Comfort, Texas Property Taxes
The median property tax rate in Comfort, TX is 0.91%, which is lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Comfort, the typical annual property tax bill reaches $2,121, falling below the national median of $2,690. Property taxes in Comfort are calculated based on the assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Comfort's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Comfort or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Comfort, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$2,858
$2,644
Ownwell’s Comfort Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Comfort with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Comfort to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Comfort, Texas
Property taxes in Comfort, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Comfort is 0.91%, slightly lower than the U.S. national median of 0.99%. Local government entities within Comfort set these rates annually, and they can vary significantly across different neighborhoods. Each year, Comfort estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Comfort's effective property tax rate to other counties in Texas and the national median. For comparison, the 78013 zip code has both the highest and lowest median property tax rate of 0.91%. Understanding how these cities compare with Comfort provides valuable insights into the varying tax landscape across Kerr County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Comfort Tax Rate
0.91%
Average Kerr County Tax Rate
1.22%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Comfort, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78013 | 0.39% | 0.52% | 0.91% | 1.12% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Comfort, Texas
In Comfort, Texas, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Kerr County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Comfort, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Comfort helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Comfort are both $2,121, found in the zip code 78013.
Average Comfort Assessed Value
$314,074
Average Kerr County Assessed Value
$241,957
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Comfort, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78013 | $44,965 | $104,346 | $314,074 | $684,908 | $974,937 |
Source: Ownwell
Property Tax Bills Across Comfort, Texas
In Comfort, located in Kerr County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Comfort is $314,074. Homeowners' tax bills can vary significantly, with the 25th percentile paying around $649 and the 75th percentile facing a bill of approximately $5,731. For those at the 90th percentile, the tax bill can soar to $8,867. These amounts are influenced by the assessed value of the property and the local tax rate. Factors such as property size, location, and market conditions are considered when determining the assessed value. The local tax rate is applied to this value to calculate the final tax bill. This system ensures that homeowners contribute to community services and infrastructure based on the value of their property. Compared to the national median property tax rate of 0.99%, the tax burden in Comfort can be quite variable, impacting homeowners differently depending on their property’s assessed value.
Average Comfort Tax Bill
$2,121
Average Kerr County Tax Bill
$2,815
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Comfort, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78013 | $257 | $649 | $2,121 | $5,731 | $8,867 |
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 | |
|---|---|
| Kerr Appraisal District | |
| Website | esearch.kerrcad.org |