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Raymondville, Hidalgo County, Texas Property Taxes

  • Median Raymondville, TX effective property tax rate: 0.56%, significantly lower than the national median of 1.02%, but lower than the Texas state median of 1.67%.

  • Median Raymondville, TX home value: $172,632

  • Median annual Raymondville, TX tax bill: $964, $1,436 lower than the national median property tax bill of $2,400.

How are property taxes in Hidalgo calculated?

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

Last Updated March 1, 2025

Raymondville, Hidalgo County, Texas Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.57%

Estimate Property Tax Bill

$984

$913

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Raymondville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Raymondville with just two data points. By entering your property's estimated assessed value, our calculator applies Raymondville’s 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 more 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 Willacy County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Raymondville, Hidalgo County, Texas

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget to provide services and dividing 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. Raymondville in Willacy County, TX, has an effective property tax rate that is quite competitive when compared to other cities in Texas. The median property tax rate in Texas is typically lower than the national median of 1.02%. This offers a significant advantage for property owners in the state, making it an attractive location for investment and residency. While the national median property tax bill stands at $2400, Texas often provides a more budget-friendly alternative. Comparing Raymondville's rate to both the state and national averages highlights the potential savings and benefits of owning property in this region. These factors make Raymondville an appealing choice for those looking to optimize their property tax expenses.

Property Tax Rates Across Raymondville, Hidalgo County, Texas

Source: Ownwell

0.77%

1.45%

2.12%

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 Raymondville Tax Rate

0.57%

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 Hidalgo County Tax Rate

1.83%

Median Effective Texas Tax Rate

1.48%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Raymondville, Hidalgo County, Texas

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
78580N/AN/AN/AN/AN/A

Source: Ownwell

Property Tax Assessment Values Across Raymondville, Hidalgo County, Texas

When examining property taxes in Raymondville, TX, 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 Hidalgo 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 Hidalgo 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 Raymondville. For example, the median home price in Raymondville is $172,632, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Raymondville, Hidalgo County, Texas

Source: Ownwell

$51,252

$139,303

$227,353

Median Raymondville Market Value

$172,632

Median Hidalgo County Market Value

$139,446

Median Texas Market Value

$258,851

Median United States Market Value

$235,294

Property Tax Assessment Values Across Raymondville, Hidalgo County, Texas

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
78580N/AN/AN/AN/AN/A

Source: Ownwell

Property Tax Bills Across Raymondville, Hidalgo County, Texas

In Raymondville, located in Willacy County, Texas, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The tax rate is applied to this assessed value, resulting in the annual property tax bill. Homeowners in Raymondville face a median property tax bill of $964, significantly lower than the national median of $2400. However, the impact of property taxes on homeowners can still be substantial, especially when considering other financial obligations. Factors influencing the tax bill include property size, market conditions, and local government budgets. Homeowners may find themselves paying more than their fair share if their property is over-assessed. This is where Ownwell can make a difference. By providing expert property tax appeal services, Ownwell helps homeowners ensure their property assessments are accurate, potentially reducing their tax bills. By leveraging local market data and in-depth knowledge of the property tax system, Ownwell can help Raymondville homeowners achieve significant savings.

Property Tax Bills Across Raymondville, Hidalgo County, Texas

Source: Ownwell

$506

$2,342

$4,178

Median Raymondville Tax Bill

$979

Median Hidalgo County Tax Bill

$2,055

Median Texas Tax Bill

$3,441

Median United States Tax Bill

$2,400

Property Tax Bills Across Raymondville, Hidalgo County, Texas

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
78580N/AN/AN/AN/AN/A

Source: Ownwell

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