Grayson County, Texas Property Taxes
Property Taxes in Grayson County, Texas
Median Grayson County effective property tax rate: 1.71%, significantly higher than the national median of 1.02%.
Median Grayson County home value: $221,021
Median annual Grayson County tax bill: $3,795, $1,395 higher than the national median property tax bill of $2,400.
How are property taxes in Grayson County calculated?
Property taxes in Grayson County 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.
Why are property taxes in Grayson County higher than the national median? The median effective property tax rate is 1.71%, which is above the national median of 1.02%.
How does the median tax bill in Grayson County compare with Texas? The median annual tax bill is $3,795, which is $1,395 higher than the national median property tax bill of $2,400.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Grayson County or another part of the county, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Grayson County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.71%
Estimate Property Tax Bill
$3,779
$3,507
$774
Average Annual Tax Savings
How Does the Grayson County Property Tax Calculator Work?
Use this Grayson County property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Grayson County's median effective tax rate of 1.71% — drawn from real transactions across the county — to generate your estimate.
Enter your property's estimated assessed value — the value the appraisal district assigns to your property, typically lower than market value after exemptions. Our calculator uses the median effective rate (actual bills divided by market value), which accounts for typical exemptions and is more accurate than applying the statutory millage rate directly.
Grayson County's median property tax bill is $3,795, which is higher than the Texas median tax bill by $1,395 and above the national median property tax bill of $2,400. Rates vary across Grayson County — scroll down to explore city-level trends and find the rate specific to your area. The highest median tax bill is in Gunter at $9,242, while the lowest is in Gordonville at $1,447.
If your estimate is higher than expected, Ownwell can protest your Grayson County assessment.
Property Tax Rates Across Grayson County, Texas
What Are Effective Property Tax Rates Across Grayson County?
Local government entities set tax rates, which vary widely across Grayson County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Grayson County's effective property tax rate to other counties in Texas or the U.S. median of 1.02%.
Grayson County's median effective rate stands at 1.71%, which is higher than the national median of 1.02%. Within Grayson County, the highest rate is found in Denison at 2.20%, while Trenton has the lowest at 0.95%.
These variations reflect differences in local school district levies, Municipal Utility Districts (MUDs) assessments, and special district bonds — which compound the base county rate.
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 Grayson County Tax Rate
1.71%
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 Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Grayson County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bells | 0.66% | 1.13% | 1.59% | 1.86% | 2.16% |
| Collinsville | 0.77% | 1.39% | 1.68% | 2.22% | 2.22% |
| Denison | 1.23% | 1.61% | 2.20% | 2.32% | 2.32% |
| Gainesville | 0.73% | 1.02% | 1.29% | 1.59% | 1.61% |
| Gordonville | 0.90% | 1.37% | 1.58% | 1.58% | 1.58% |
| Gunter | 1.01% | 1.42% | 1.71% | 2.20% | 2.20% |
| Howe | 0.53% | 1.24% | 1.50% | 1.93% | 2.03% |
| Pilot Point | 0.49% | 0.63% | 1.48% | 1.60% | 2.06% |
| Pottsboro | 0.86% | 1.11% | 1.39% | 1.39% | 1.80% |
| Sadler | 0.53% | 0.89% | 1.33% | 1.49% | 1.49% |
| Savoy | 0.68% | 0.79% | 1.18% | 1.59% | 1.59% |
| Sherman | 1.11% | 1.50% | 2.05% | 2.19% | 2.19% |
| Southmayd | 0.84% | 1.35% | 2.01% | 2.09% | 2.09% |
| Tioga | 1.02% | 1.67% | 1.83% | 2.17% | 2.17% |
| Tom Bean | 0.98% | 1.37% | 1.62% | 1.94% | 1.94% |
| Trenton | 0.33% | 0.51% | 0.95% | 1.02% | 1.63% |
| Van Alstyne | 1.25% | 1.57% | 1.97% | 2.23% | 2.23% |
| Whitesboro | 0.82% | 1.33% | 1.58% | 1.97% | 1.97% |
| Whitewright | 0.62% | 1.06% | 1.44% | 1.72% | 1.90% |
| Broaddus | N/A | N/A | N/A | N/A | N/A |
| Brooks Cb | N/A | N/A | N/A | N/A | N/A |
| Celina | N/A | N/A | N/A | N/A | N/A |
| Dorchester | N/A | N/A | N/A | N/A | N/A |
| Knollwood | N/A | N/A | N/A | N/A | N/A |
| Sheramn | N/A | N/A | N/A | N/A | N/A |
| Shreman | N/A | N/A | N/A | N/A | N/A |
| Whtiesboro | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Assessment Values Across Grayson County, Texas
When examining property taxes in Grayson County, 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 Grayson 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 Grayson 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. 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 Grayson County.
