Panola County, Texas Property Taxes
Property Taxes in Panola County, Texas
Median Panola County effective property tax rate: 1.82%, significantly higher than the national median of 1.02%.
Median Panola County home value: $108,790
Median annual Panola County tax bill: $1,787, lower than the national median property tax bill of $2,400.
How are property taxes in Panola County calculated?
Property taxes in Panola 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 Panola County or another part of Panola County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Panola County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.82%
Estimate Property Tax Bill
$1,980
$1,837
How Does the Panola County Property Tax Calculator Work?
Use this Panola County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and the calculator applies Panola County's median effective tax rate of 1.82% 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. The median property tax bill is $1,787, which is $613 higher than the Texas median tax bill.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Panola County's median tax rate is higher than the Texas median rate of 1.48% and above the national median property tax rate of 1.02%.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Panola County.
Property Tax Rates Across Panola County, Texas
What Are Effective Property Tax Rates Across Panola County?
Local government entities set tax rates, which vary widely across Panola 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 Panola County's effective property tax rate to other counties in Texas or the U.S. median of 1.02%.
Panola County's median effective rate stands at 1.82%, which is higher than the national median of 1.02%. Within Panola County, the highest rate is found in Tatum at 1.98%, while Henderson has the lowest at 1.58%.
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 ÷ 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 Panola County Tax Rate
1.82%
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 Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Panola County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beckville | 1.14% | 1.58% | 1.82% | 1.88% | 2.24% |
| Carthage | 1.19% | 1.59% | 1.82% | 2.25% | 2.37% |
| De Berry | 1.06% | 1.31% | 1.77% | 1.88% | 1.88% |
| Gary | 1.05% | 1.39% | 1.82% | 2.07% | 2.07% |
| Henderson | 1.12% | 1.20% | 1.58% | 1.88% | 1.88% |
| Joaquin | 1.18% | 1.47% | 1.86% | 1.97% | 1.97% |
| Long Branch | 1.06% | 1.26% | 1.63% | 1.82% | 1.82% |
| Marshall | 1.17% | 1.69% | 1.78% | 1.88% | 1.88% |
| Tatum | 1.34% | 1.79% | 1.98% | 2.07% | 2.07% |
| Tenaha | 1.01% | 1.25% | 1.59% | 1.82% | 1.82% |
| Timpson | 1.15% | 1.50% | 1.62% | 1.82% | 2.07% |
| Waskom | 0.97% | 1.41% | 1.78% | 1.88% | 1.88% |
| Clayton | N/A | N/A | N/A | N/A | N/A |
| Panola | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Panola County, Texas
When examining property taxes in Panola 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 Panola 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 Panola 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 Panola County.
For example, the median tax bill in Panola County is $1,787, with tax bills ranging significantly across the county. Marshall has the highest median home price at $166,620.
Median Panola County Market Value
$108,790
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Panola County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beckville | $13,026 | $43,152 | $110,800 | $190,088 | $331,147 |
| Carthage | $16,968 | $52,120 | $111,540 | $190,830 | $287,702 |
| De Berry | $12,550 | $35,370 | $91,070 | $158,540 | $261,348 |
| Gary | $16,175 | $45,790 | $115,180 | $199,475 | $297,855 |
| Henderson | $28,216 | $43,930 | $94,550 | $156,550 | $336,722 |
| Joaquin | $7,616 | $30,335 | $65,375 | $129,548 | $234,375 |
| Long Branch | $15,294 | $43,920 | $118,280 | $208,940 | $326,512 |
| Marshall | $58,540 | $113,475 | $166,620 | $224,880 | $259,308 |
| Tatum | $10,189 | $48,570 | $99,120 | $173,442 | $232,997 |
| Tenaha | $15,328 | $50,900 | $113,410 | $181,520 | $270,666 |
| Timpson | $30,200 | $59,825 | $119,610 | $237,032 | $349,044 |
| Waskom | $15,902 | $42,962 | $132,940 | $187,665 | $261,609 |
| Clayton | N/A | N/A | N/A | N/A | N/A |
| Panola | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Panola County, Texas
Property tax bills in Panola County are calculated by multiplying a home’s assessed value by the local tax rate, then applying any exemptions that may reduce the amount owed. The assessed value is based on the market value of the property, so homes with higher values generally face higher bills. Local taxing authorities use this value to determine how much each homeowner pays for schools, county services, and other public needs.
With a median home price of $108,790, the county’s property tax burden can vary widely from one homeowner to another. The 25th percentile tax bill is $737, while the 75th percentile reaches $3,317 and the 90th percentile rises to $5,083. That range shows how differences in home value and tax rates can significantly affect annual costs.
For homeowners, this means a property tax bill is not fixed and can change as market values and assessments change.
Median Panola County Tax Bill
$1,787
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Panola County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beckville | $247 | $677 | $1,775 | $3,204 | $5,244 |
| Carthage | $305 | $851 | $1,989 | $3,533 | $5,219 |
| De Berry | $209 | $546 | $1,230 | $2,524 | $4,391 |
| Gary | $291 | $740 | $1,581 | $3,201 | $5,196 |
| Henderson | $405 | $495 | $1,527 | $2,648 | $6,051 |
| Joaquin | $150 | $519 | $1,054 | $1,857 | $4,107 |
| Long Branch | $240 | $659 | $1,620 | $3,070 | $4,839 |
| Marshall | $939 | $1,529 | $3,003 | $4,053 | $4,728 |
| Tatum | $181 | $838 | $1,880 | $3,086 | $4,474 |
| Tenaha | $249 | $691 | $1,517 | $2,627 | $4,278 |
| Timpson | $398 | $861 | $1,872 | $3,712 | $5,487 |
| Waskom | $292 | $643 | $1,918 | $3,204 | $3,893 |
| Clayton | N/A | N/A | N/A | N/A | N/A |
| Panola | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
Links | |
|---|---|
| Panola Appraisal District | |
| Website | www.panolacad.org |