Rate Breakdown

Property taxes in Parmer County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in Parmer County

Property taxes in Parmer County are calculated based on the assessed value of your property and the applicable tax rates, known as millage rates. The county appraisal district determines the assessed value by evaluating the market value of your property as of January 1st each year. This value is then multiplied by the local tax rate, which is set by various taxing entities such as the county, school districts, and municipalities. The total tax rate is expressed in "mills," where one mill equals $1 of tax per $1,000 of assessed value. For example, if your property is assessed at $200,000 and the combined millage rate is 20 mills, your annual property tax would be $4,000.

Available Exemptions

Texas offers several property tax exemptions to reduce your tax burden. These include:

• Homestead Exemption: Available to homeowners who use their property as their primary residence. This exemption reduces the taxable value of your home by a set amount, lowering your tax bill.
• Senior Citizen Exemption: Homeowners aged 65 or older may qualify for an additional exemption, which can freeze or reduce their property taxes.
• Disability Exemption: Individuals with disabilities may be eligible for tax relief, depending on the nature and severity of their disability.
• Veteran Exemption: Veterans with disabilities, surviving spouses, and other qualifying individuals may receive partial or full exemptions based on their service-related disabilities.

To apply for exemptions, contact the Parmer County Appraisal District and submit the required documentation.

Payment Schedule & Deadlines

Property taxes in Parmer County are due by January 31st of the following year. Property owners have the option to pay their taxes in full or in installments. If you choose installment payments, the first payment is due by January 31st, and the second payment is due by March 31st. Late payments incur penalties and interest, starting at 6% for payments received after the deadline and increasing over time. Failure to pay property taxes can result in additional fees, liens, or even foreclosure.

Appealing Your Assessment

If you believe your property has been assessed at an incorrect value, you have the right to appeal the assessment. The process begins with filing a protest with the Parmer County Appraisal Review Board (ARB) by May 15th or within 30 days of receiving your appraisal notice. During the appeal, you can present evidence such as recent sales of comparable properties, photographs, or appraisals to support your case. If the ARB rules against you, you may further appeal to district court or through binding arbitration. Acting promptly and providing thorough documentation increases your chances of a successful appeal.