Loraine, Mitchell County, Texas Property Taxes
Property Taxes in Loraine, Texas
Median Loraine, Texas effective property tax rate: 2.50%, significantly higher than the national median of 1.02%, and higher than the Texas state median of 1.48%.
Median Loraine, Texas home value: $58,320
Median annual Loraine, Texas tax bill: $1,258, lower than the national median property tax bill of $2,400.
How are property taxes in Mitchell calculated?
Property taxes in Loraine, 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 Loraine's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Loraine, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Loraine, Mitchell County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.5%
Estimate Property Tax Bill
$1,458
$1,353
How Does the Loraine Property Tax Calculator Work?
Use this Loraine property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Loraine's median effective tax rate of 2.50% — based on actual property records in Mitchell 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 Loraine'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 Loraine: rates range from 2.50% in 79532 to 2.50% in 79532, 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 Loraine.
About Loraine Property Taxes
About Property Taxes in Loraine, Mitchell, Texas
Loraine’s median effective property tax rate of 2.50% is higher than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Mitchell County base levy combined with local taxing jurisdictions that can affect what homeowners owe.
Property tax rates are not uniform across Loraine. Homeowners in the 79532 ZIP code carry a median effective rate of 2.50%, while those in the same ZIP code pay 2.50%. This means the local tax burden is consistent across the area, but it remains well above the national median property tax rate.
Loraine homeowners who believe their assessed value is too high can file a formal appeal with the Mitchell County 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 Loraine, Mitchell 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 Loraine'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 Loraine Tax Rate
2.50%
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 Mitchell County Tax Rate
1.98%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Loraine, Mitchell County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79532 | 1.22% | 1.81% | 2.50% | 2.60% | 2.69% |
Source: Ownwell
Property Tax Assessment Values Across Loraine, Mitchell County, Texas
When examining property taxes in Loraine, 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 Mitchell 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 Mitchell County, assessment notices are sent in the spring each year. They'll 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. 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 Loraine.
For example, the median home price in Loraine is $58,320, with tax bills ranging significantly across the county. 79532 has the highest median home price at $58,320.
Property Tax Assessment Values Across Loraine, Mitchell County, Texas
Source: Ownwell
$55,816
$60,273
$64,730
Median Loraine Market Value
$58,320
Median Mitchell County Market Value
$63,433
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Loraine, Mitchell County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79532 | $7,977 | $26,926 | $58,320 | $111,896 | $256,075 |
Source: Ownwell
Property Tax Bills Across Loraine, Mitchell County, Texas
Property tax bills in Loraine are based on the assessed value of a home and the local tax rate set by taxing authorities. When a property is valued, that assessment is used to calculate the amount owed each year, so changes in market value can affect the final bill. For homeowners, this means a higher assessed value can lead to a larger tax bill, while a lower assessment can reduce what is due.
In Mitchell County, the median home price is $58,320, and the median property tax bill is $1,258 in ZIP code 79532. Bills can vary widely, with the 25th percentile at $631 and the 75th percentile at $2,189, while the 90th percentile reaches $3,448. Compared with the national median property tax bill of $2,400, many homeowners in Loraine pay less, but the amount still depends on the home’s assessed value and local rates.
Median Loraine Tax Bill
$1,258
Median Mitchell County Tax Bill
$1,246
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Loraine, Mitchell County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79532 | $226 | $631 | $1,258 | $2,189 | $3,448 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
Links | |
|---|---|
| Mitchell Appraisal District | |
| Website | esearch.mitchellcad.org |