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Lorena, Mclennan County, Texas Property Taxes

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Property Taxes in Lorena, Texas

  • Median Lorena, Texas effective property tax rate: 1.58%, significantly higher than the national median of 1.02%, and higher than the Texas state median of 1.48%.

  • Median Lorena, Texas home value: $327,240

  • Median annual Lorena, Texas tax bill: $5,782, $3,382 higher than the national median property tax bill of $2,400.

How are property taxes in McLennan calculated?

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

Last Updated April 13, 2026

Lorena, Mclennan County, Texas Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.58%

Estimate Property Tax Bill

$5,170

$4,798

SAVE WITH OWNWELL

$774

Average Annual Tax Savings

How Does the Lorena Property Tax Calculator Work?

Use this Lorena property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Lorena's median effective tax rate of 1.58% — based on actual property records in McLennan 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 Lorena'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 Lorena: rates range from 1.58% in 76655 to 1.58% in 76655, primarily due to differences in school district levies and local assessment districts.

If your estimate is higher than expected, Ownwell can appeal your Lorena assessment — you only pay if we save you money.

About Lorena Property Taxes

About Property Taxes in Lorena, McLennan, Texas

Lorena's median effective property tax rate of 1.58% is higher than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the McLennan 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 Lorena. Homeowners in ZIP code 76655 carry a median effective rate of 1.58%, while those in the same ZIP also pay 1.58%. This reflects how school district boundaries and local assessment districts are drawn across McLennan County.

Lorena 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 Lorena, Mclennan 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 Lorena's effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.

Property Tax Rates Across Lorena, Mclennan County, Texas

Source: Ownwell

1.21%

1.73%

2.26%

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 Lorena Tax Rate

1.58%

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 Mclennan County Tax Rate

1.89%

Median Effective Texas Tax Rate

1.48%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lorena, Mclennan County, Texas

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
766551.15%1.35%1.58%1.93%2.14%

Source: Ownwell

Property Tax Assessment Values Across Lorena, Mclennan County, Texas

When examining property taxes in Lorena, 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 McLennan 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 McLennan County, assessment notices are sent in April each year.

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 Lorena, the median home price is $327,240, and the median tax bill is $5,782. The highest median home price is in 76655 at $327,240.

Property Tax Assessment Values Across Lorena, Mclennan County, Texas

Source: Ownwell

$54,700

$222,830

$390,960

Median Lorena Market Value

$327,240

Median Mclennan County Market Value

$233,860

Median Texas Market Value

$258,851

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lorena, Mclennan County, Texas

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
76655$153,087$264,691$327,240$438,048$628,012

Source: Ownwell

Property Tax Bills Across Lorena, Mclennan County, Texas

Property tax bills in Lorena are based on the assessed value of a home and the local tax rate set by taxing authorities in McLennan County. When a home’s market value rises, the tax bill can rise too, which is why homeowners should pay close attention to their assessment. For a home with a median price of $327,240, property taxes can be a major part of annual housing costs.

In Lorena, the median property tax bill is $5,782, which is well above the national median property tax bill of $2,400. Bills in the area also vary widely, with the 25th percentile at $4,095 and the 75th percentile at $7,219. That means some homeowners may be paying much more than others on similarly valued homes.

Ownwell helps homeowners review their assessed value, identify potential savings, and file property tax appeals to lower their bills. If your assessment is too high, Ownwell can help you challenge it and work toward a fairer property tax bill.

Property Tax Bills Across Lorena, Mclennan County, Texas

Source: Ownwell

$789

$3,860

$6,931

Median Lorena Tax Bill

$5,782

Median Mclennan County Tax Bill

$4,115

Median Texas Tax Bill

$3,441

Median United States Tax Bill

$2,400

Property Tax Bills Across Lorena, Mclennan County, Texas

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
76655$2,078$4,095$5,782$7,219$8,933

Source: Ownwell

Don't miss the deadline to protest!

Frequently Asked Property Tax Questions in Lorena, Texas

How are property taxes calculated in Lorena, Texas?
Property taxes in Lorena, Texas are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.
How do I appeal my property taxes in Lorena, Texas?
To appeal your property taxes in Lorena, Texas, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.
What property tax exemptions are available in Lorena, Texas?
Common property tax exemptions in Lorena, Texas include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.
When are property taxes due in Lorena, Texas?
Property tax deadlines in Lorena, Texas vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.
How can Ownwell help reduce my property taxes in Lorena, Texas?
Ownwell provides professional property tax appeal services in Lorena, Texas. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.