Richards, Walker County, Texas Property Taxes
Property Taxes in Richards, Texas
Median Richards, Texas effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Richards, Texas home value: $282,850
Median annual Richards, Texas tax bill: $1,801, $599 lower than the national median property tax bill of $2,400.
How are property taxes in Walker County calculated?
Property taxes in Richards, 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 Richards's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Richards, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Richards, Walker County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.7%
Estimate Property Tax Bill
$1,980
$1,837
How Does the Richards Property Tax Calculator Work?
Use this Richards property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Richards's median effective tax rate of 0.70% — based on actual property records in Walker 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 Richards'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 Richards: rates range from 0.70% in 77873 to 0.70% in 77873, 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 Richards.
About Richards Property Taxes
About Property Taxes in Richards, Walker, Texas
Richards’ median effective property tax rate of 0.70% is lower than the Texas state median of 1.48% and lower than the national median of 1.02%. This rate reflects the Walker County base levy combined with local school district levies and Municipal Utility Districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Richards. Homeowners in the 77873 ZIP code carry a median effective rate of 0.70%, while those in the same ZIP code also pay 0.70%. This reflects how school district boundaries and local assessment districts are drawn across Walker County. Understanding where you live in Richards can still make a difference to your annual tax bill.
Richards homeowners who believe their assessed value is too high can file a formal appeal with the local Appraisal District before May 15, 2026.
If your estimated bill 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 Richards, Walker 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 Richards'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 Richards Tax Rate
0.70%
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 Walker County Tax Rate
1.18%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Richards, Walker County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77873 | 0.18% | 0.32% | 0.70% | 1.29% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Richards, Walker County, Texas
When examining property taxes in Richards, 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 Walker 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 Walker 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 Richards.
For example, the median home price in Richards is $282,850, with tax bills ranging significantly across the county. 77873 has the highest median home price at $282,850.
Property Tax Assessment Values Across Richards, Walker County, Texas
Source: Ownwell
$36,455
$292,548
$548,640
Median Richards Market Value
$282,850
Median Walker County Market Value
$172,635
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Richards, Walker County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77873 | $57,380 | $144,440 | $282,850 | $448,380 | $671,030 |
Source: Ownwell
Property Tax Bills Across Richards, Walker County, Texas
Property tax bills in Richards 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 entities then use that assessed value to determine what a homeowner owes each year. For a home with a median market value of $282,850, the bill can vary widely depending on exemptions, neighborhood, and how the property is assessed.
The typical property tax bill in the area is $1,801, which is below the national median property tax bill of $2,400 and also below the national median property tax rate of 1.02%. Bills can still range much higher, with the 75th percentile at $3,460 and the 90th percentile at $4,404. That means homeowners with higher assessed values or fewer exemptions may pay significantly more, while others may owe less. Understanding how the bill is calculated can help homeowners see whether their tax burden matches their property’s true market value.
Median Richards Tax Bill
$1,801
Median Walker County Tax Bill
$1,469
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Richards, Walker County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77873 | $296 | $580 | $1,801 | $3,460 | $4,404 |
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 | |
|---|---|
| Walker Appraisal District | |
| Website | esearch.walkercad.org |