For example, the median tax bill in Grayson County is $3,795, with tax bills ranging significantly across the county. Trenton has the highest median home price at $647,698.
Median Grayson County Market Value
$221,021
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Grayson County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bells | $56,499 | $129,727 | $247,482 | $415,456 | $630,091 |
| Collinsville | $83,184 | $158,843 | $262,436 | $408,752 | $711,122 |
| Denison | $65,652 | $118,603 | $188,106 | $287,497 | $456,602 |
| Gainesville | $147,407 | $325,020 | $402,270 | $565,818 | $758,410 |
| Gordonville | $17,073 | $35,964 | $111,261 | $225,122 | $482,520 |
| Gunter | $140,876 | $280,134 | $596,228 | $786,136 | $1,082,054 |
| Howe | $63,355 | $146,179 | $264,781 | $413,366 | $624,610 |
| Pilot Point | $40,752 | $132,456 | $252,222 | $353,861 | $721,547 |
| Pottsboro | $37,240 | $100,088 | $239,276 | $420,699 | $659,842 |
| Sadler | $46,271 | $100,623 | $210,274 | $436,432 | $767,157 |
| Savoy | $100,665 | $130,478 | $416,820 | $513,686 | $625,468 |
| Sherman | $71,696 | $133,669 | $213,684 | $338,000 | $479,707 |
| Southmayd | $30,358 | $53,806 | $102,023 | $192,702 | $247,108 |
| Tioga | $76,417 | $193,210 | $327,881 | $444,647 | $915,601 |
| Tom Bean | $74,586 | $165,656 | $241,514 | $330,672 | $429,440 |
| Trenton | $497,692 | $554,447 | $647,698 | $789,843 | $839,361 |
| Van Alstyne | $65,191 | $194,096 | $355,981 | $531,718 | $758,937 |
| Whitesboro | $71,103 | $133,220 | $221,458 | $361,949 | $583,139 |
| Whitewright | $65,708 | $152,624 | $248,610 | $398,018 | $663,583 |
| Broaddus | N/A | N/A | N/A | N/A | N/A |
| Brooks Cb | N/A | N/A | N/A | N/A | N/A |
| Celina | N/A | N/A | N/A | N/A | N/A |
| Dorchester | N/A | N/A | N/A | N/A | N/A |
| Knollwood | N/A | N/A | N/A | N/A | N/A |
| Sheramn | N/A | N/A | N/A | N/A | N/A |
| Shreman | N/A | N/A | N/A | N/A | N/A |
| Whtiesboro | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Bills Across Grayson County, Texas
Property tax bills in Grayson County are based on the assessed value of a home and the local tax rates set by taxing authorities. When a property’s market value rises, the assessed value can increase too, which may lead to a higher tax bill. Homeowners in Grayson County should know that their bill reflects both the value of their property and the tax rates applied to it, so two homes with similar market values can still have different bills depending on location and exemptions.
With a median home price of $221,021, property tax bills vary widely across the county. The 25th percentile tax bill is $2,006, while the 75th percentile is $6,230 and the 90th percentile reaches $8,997. That is well above the national median property tax bill of $2,400. Ownwell can help homeowners lower their property tax bills by reviewing assessments, identifying potential savings, and filing appeals when a home is overassessed.
