Ranger, Stephens County, Texas Property Taxes
Median Ranger, TX effective property tax rate: 1.23%, significantly lower than the national median of 1.02%, and higher than the Texas state median of 1.48%.
Median Ranger, TX home value: $98,530
Median annual Ranger, TX tax bill: $688, $1,712 lower than the national median property tax bill of $2,400.
How are property taxes in Stephens County calculated?
Property taxes in Ranger, 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 Ranger's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ranger, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ranger, Stephens County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.23%
Estimate Property Tax Bill
$1,212
$1,125
Property Tax Rates Across Ranger, Stephens County, Texas
Local government entities determine tax rates, which can differ significantly across a state. This variation is due to each county's annual budget estimation for services, divided by the total value of all taxable property within its jurisdiction. This calculation yields the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the yearly process.
In Ranger, located in Stephens County, property tax rates are notably higher compared to other counties in Texas. With a median property tax rate of 1.23%, Ranger's rate stands above the national median of 1.02%. This means homeowners in Ranger are paying more than the national average, which can impact housing affordability and overall living expenses. Understanding these rates is crucial for property owners as they navigate their financial commitments.
By comparing Ranger's effective property tax rate to other cities in Texas and the national median, property owners can better assess their tax obligations and explore potential savings through appeals or exemptions.
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 Ranger Tax Rate
1.23%
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 Stephens County Tax Rate
1.50%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ranger, Stephens County, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76470 | 0.45% | 0.54% | 1.23% | 1.63% | 1.63% |
Source: Ownwell
Property Tax Assessment Values Across Ranger, Stephens County, Texas
When examining property taxes in Ranger, 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 Stephens County Central 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 Stephens 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 Ranger. For example, the median home price in Ranger is $98,530, with tax bills ranging significantly across the county. Zip code 76470 has the highest median home price at $98,530.
Property Tax Assessment Values Across Ranger, Stephens County, Texas
Source: Ownwell
$92,800
$255,538
$418,275
Median Ranger Market Value
$98,530
Median Stephens County Market Value
$94,580
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ranger, Stephens County, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76470 | $21,910 | $49,820 | $98,530 | $182,192 | $253,821 |
Source: Ownwell
Property Tax Bills Across Ranger, Stephens County, Texas
In Ranger, located in Stephens County, TX, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. With a median home price of $98,530, homeowners in Ranger face property tax bills that vary widely. The 25th percentile tax bill is $426, while the 75th percentile reaches $867, and the 90th percentile can soar to $3,349. These figures illustrate the range of property tax obligations, influenced by factors like property value and local tax rates. The median tax bill in Ranger is $688, which is significantly below the national median of $2,400. This lower tax bill can be advantageous for homeowners, but there is still room for potential savings.
Ownwell offers services to help homeowners in Ranger reduce their property tax bills. By providing expert guidance on property tax appeals and exemptions, Ownwell can identify opportunities for homeowners to lower their assessed values, ensuring they pay only their fair share. This can lead to substantial savings, offering financial relief and peace of mind.
Median Ranger Tax Bill
$688
Median Stephens County Tax Bill
$1,122
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Ranger, Stephens County, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76470 | $323 | $426 | $688 | $867 | $3,349 |
Source: Ownwell