1.40% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Ravenna, Fannin County, Texas
When examining property taxes in Ravenna, 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 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 Ravenna, the median home price is $243,170, with a median tax bill of $2,109. Tax bills range significantly across the county, and 75476 has the highest median home price at $243,170.
Property Tax Assessment Values Across Ravenna, Fannin County, Texas
Source: Ownwell
$83,540
$262,105
$440,670
Median Ravenna Market Value
$243,170
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 Ravenna, Fannin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75476 | $57,620 | $116,985 | $243,170 | $452,090 | $675,820 |
Source: Ownwell
Property Tax Bills Across Ravenna, Fannin County, Texas
Property tax bills in Ravenna are based on the assessed value of a home and the local tax rates set by taxing authorities in Fannin County. When a property’s market value changes, the assessed value can change too, which affects the final bill homeowners receive. The tax bill is calculated by applying the relevant tax rates to that assessed value, so homes with higher values generally face higher bills.
For Ravenna homeowners, the median home price is $243,170, and the median property tax bill is $2,109, which is below the national median property tax bill of $2,400. Bills can vary widely depending on location and property value, with the 25th percentile at $1,156 and the 75th percentile at $3,779. At the higher end, the 90th percentile reaches $5,565, showing how much taxes can differ from one homeowner to another.
Median Ravenna Tax Bill
$2,109
Median Fannin County Tax Bill
$2,378
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Ravenna, Fannin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75476 | $553 | $1,156 | $2,109 | $3,779 | $5,565 |
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 |