Benjamin, Knox County, Texas Property Taxes
Property Taxes in Benjamin, Texas
Median Benjamin, Texas effective property tax rate: 2.01%, significantly higher than the national median of 1.02%, and higher than the Texas state median of 1.48%.
Median Benjamin, Texas home value: $45,625
Median annual Benjamin, Texas tax bill: $864, lower than the national median property tax bill of $2,400.
How are property taxes in Knox calculated?
Property taxes in Benjamin, 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 Benjamin's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Benjamin, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Benjamin, Knox County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.01%
Estimate Property Tax Bill
$917
$851
How Does the Benjamin Property Tax Calculator Work?
Use this Benjamin property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Benjamin's median effective tax rate of 2.01% — based on actual property records in Knox 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 Benjamin'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 Benjamin: rates range from 2.01% in 79505 to 2.01% in 79505, 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 Benjamin.
About Benjamin Property Taxes
About Property Taxes in Benjamin, Knox, Texas
Benjamin’s median effective property tax rate of 2.01% is higher than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Knox 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 Benjamin. Homeowners in the 79505 ZIP code carry a median effective rate of 2.01%, while those in the same ZIP also pay the same rate, showing no local variation within the city. Benjamin homeowners also face a median tax bill of $864, which is lower than the Texas state median tax bill by $1,536.
If your assessed value seems too high, you can file a formal appeal with the Appraisal District before May 15, 2026.
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 Benjamin, Knox 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 Benjamin'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 Ă· 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 Benjamin Tax Rate
2.01%
Our median effective property tax rate (tax bill Ă· 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 Knox County Tax Rate
2.02%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Benjamin, Knox County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79505 | 1.47% | 1.74% | 2.01% | 2.67% | 2.77% |
Source: Ownwell
Property Tax Assessment Values Across Benjamin, Knox County, Texas
When examining property taxes in Benjamin, 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 Knox 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 Knox County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the month when notices are sent.
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 Benjamin.
For example, the median home price in Benjamin is $45,625, with tax bills ranging significantly across the county. ZIP code 79505 has the highest median home price at $45,625.
Property Tax Assessment Values Across Benjamin, Knox County, Texas
Source: Ownwell
$32,300
$39,580
$46,860
Median Benjamin Market Value
$45,625
Median Knox County Market Value
$44,615
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Benjamin, Knox County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79505 | $2,976 | $15,338 | $45,625 | $74,402 | $103,578 |
Source: Ownwell
Property Tax Bills Across Benjamin, Knox County, Texas
Benjamin property tax bills are calculated by multiplying a home’s assessed value by the local tax rate, then applying any exemptions or special assessments. The assessed value is based on the property’s market value, so changes in the local housing market can affect what homeowners owe each year.
For Benjamin homeowners, the median home price is $45,625, which helps explain why tax bills can vary widely even within the same county. The typical tax bill in the area is $864.00, and that amount sits between the $365 25th percentile and the $1,389 75th percentile. The $1,806 90th percentile shows that some homeowners pay much more depending on property value and tax treatment.
These bills directly affect monthly housing costs and long-term affordability. When assessed values rise, tax bills often rise too, making it important for homeowners to understand how their property is valued and whether their bill reflects the correct market value.
Median Benjamin Tax Bill
$864
Median Knox County Tax Bill
$918
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Benjamin, Knox County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79505 | $83 | $365 | $864 | $1,389 | $1,806 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
Links | |
|---|---|
| Knox Appraisal District | |
| Website | esearch.knoxcad.com |