Median Grayson County Tax Bill
$3,795
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Grayson County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bells | $670 | $1,676 | $3,397 | $5,727 | $7,791 |
| Collinsville | $1,064 | $2,517 | $4,454 | $6,467 | $9,035 |
| Denison | $1,073 | $2,265 | $3,713 | $5,543 | $8,029 |
| Gainesville | $2,307 | $3,609 | $4,971 | $5,815 | $6,057 |
| Gordonville | $257 | $537 | $1,447 | $2,943 | $6,415 |
| Gunter | $2,281 | $4,459 | $9,242 | $13,546 | $16,477 |
| Howe | $716 | $2,052 | $4,024 | $5,935 | $7,561 |
| Pilot Point | $257 | $992 | $3,209 | $5,717 | $7,760 |
| Pottsboro | $396 | $1,199 | $3,044 | $5,730 | $8,689 |
| Sadler | $468 | $1,183 | $2,278 | $4,510 | $7,338 |
| Savoy | $1,435 | $2,071 | $3,319 | $5,104 | $6,105 |
| Sherman | $1,099 | $2,367 | $3,934 | $6,160 | $8,331 |
| Southmayd | $352 | $890 | $1,699 | $3,283 | $4,733 |
| Tioga | $1,244 | $3,137 | $5,647 | $8,098 | $11,192 |
| Tom Bean | $1,037 | $2,474 | $3,860 | $5,255 | $6,675 |
| Trenton | $1,863 | $3,586 | $6,018 | $7,304 | $8,509 |
| Van Alstyne | $1,373 | $3,395 | $6,820 | $9,131 | $12,148 |
| Whitesboro | $932 | $2,072 | $3,416 | $5,295 | $7,315 |
| Whitewright | $729 | $1,844 | $3,258 | $4,994 | $7,031 |
| Broaddus | N/A | N/A | N/A | N/A | N/A |
| Brooks Cb | N/A | N/A | N/A | N/A | N/A |
| Celina | N/A | N/A | N/A | N/A | N/A |
| Dorchester | N/A | N/A | N/A | N/A | N/A |
| Knollwood | N/A | N/A | N/A | N/A | N/A |
| Sheramn | N/A | N/A | N/A | N/A | N/A |
| Shreman | N/A | N/A | N/A | N/A | N/A |
| Whtiesboro | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Want to lower your Grayson County property taxes?
How Can I Lower My Property Taxes in Grayson County?
Looking to reduce your Grayson County property taxes? Ownwell is the leading property tax appeal company serving Grayson County. We specialize in helping property owners in the Sherman area and beyond lower their tax bills by working directly with the Grayson County Appraisal District.
Through our tax monitoring service, we collect all necessary information to maximize your tax reductions. We navigate the complexities of the Grayson County property tax appeal process and identify all available exemptions, so you don't have to.
Whether you are a homeowner, a real estate investor, or an asset manager, our local team at Ownwell has the expertise to assess your current property tax situation and find strategic opportunities for reducing your tax burden.
Property Tax Protests in Texas
Property tax protests in Grayson County begin when a homeowner believes the assessed value of a home is too high. The first step is to review the notice from the Appraisal District and compare the assessed value with recent market conditions, comparable homes, and any issues that may affect value. If the assessment seems inaccurate, the homeowner can file a property tax appeal by the deadline of May 15, 2026.
Once the protest is filed, the case moves through the local review process and is heard by the Appraisal Review Board, the board that listens to appeals. During the hearing, the homeowner can present evidence showing why the assessed value should be lowered. This may include photos, repair estimates, sales data for similar homes, or other information that supports a lower market value. The Appraisal District may also present its own evidence to defend the assessment.
The possible outcomes of a property tax appeal include a reduction in the assessed value, which can lower the tax bill, or a decision to leave the assessment unchanged. In some cases, the evidence may support only a partial reduction. Because Grayson County has a higher property tax rate than the national median, even a modest reduction in assessed value can make a meaningful difference.
Ownwell helps homeowners navigate the appeal process from start to finish. That includes reviewing the assessment, identifying potential savings, preparing evidence, and handling the protest on the homeowner’s behalf. With expert support, homeowners can challenge an unfair assessment with confidence and improve their chances of securing a lower property tax bill.
Exemptions in Texas
What property tax exemptions are available in Grayson County, Texas?
Grayson County homeowners may qualify for several property tax exemptions that can lower the assessed value of a home and reduce the tax bill. The most important is the homestead exemption for a primary residence, which is available to homeowners who live in the property as their main home. This exemption is especially valuable because it applies only to an owner-occupied residence, not a second home or rental property.
Other exemptions may be available for homeowners who are age 65 or older, people with disabilities, and surviving spouses who meet the county’s requirements. These exemptions can provide additional tax relief on top of the homestead exemption, but each one has its own eligibility rules and must be filed separately when required.
How do homeowners apply for exemptions in Grayson County, Texas?
Homeowners generally apply through the local appraisal district by submitting the correct exemption form and any supporting documents that prove eligibility. For a homestead exemption, the property must be the homeowner’s primary residence, and the application should be filed as soon as possible to start the savings.
How can Ownwell help with Grayson County exemptions?
Ownwell helps homeowners identify every exemption they may qualify for, prepare the paperwork, and avoid missing deadlines. By making sure the primary residence homestead exemption and any other available exemptions are properly filed, Ownwell helps homeowners capture the full tax savings they deserve.
Available Exemptions
Senior
Disabled
Home Stead
Veteran
Solar/Wind
Non-Profit
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | January 31 |
Links | |
|---|---|
| Grayson Appraisal District | |
| Website | esearch.graysonappraisal.org |