Real Estate Values and Property Tax Valuation in Webb County, Texas

Webb County has a total of 72,825 properties with a cumulative value of $9.6B, representing 0.45% of all real estate value in Texas. Property taxes in Webb County totaled $144.9M, with an average homeowner paying $2,002 in property taxes compared to the state average of $4,015. The average property tax rate in Webb County is 1.51%, lower than the state average of 1.69%. Property values for tax purposes are determined by the local appraisal district.

The property tax timeline in Texas begins on January 1st, when the property valuation date is set. Property value notices are issued between April and May, and the property tax appeal deadline is May 15th or 30 days after the notices are issued. The real property tax bill is due on January 31st for the preceding year's gross tax bills.

Important Dates
Real Property Tax Bill Due (1st of #):January 31st, Gross tax bills for preceding year
Property Valuation Date:January 1st
Property Value Notices Issued:April - May
Property Tax Appeal Deadline:May 15th or 30 days after notices are issued
Property Tax Bills Issued:October 1st
Available Exemptions
Early Payment Discount
SeniorAvailable
DisabledAvailable
HomesteadAvailable
VeteranAvailable
Solar/WindAvailable
CharitableAvailable

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Real Estate Statistics in Webb County

Total Real Estate Value
$9.6B
Total Real Property Taxes
$144.9M
Average Property Tax Rate
1.51%
# of Real Properties
72.8K

Residential Property Taxes by Cities in Webb County

Webb County has an average property tax rate of 1.51%, which is slightly higher than the state average of 1.48%. This rate is applied to all property owners in the county, regardless of their location. However, the effective property tax rate can vary significantly across the cities in Webb County. For example, the city of Laredo has the highest effective property tax rate of 1.51%, while the city of Rio Bravo has the lowest effective property tax rate of 1.41%. This difference in rates can have a significant impact on the amount of property taxes paid by homeowners in different cities.

Overall, Webb County has a slightly higher property tax rate than the state average, but the effective rate can vary significantly across the cities. Homeowners in Webb County should be aware of the differences in rates and take them into consideration when budgeting for their property taxes.

Tax Assessment Value

The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Webb County. The tax assessment value may differ from the potential sale value, and is used to calculate the property tax for each piece of real estate.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Laredo$23,125$56,909$120,890$180,304$252,974
Rio Bravo$13,051$26,042$53,268$75,111$97,033

Property Tax Bill

This table shows the percentiles of actual property tax paid on residential properties for each city in Webb County.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Laredo$107$651$1,797$2,909$4,135
Rio Bravo$56$280$635$1,154$1,617

Effective Property Tax Rate

The effective property tax rate is calculated by dividing the property tax bill by the assessed value. For the percentiles below, the calculation is performed using the percentiles for property tax bill and assessed value above. Therefore, each consecutive percentile doesn't necessarily show a larger value.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Laredo 0.46% 1.14% 1.49% 1.61% 1.63%
Rio Bravo 0.43% 1.08% 1.19% 1.54% 1.67%

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Real Estate Values in Webb County

The median home price in Webb County, Texas has remained steady at $215.0K from October 2022 to October 2023. However, the home inventory in Webb County has increased from 329 in October 2022 to 395 in October 2023, indicating an increase in the number of homes available for sale. This suggests that the housing market in Webb County is becoming more competitive, with more buyers looking for homes in the area.

Total Active Listings
395

Average Home Value in Webb County, Texas

Last updated: November 2023

Percent Change in Total Home Sales in Webb County

Last updated: November 2023

Percent Change in New Home Listings in Webb County

Last updated: November 2023

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Ownwell will evaluate your property tax assessment, build a case, and file an appeal. With our Savings-or-Free guarantee, only pay 25% of your property tax bill savings!

Mortgage Rates in Webb County

Webb County is home to a large number of outstanding home mortgage loans, totaling $3.5 billion. This represents a significant portion of the total home value in the county, indicating that homeowners are taking advantage of the low interest rates available in the area. The median mortgage rate in Webb County is 4.13%, with the highest rate being 4.14% in Rio Bravo and the lowest rate being 4.12% in Laredo. This small variation in rates across the county indicates that homeowners in Webb County have access to competitive rates. With such a large number of outstanding loans, it is clear that Webb County is a popular destination for those looking to purchase a home.

# of Outstanding Loans
23.5K
Total Outstanding Loan Amount
$3.5B
Properties with Loans
32.26%

Outstanding Mortgages

The table below shows the percentile distribution of outstanding loans on residential properties in Webb County by city.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Laredo$33,927$71,717$125,306$181,775$241,198
Rio Bravo$9,050$13,745$22,706$43,499$63,741

Mortgage Rates

The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Webb County.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Laredo 2.90% 3.55% 4.12% 4.83% 6.19%
Rio Bravo 3.43% 3.70% 4.14% 5.10% 6.14%

Housing Expenses in Webb County, Texas

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How Ownwell works?

  1. Enter your property address and get an instant estimate of your potential tax savings based on local market data and our historical tax savings in your area.
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  4. When we save you money our fee is just 25% of your savings. If you don't save, you don't pay. We will continue to monitor your property taxes every year to ensure that you never overpay or have to worry about your property taxes again.

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Frequently asked questions

We currently operate in Texas, California, Washington, Georgia, Florida and Illinois.
We use a private national data provider that cross-references with county recorder's offices to verify ownership. If in the event our system is unable to verify the property, our team will take further steps to investigate ownership and reach out to the customer for confirmation.
Our success rate varies across geographies; however, in any given year, we typically win more than 70% of our cases, saving clients an average of $1,457 on their property taxes.
Yes, in the market areas we serve, we have a dedicated Property Tax Consultant that is physically present in the market they are servicing. The specialist assigned to your property has the necessary geographical competence to provide exemplary service!
The average property tax rate in Webb County is 1.51%.
The following exemptions and discounts are available in Webb County: Charitable, Disabled, Homestead and Senior

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