Groesbeck, Limestone County, Texas Property Taxes
Property Taxes in Groesbeck, Texas
Median Groesbeck, Texas effective property tax rate: 1.35%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Groesbeck, Texas home value: $132,775
Median annual Groesbeck, Texas tax bill: $1,641, lower than the national median property tax bill of $2,400.
How are property taxes in Limestone calculated?
Property taxes in Groesbeck, 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 Groesbeck's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Groesbeck, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Groesbeck, Limestone County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.35%
Estimate Property Tax Bill
$1,792
$1,663
How Does the Groesbeck Property Tax Calculator Work?
Use this Groesbeck property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Groesbeck's median effective tax rate of 1.35% — based on actual property records in Limestone 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 Groesbeck'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 Groesbeck: rates range from 1.35% in 76642 to 1.35% in 76642, 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 Groesbeck.
About Groesbeck Property Taxes
About Property Taxes in Groesbeck, Limestone, Texas
Groesbeck’s median effective property tax rate of 1.35% is lower than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Limestone 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 Groesbeck. Homeowners in the 76642 ZIP code carry a median effective rate of 1.35%, while those in the same ZIP code also pay 1.35%. This reflects how school district boundaries and local assessment districts are drawn across Limestone County. Understanding which part of Groesbeck you live in can make a meaningful difference to your annual tax bill.
Groesbeck 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 Groesbeck, Limestone 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 Groesbeck'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 Groesbeck Tax Rate
1.35%
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 Limestone County Tax Rate
1.35%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Groesbeck, Limestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76642 | 0.64% | 1.10% | 1.35% | 1.64% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across Groesbeck, Limestone County, Texas
When examining property taxes in Groesbeck, 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 Limestone 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 Limestone 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. For Groesbeck, the median home price is $132,775, and the median tax bill is $1,641, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400. ZIP code 76642 has the highest median home price at $132,775.
Property Tax Assessment Values Across Groesbeck, Limestone County, Texas
Source: Ownwell
$58,870
$147,705
$236,540
Median Groesbeck Market Value
$132,775
Median Limestone County Market Value
$107,130
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Groesbeck, Limestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76642 | $26,841 | $63,475 | $132,775 | $280,328 | $491,319 |
Source: Ownwell
Property Tax Bills Across Groesbeck, Limestone County, Texas
Property tax bills in Groesbeck are based on the assessed value of a home and the tax rates set by local taxing authorities. When a property is valued, that assessed market value is multiplied by the combined tax rates for the city, county, school district, and any special districts to determine the annual bill.
For homeowners in Groesbeck, this means the final tax bill can vary depending on both the home’s value and the local tax rate. The median home price is $132,775, and the median property tax bill is $1,641, which is below the national median property tax bill of $2,400. Even so, bills can differ widely, with the 25th percentile at $799 and the 75th percentile at $3,626.
Because property taxes are tied to assessed value, changes in market conditions or local levies can affect what homeowners owe each year.
Median Groesbeck Tax Bill
$1,641
Median Limestone County Tax Bill
$1,357
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Groesbeck, Limestone County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76642 | $343 | $799 | $1,641 | $3,626 | $5,639 |
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 | |
|---|---|
| Limestone Appraisal District | |
| Website | esearch.limestonecad.org |