Knox City, Knox County, Texas Property Taxes
Property Taxes in Knox City, Texas
Median Knox City, Texas effective property tax rate: 1.90%, significantly higher than the national median of 1.02%, and higher than the Texas state median of 1.48%.
Median Knox City, Texas home value: $46,380
Median annual Knox City, Texas tax bill: $898, lower than the national median property tax bill of $2,400.
How are property taxes in Knox County calculated?
Property taxes in Knox City, 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 Knox City's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Knox City, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Knox City, Knox County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.9%
Estimate Property Tax Bill
$881
$818
How Does the Knox City Property Tax Calculator Work?
Use this Knox City property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Knox City's median effective tax rate of 1.90% — 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 Knox City'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 Knox City: rates range from 1.90% in 79529 to 1.90% in 79529, 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 Knox City.
About Knox City Property Taxes
About Property Taxes in Knox City, Knox, Texas
Knox City's median effective property tax rate of 1.90% 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 (MUDs) that vary by subdivision throughout the city.
Property tax rates are not uniform across Knox City. Homeowners in the 79529 ZIP code carry a median effective rate of 1.90%, while those in the same ZIP also pay 1.90%. This spread reflects how school district boundaries and local assessment districts are drawn across Knox County. Understanding which part of Knox City you live in can make a meaningful difference to your annual tax bill.
Knox City 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 Knox City, 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 Knox City'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 Knox City Tax Rate
1.90%
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 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 Knox City, Knox County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79529 | 1.24% | 1.77% | 1.90% | 1.97% | 2.60% |
Source: Ownwell
Property Tax Assessment Values Across Knox City, Knox County, Texas
When examining property taxes in Knox City, 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 are sent in the spring each year and typically reach your mailbox by the middle of May. 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 example, the median home price in Knox City is $46,380, with a median tax bill of $898. The highest median home price is in zip code 79529, where the median home price is also $46,380.
Property Tax Assessment Values Across Knox City, Knox County, Texas
Source: Ownwell
$32,300
$39,580
$46,860
Median Knox City Market Value
$46,380
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 Knox City, Knox County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79529 | $8,168 | $28,135 | $46,380 | $81,465 | $141,652 |
Source: Ownwell
Property Tax Bills Across Knox City, Knox County, Texas
Property tax bills in Knox City are based on the assessed value of a home and the local tax rate set for Knox County. When a property’s market value rises, the assessed value can increase as well, which may lead to a higher tax bill. Local taxing authorities use that assessed value to calculate what a homeowner owes each year, so the bill reflects both the home’s value and the tax rate applied to it.
For homeowners in Knox City, the median home price is $46,380, and the median property tax bill is $898. That is well below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. Bills can still vary widely, with the 25th percentile at $544 and the 90th percentile at $2,191. These differences show how property taxes can affect homeowners differently depending on the assessed value of the home and where it is located within the county.
Median Knox City Tax Bill
$898
Median Knox County Tax Bill
$918
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Knox City, Knox County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79529 | $169 | $544 | $898 | $1,428 | $2,191 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
Links | |
|---|---|
| Knox Appraisal District | |
| Website | esearch.knoxcad.com |