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Updated 2025 Tax Year

Wood County
Property Tax Guide

Everything you need to know about property taxes in Wood County, TX. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
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Quick Facts
Tax Rate
0.54% base county rate, 2.0-2.5% effective rate with school districts and municipalities
1st Due
Jan 31
Exemptions
5+ Available
Section 1

How Property Tax Works

Wood County, Texas operates under the state's property tax system to fund essential local services including schools, county operations, emergency services, and infrastructure maintenance. Property taxes are the primary revenue source for these services, with the county's base tax rate set at 0.54% for 2025. However, your actual property tax rate will likely be higher due to additional assessments from school districts, municipalities, and special taxing districts within Wood County.

The effective tax rate for most Wood County property owners ranges from approximately 2.0% to 2.5% of assessed value when combining all taxing entities. Your specific rate depends on your property's location within the county, as different areas are served by different school districts, municipal services, and special districts such as emergency services districts or municipal utility districts. Unlike some states, Texas does not automatically apply most property tax exemptions or credits - property owners must apply for available benefits to receive them.

Section 2

What Makes Up Your Tax Bill

ComponentRate (per $100 value)Description
Wood County$0.54County operations, roads, law enforcement
School Districts$1.00-$1.30Varies by district (Alba-Golden, Hawkins, Mineola, Quitman, etc.)
Cities/Towns$0.20-$0.65Municipal services (varies by city)
Emergency Services District$0.10-$0.15Fire and EMS services (where applicable)
Hospital District$0.08-$0.12Healthcare services (where applicable)
Water/MUD Districts$0.05-$0.25Water and sewer services (where applicable)

Total Effective Rate Range: $1.97-$3.01 per $100 of assessed value

Rates shown are for Tax Year 2025 (FY 2025-2026). Your actual combined rate depends on which taxing districts serve your specific property location within Wood County. Contact the Wood County Appraisal District at (903) 763-2931 for your property's exact taxing entities.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Wood County, property taxes are due in two installments:

First Installment
Jan 31
Delinquent after Dec 10
Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental property taxes in Wood County are additional tax bills issued when property ownership changes, new construction is completed, or property improvements are made that increase the assessed value mid-year. These supplemental bills cover the tax difference between the old and new assessed values for the remaining portion of the tax year.

For example, if you purchase a home in June that was previously assessed at $200,000 but now appraises at $280,000 due to recent improvements, you would receive a supplemental tax bill for the $80,000 value increase. This supplemental tax would be calculated as: $80,000 ÷ 100 × your combined tax rate × remaining months in tax year ÷ 12 months. With a 2.2% combined rate and 7 months remaining, the supplemental tax would be approximately $1,027 ($80,000 × 0.022 × 7/12).

Example Calculation

Example 1: $300,000 Home with Homestead Exemption

  • Market Value: $300,000
  • School District Homestead Exemption: -$100,000 (application required)
  • Net Taxable Value: $200,000
  • Combined Tax Rate: 2.2%
  • Annual Tax: $4,400
  • Monthly Escrow: $367

Example 2: $600,000 Home with Homestead + Over-65 Exemption

  • Market Value: $600,000
  • School District Homestead Exemption: -$100,000 (application required)
  • Over-65 Additional Exemption: -$10,000 (application required)
  • Net Taxable Value: $490,000
  • Combined Tax Rate: 2.2%
  • Annual Tax: $10,780
  • Monthly Escrow: $898

Example 3: $1,000,000 Home with Multiple Exemptions

  • Market Value: $1,000,000
  • School District Homestead Exemption: -$100,000 (application required)
  • Over-65 Exemption: -$10,000 (application required)
  • Disabled Veteran Exemption: -$12,000 (application required, if qualified)
  • Net Taxable Value: $878,000
  • Combined Tax Rate: 2.2%
  • Annual Tax: $19,316
  • Monthly Escrow: $1,610

All exemptions require separate applications to the Wood County Appraisal District and are not automatically applied.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Wood County require property tax escrow accounts for loans with less than 20% down payment. Your lender collects 1/12 of your estimated annual property tax bill with each monthly mortgage payment, holding these funds in escrow until tax payments are due. Property taxes in Wood County are due quarterly (April 14, July 31, October 30, and January 31), and your lender will make these payments on your behalf.

At loan closing, lenders typically collect 2-4 months of property taxes upfront to establish the escrow account. Each year, your lender will conduct an escrow analysis to ensure adequate funds are collected, adjusting your monthly payment if necessary. You'll receive an annual escrow statement showing all deposits and payments made from your account. If you pay taxes independently without escrow, ensure payments reach the Wood County Tax Assessor-Collector by the quarterly due dates to avoid penalties and potential foreclosure proceedings.

How HonestCasa Helps
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Section 6

Frequently Asked Questions

Q: When are Wood County property taxes due for Tax Year 2025? A: Property taxes are due quarterly: April 14, 2025; July 31, 2025; October 30, 2025; and January 31, 2026. Late payments incur penalties and interest charges.

Q: What is the Homestead Exemption and how do I apply? A: The Homestead Exemption provides up to $100,000 in assessed value reduction for school district taxes on your primary residence, plus a 10% annual cap on assessment increases. You must file an application with the Wood County Appraisal District by April 30th of the year you want the exemption to begin. It is not automatic.

Q: Are there additional tax credits for seniors or disabled veterans? A: Yes, residents over 65 may qualify for additional exemptions, and qualified disabled veterans can receive substantial exemptions up to 100% in some cases. All require separate applications with supporting documentation filed by April 30th annually.

Q: How often are properties reassessed in Wood County? A: The Wood County Appraisal District reviews all properties annually, but Texas law limits assessment increases to 10% per year for homesteaded properties. Commercial and non-homesteaded properties can be increased to full market value.

Q: What penalties apply for late property tax payments? A: Penalties begin at 6% for the first month late, increasing to 12% after six months, plus interest charges. Additional attorney fees and foreclosure proceedings may follow for severely delinquent accounts.

Q: Can I pay my property taxes online? A: Yes, Wood County offers online payment options through the Tax Assessor-Collector's office. Contact them at (903) 763-2936 or visit the county website for payment portal access and accepted payment methods.

Q: How do I appeal my property assessment? A: File a protest with the Wood County Appraisal Review Board by May 31st (or within 30 days of receiving your notice if later). You can protest online, by mail, or in person. Professional representation is allowed but not required.

Q: Do special districts affect my tax rate? A: Yes, your location within Wood County determines which special districts serve your property (emergency services, hospital districts, MUDs, etc.). Each adds to your total tax rate. The appraisal district can provide a complete list of taxing entities for your specific property.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
County
Notice of Tax Rates - Real County, Texasco.real.tx.us
02
County
County Rates and Levies (XLSX)comptroller.texas.gov
03
Tax Doc
TEXAS SALES AND USE TAX RATES – January 2026comptroller.texas.gov
04
Tax Doc
96-1717 Handbook of Texas Property Tax Rulescomptroller.texas.gov
05
Wood - 250 - Texas Comptrollercomptroller.texas.gov
06
Tax Doc
Property Tax Law Deadlines - Texas Comptrollercomptroller.texas.gov
07
Residence Homestead Exemption Affidavits - Texas Comptrollercomptroller.texas.gov
08
Residence Homestead Exemptions - Texas Comptrollercomptroller.texas.gov
09
Application for Residence Homestead Exemptioncomptroller.texas.gov
10
Tax Doc
Property Tax Today - Texas Comptrollercomptroller.texas.gov
All sources verified as of 2025 Tax Year

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