Q: When are property taxes due in Madison County for FY 2025-2026?
A: Property taxes are due in two installments: May 12, 2026, and November 10, 2026. Payments received after these dates are subject to penalty and interest charges.
Q: What tax credits are available and do I need to apply?
A: The primary exemption is the homestead exemption ($100,000 off assessed value for school district taxes for your primary residence). Additional exemptions may be available for seniors over 65, disabled veterans, and disabled persons. All exemptions require application with the Madison County Appraisal District and are not automatic.
Q: How does the homestead exemption work?
A: The homestead exemption provides two benefits: it reduces your taxable assessed value by $100,000 for school district taxes, and it caps annual assessment increases at 10% for all taxing jurisdictions. You must file an application with the appraisal district, and it only applies to your primary residence.
Q: When does the appraisal district assess properties?
A: The Madison County Appraisal District conducts annual assessments with values effective January 1st of each year. Property owners receive appraisal notices typically in April or May, with a formal protest period following if you disagree with the assessed value.
Q: What are the penalties for late payment?
A: Late payments incur penalty fees, and delinquent taxes are transferred to the Madison County Clerk's Office for collection. Specific penalty amounts and interest rates are set annually according to Texas Property Tax Code.
Q: Can I pay my property taxes online?
A: Yes, Madison County accepts online payments through the Sheriff's Office website. Payment methods typically include electronic check and credit card options, though credit card payments may include processing fees.
Q: Why do tax rates vary within Madison County?
A: Different areas of the county are served by different combinations of special taxing districts including school districts, municipal utility districts, emergency services districts, and hospital districts. Each sets its own tax rate, creating location-specific total tax rates.
Q: How do I appeal my property assessment?
A: You can file a formal protest with the Madison County Appraisal Review Board during the protest period, typically from May through July. You'll need to provide evidence supporting your claim that the assessed value is incorrect.
Q: What happens if I don't apply for available exemptions?
A: Exemptions are not retroactive and not automatic. If you fail to apply by the deadline (typically April 30th), you'll pay the full tax amount for that year and can only apply the exemption to future tax years.
Q: Are there special considerations for agricultural or timber land?
A: Yes, agricultural and timber land may qualify for special use valuations under Texas Property Tax Code, which can significantly reduce assessed values. These require separate applications and must meet specific use requirements.
