Bagwell, Red River County, Texas Property Taxes
Property Taxes in Bagwell, Texas
Median Bagwell, Texas effective property tax rate: 1.14%, significantly lower than the national median of 1.02%, and higher than the Texas state median of 1.48%.
Median Bagwell, Texas home value: $135,290
Median annual Bagwell, Texas tax bill: $1,291, lower than the national median property tax bill of $2,400.
How are property taxes in Red River calculated?
Property taxes in Bagwell, 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 Bagwell's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bagwell, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Bagwell, Red River County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.14%
Estimate Property Tax Bill
$1,542
$1,431
How Does the Bagwell Property Tax Calculator Work?
Use this Bagwell property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Bagwell's median effective tax rate of 1.14% — based on actual property records in Red River 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 Bagwell'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 Bagwell: rates range from 1.14% in 75412 to 1.14% in 75412, 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 Bagwell.
About Bagwell Property Taxes
About Property Taxes in Bagwell, Red River, Texas
Bagwell's median effective property tax rate of 1.14% is lower than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Red River County base levy combined with local school district levies and Municipal Utility Districts (MUDs) that vary by subdivision throughout the city.
Property tax rates are not uniform across Bagwell. Homeowners in the 75412 ZIP code carry a median effective rate of 1.14%, while those in the lowest ZIP also pay 1.14%. This spread reflects how school district boundaries and local assessment districts are drawn across Red River County. Understanding which part of Bagwell you live in can make a meaningful difference to your annual tax bill.
Bagwell 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 Bagwell, Red River 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 Bagwell'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 Bagwell Tax Rate
1.14%
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 Red River County Tax Rate
1.57%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bagwell, Red River County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75412 | 0.35% | 0.68% | 1.14% | 1.75% | 1.80% |
Source: Ownwell
Property Tax Assessment Values Across Bagwell, Red River County, Texas
When examining property taxes in Bagwell, 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 Red River 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 Red River 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. 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 Bagwell.
For example, the median home price in Bagwell is $135,290, with tax bills ranging significantly across the county. 75412 has the highest median home price at $135,290.
Property Tax Assessment Values Across Bagwell, Red River County, Texas
Source: Ownwell
$71,790
$125,544
$179,298
Median Bagwell Market Value
$135,290
Median Red River County Market Value
$94,601
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bagwell, Red River County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75412 | $15,254 | $59,920 | $135,290 | $242,388 | $403,728 |
Source: Ownwell
Property Tax Bills Across Bagwell, Red River County, Texas
Bagwell property tax bills are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. Local taxing authorities use that assessment to determine how much each homeowner owes for schools, county services, and other public needs.
For a home with a median price of $135,290, the tax bill can vary widely depending on the final assessed value and the rates set by the taxing entities. In this area, the median tax bill is $1,291, while bills at the 25th percentile are $545 and the 75th percentile are $2,292. At the high end, the 90th percentile reaches $3,695.
These differences matter because even homes with similar market values can face very different tax bills. For homeowners, that means a higher assessment can lead to a larger annual bill, while a lower assessment can help keep property taxes more manageable.
Median Bagwell Tax Bill
$1,291
Median Red River County Tax Bill
$1,273
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Bagwell, Red River County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75412 | $181 | $545 | $1,291 | $2,292 | $3,695 |
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 | |
|---|---|
| Red River Appraisal District | |
| Website | rrcad.org |