Palacios, Matagorda County, Texas Property Taxes
Property Taxes in Palacios, Texas
Median Palacios, Texas effective property tax rate: 1.65%, significantly higher than the national median of 1.02%, and higher than the Texas state median of 1.48%.
Median Palacios, Texas home value: $122,715
Median annual Palacios, Texas tax bill: $1,971, lower than the national median property tax bill of $2,400.
How are property taxes in Matagorda calculated?
Property taxes in Palacios, 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 Palacios's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Palacios, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Palacios, Matagorda County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.65%
Estimate Property Tax Bill
$2,025
$1,879
How Does the Palacios Property Tax Calculator Work?
Use this Palacios property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Palacios's median effective tax rate of 1.65% — based on actual property records in Matagorda 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 Palacios'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 Palacios: rates range from 1.65% in 77465 to 1.65% in 77465, 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 Palacios.
About Palacios Property Taxes
About Property Taxes in Palacios, Matagorda, Texas
Palacios's median effective property tax rate of 1.65% is higher than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Matagorda 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 Palacios. Homeowners in the 77465 ZIP code carry a median effective rate of 1.65%, while those in the same ZIP code pay 1.65%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Matagorda County. Understanding which part of Palacios you live in can make a meaningful difference to your annual tax bill.
Palacios 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 Palacios, Matagorda 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 Palacios'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 Palacios Tax Rate
1.65%
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 Matagorda County Tax Rate
1.57%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Palacios, Matagorda County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77465 | 0.73% | 1.24% | 1.65% | 1.92% | 2.23% |
Source: Ownwell
Property Tax Assessment Values Across Palacios, Matagorda County, Texas
When examining property taxes in Palacios, 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 Matagorda 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 Matagorda County are sent in the spring each year and typically reach your mailbox by the middle of the month. 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 Palacios is $122,715, with tax bills ranging from $853 at the 25th percentile to $5,315 at the 90th percentile. The median tax bill is $1,971, below the national median property tax bill of $2,400.
Property Tax Assessment Values Across Palacios, Matagorda County, Texas
Source: Ownwell
$6,900
$151,410
$295,920
Median Palacios Market Value
$122,715
Median Matagorda County Market Value
$145,760
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Palacios, Matagorda County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77465 | $20,632 | $56,230 | $122,715 | $213,235 | $356,343 |
Source: Ownwell
Property Tax Bills Across Palacios, Matagorda County, Texas
Property tax bills in Palacios are calculated by applying the local tax rate to a home’s assessed value, which is based on the property’s market value. That means the higher the assessed value, the higher the tax bill is likely to be. Local taxing entities in Matagorda County use this value to determine how much each homeowner owes each year.
With a median home price of $122,715, property taxes can still vary widely from one homeowner to another. The 25th percentile tax bill is $853, while the 75th percentile reaches $3,632 and the 90th percentile climbs to $5,315. The median tax bill in ZIP code 77465 is $1,971, which is below the national median property tax bill of $2,400 and reflects how location and valuation affect what homeowners pay. For many homeowners, even small changes in assessed value can have a meaningful impact on annual property tax costs.
Median Palacios Tax Bill
$1,971
Median Matagorda County Tax Bill
$2,218
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Palacios, Matagorda County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77465 | $225 | $853 | $1,971 | $3,632 | $5,315 |
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 | |
|---|---|
| Matagorda Appraisal District | |
| Website | esearch.matagorda-cad.org |