Turkey, Motley County, Texas Property Taxes
Median Turkey, TX effective property tax rate: 0.52%, significantly lower than the national median of 1.02%, and also lower than the Texas state median of 1.67%.
Median Turkey, TX home value: $24,920
Median annual Turkey, TX tax bill: $130, $2,270 lower than the national median property tax bill of $2,400.
How are property taxes in Motley County calculated?
Property taxes in Turkey, TX 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 Turkey’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Turkey, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Turkey, Motley County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.36%
Estimate Property Tax Bill
$339
$315
Property Tax Rates Across Turkey, Motley County, Texas
Local government entities are responsible for setting tax rates, which can vary significantly within Texas. This variation occurs because each county, including Motley, annually estimates its budget requirements to provide essential services. This budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. Although setting tax rates and budgets involves votes and legal considerations, this is the basic annual process.
In Turkey, located in Motley County, residents experience an effective property tax rate of 0.52%. This rate is notably lower than both the Texas median and the national median of 1.02%. With the national median property tax bill standing at $2,400, Turkey's lower rate can lead to significant savings for property owners. This difference highlights the importance of understanding local tax rates and their impact on property expenses. For residents and potential property buyers in Turkey, the lower tax rate offers a financial advantage, making it an attractive location for those looking to manage their property tax liabilities effectively.
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 Turkey Tax Rate
1.36%
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 Motley County Tax Rate
1.91%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Turkey, Motley County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79261 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Turkey, Motley County, Texas
When examining property taxes in Turkey, TX, 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 Motley 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.
In Motley 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 Turkey. For example, the median home price in Turkey is $24,920, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Turkey, Motley County, Texas
Source: Ownwell
$24,995
$33,618
$42,240
Median Turkey Market Value
$24,920
Median Motley County Market Value
$28,970
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Turkey, Motley County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79261 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Turkey, Motley County, Texas
In Turkey, located in Motley County, TX, property tax bills are calculated based on the assessed value of a property, which is determined by the county appraisal district. The local tax rate is then applied to this assessed value to calculate the annual property tax bill. With a median home price of $24,920, homeowners in Turkey face property tax bills that can be quite manageable compared to the national median property tax bill of $2,400. However, even within Turkey, there can be variations, with tax bills at the 25th, 75th, and 90th percentiles all standing at $130, indicating a relatively consistent tax burden across different property values.
Homeowners can benefit from appealing their property tax assessments, potentially lowering their tax bills. This is where Ownwell comes in. By leveraging their expertise in property tax appeals and exemptions, Ownwell can help homeowners in Turkey navigate the complexities of the property tax system, identify potential savings, and reduce their annual tax burden, ensuring they pay only their fair share.
Median Turkey Tax Bill
$339
Median Motley County Tax Bill
$543
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Turkey, Motley County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79261 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell