Telephone, Fannin County, Texas Property Taxes

$774 avg. annual savings

No Upfront Costs

You only pay if we save

Property Taxes in Telephone, Texas

Median Telephone, Texas effective property tax rate: 0.93%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Telephone, Texas home value: $247,370
Median annual Telephone, Texas tax bill: $1,858, $542 lower than the national median property tax bill of $2,400.

How are property taxes in Fannin calculated?

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

Last Updated April 13, 2026

Telephone, Fannin County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.93%

Estimate Property Tax Bill

$2,301

$2,135

How Does the TELEPHONE Property Tax Calculator Work?

Use this TELEPHONE property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies TELEPHONE's median effective tax rate of 0.93% — 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 TELEPHONE'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 TELEPHONE: rates range from 0.93% in 75488 to 0.93% in 75488, 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 TELEPHONE.

About Telephone Property Taxes

About Property Taxes in TELEPHONE, Fannin, Texas

TELEPHONE's median effective property tax rate of 0.93% 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 TELEPHONE. Homeowners in the 75488 ZIP code carry a median effective rate of 0.93%, while those in the same ZIP code pay 0.93%. 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 TELEPHONE you live in can make a meaningful difference to your annual tax bill.

TELEPHONE 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 Telephone, 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 Telephone's effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.

Property Tax Rates Across Telephone, Fannin County, Texas

Source: Ownwell

0.93%

1.17%

1.41%

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 Telephone Tax Rate

0.93%

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 Telephone, Fannin County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75488	0.25%	0.59%	0.93%	1.23%	1.30%

Source: Ownwell

Property Tax Assessment Values Across Telephone, Fannin County, Texas

When examining property taxes in Telephone, 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. The median home price in Telephone is $247,370, and the median property tax bill is $1,858, compared with the national median property tax bill of $2,400. Tax bills range significantly across the county, and 75488 has the highest median home price at $247,370.

Property Tax Assessment Values Across Telephone, Fannin County, Texas

Source: Ownwell

$83,540

$262,105

$440,670

Median Telephone Market Value

$247,370

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 Telephone, Fannin County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75488	$66,668	$126,490	$247,370	$488,815	$800,488

Source: Ownwell

Property Tax Bills Across Telephone, Fannin County, Texas

Telephone property tax bills are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For homeowners in Telephone, the amount owed can vary depending on the home’s value, local taxing jurisdictions, and any exemptions that reduce the taxable amount.

With a median home price of $247,370, property tax bills can differ widely from one household to another. The 25th percentile tax bill is $961, while the 75th percentile is $3,408 and the 90th percentile reaches $5,228. The median tax bill in the area is $1,858, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%.

Because property taxes are tied to assessed value, homeowners with higher-valued homes often pay more, while those with lower assessed values or qualifying exemptions may pay less. This makes the property tax bill an important part of overall housing costs in Telephone.

Property Tax Bills Across Telephone, Fannin County, Texas

Source: Ownwell

$907

$2,935

$4,962

Median Telephone Tax Bill

$1,858

Median Fannin County Tax Bill

$2,378

Median Texas Tax Bill

$3,441

Median United States Tax Bill

$2,400

Property Tax Bills Across Telephone, Fannin County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75488	$493	$961	$1,858	$3,408	$5,228

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

Frequently Asked Property Tax Questions in Telephone, Texas

How are property taxes calculated in Telephone, Texas?

Property taxes in Telephone, Texas are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Telephone, Texas?

To appeal your property taxes in Telephone, Texas, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Telephone, Texas?

Common property tax exemptions in Telephone, Texas include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Telephone, Texas?

Property tax deadlines in Telephone, Texas vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Telephone, Texas?

Ownwell provides professional property tax appeal services in Telephone, Texas. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.