Palo Pinto County, Texas Property Taxes
Property Taxes in Palo Pinto County, Texas
Median Palo Pinto County effective property tax rate: 1.60%, significantly higher than the national median of 1.02%.
Median Palo Pinto County home value: $167,380
Median annual Palo Pinto County tax bill: $2,722, $322 higher than the national median property tax bill of $2,400.
How are property taxes in Palo Pinto County calculated?
Property taxes in Palo Pinto County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Palo Pinto County or another part of Palo Pinto County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Palo Pinto County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.6%
Estimate Property Tax Bill
$2,678
$2,485
How Does the Palo Pinto County Property Tax Calculator Work?
Use this Palo Pinto County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Palo Pinto County's median effective tax rate of 1.60% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Palo Pinto County's median tax rate is higher than the Texas median of 1.48% and well above the national median property tax rate of 1.02%. The county's median tax bill of $2,722 is also $322 higher than the Texas median and above the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Palo Pinto County.
Property Tax Rates Across Palo Pinto County, Texas
What Are Effective Property Tax Rates Across Palo Pinto County?
Local government entities set tax rates, which vary widely across Palo Pinto County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Palo Pinto County's effective property tax rate to other counties in Texas or the U.S. median of 1.02%.
Palo Pinto County's median effective rate stands at 1.60%, which is higher than the national median of 1.02%. Within Palo Pinto County, the highest rate is found in Millsap at 1.98%, while Caddo has the lowest at 1.33%.
These variations reflect differences in local school district levies, Municipal Utility Districts (MUDs) assessments, and special district bonds — which compound the base county rate.
Our median effective property tax rate (tax bill Ă· 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 Palo Pinto County Tax Rate
1.60%
Our median effective property tax rate (tax bill Ă· 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 Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Palo Pinto County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Caddo | 1.33% | 1.33% | 1.33% | 1.46% | 1.46% |
| Gordon | 1.33% | 1.57% | 1.62% | 1.70% | 1.89% |
| Graford | 1.12% | 1.33% | 1.46% | 1.46% | 1.62% |
| Graham | 1.21% | 1.46% | 1.46% | 1.46% | 1.46% |
| Lipan | 1.14% | 1.36% | 1.70% | 1.78% | 1.80% |
| Millsap | 1.36% | 1.61% | 1.98% | 1.98% | 1.98% |
| Mineral Wells | 1.16% | 1.50% | 1.80% | 2.18% | 2.18% |
| Mingus | 1.06% | 1.23% | 1.76% | 1.76% | 1.76% |
| Palo Pinto | 0.83% | 1.23% | 1.45% | 1.80% | 1.80% |
| Perrin | 1.24% | 1.42% | 1.44% | 1.44% | 1.48% |
| Santo | 1.12% | 1.30% | 1.70% | 1.80% | 1.80% |
| Strawn | 1.12% | 1.33% | 1.52% | 1.55% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Palo Pinto County, Texas
When examining property taxes in Palo Pinto County, 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 Palo Pinto 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 Palo Pinto 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 Palo Pinto County.
For example, the median tax bill in Palo Pinto County is $2,722, compared with the national median property tax bill of $2,400. Tax bills range significantly across the county, from $1,135 in Mingus to $6,644 in Graham. Graham also has the highest median home price at $489,400.
Property Tax Assessment Values Across Palo Pinto County, Texas
Source: Ownwell
$74,950
$282,175
$489,400
Median Palo Pinto County Market Value
$167,380
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Palo Pinto County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Caddo | $181,758 | $259,360 | $335,910 | $497,690 | $728,024 |
| Gordon | $38,825 | $94,558 | $220,140 | $451,935 | $689,415 |
| Graford | $41,506 | $99,790 | $406,330 | $908,080 | $1,615,588 |
| Graham | $39,364 | $154,750 | $489,400 | $1,110,075 | $1,672,652 |
| Lipan | $36,368 | $87,390 | $187,650 | $362,170 | $530,022 |
| Millsap | $38,106 | $54,630 | $109,025 | $200,320 | $368,321 |
| Mineral Wells | $41,940 | $80,630 | $144,660 | $219,610 | $310,690 |
| Mingus | $19,081 | $42,515 | $74,950 | $138,540 | $233,226 |
| Palo Pinto | $25,873 | $85,812 | $183,000 | $355,665 | $504,766 |
| Perrin | $26,250 | $69,010 | $130,250 | $195,980 | $318,266 |
| Santo | $30,024 | $76,115 | $153,970 | $273,990 | $489,540 |
| Strawn | $33,722 | $63,730 | $152,500 | $472,810 | $1,106,512 |
Source: Ownwell
Property Tax Bills Across Palo Pinto County, Texas
Property tax bills in Palo Pinto County are based on the assessed value of a home and the local tax rates set by taxing entities. When a property’s market value changes, the assessed value can change too, which affects the final bill. Homeowners in the county pay taxes that reflect both the value of their property and the combined rates used by local governments and school districts.
With a median home price of $167,380, property taxes can vary widely from one homeowner to another. The 25th percentile tax bill is $1,276, while the 75th percentile reaches $5,307. At the high end, the 90th percentile tax bill is $10,879, showing how quickly costs can rise for higher-value homes or properties in areas with stronger tax rates.
The median tax bill is $2,400 nationally, so homeowners in Palo Pinto County may see bills that are above or below that benchmark depending on their property’s assessed value and location. In Graham, the highest median tax bill is $6,644, while Mingus has the lowest at $1,135.
Median Palo Pinto County Tax Bill
$2,722
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Palo Pinto County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Caddo | $2,626 | $3,485 | $4,916 | $6,820 | $9,816 |
| Gordon | $643 | $1,494 | $3,496 | $7,020 | $10,629 |
| Graford | $594 | $1,375 | $5,581 | $12,535 | $22,897 |
| Graham | $556 | $2,129 | $6,644 | $15,329 | $24,238 |
| Lipan | $555 | $1,287 | $2,645 | $5,331 | $8,177 |
| Millsap | $574 | $1,036 | $1,730 | $3,306 | $6,171 |
| Mineral Wells | $718 | $1,330 | $2,430 | $4,031 | $5,614 |
| Mingus | $304 | $553 | $1,135 | $2,038 | $3,135 |
| Palo Pinto | $355 | $963 | $2,401 | $5,379 | $7,696 |
| Perrin | $207 | $750 | $1,777 | $2,464 | $4,401 |
| Santo | $487 | $1,217 | $2,415 | $4,258 | $7,796 |
| Strawn | $481 | $885 | $2,268 | $6,540 | $16,264 |
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 | |
|---|---|
| Palo Pinto Appraisal District | |
| Website | iswdataclient.azurewebsites.net |