Glen Rose, Bosque County, Texas Property Taxes
Median Glen Rose, TX effective property tax rate: 1.20%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%. Median Glen Rose, TX home value: $410,990. Median annual Glen Rose, TX tax bill: $4,921, $2,521 higher than the national median property tax bill of $2,400.
How are property taxes in Bosque County calculated?
Property taxes in Glen Rose, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Glen Rose’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Glen Rose, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Glen Rose, Bosque County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.2%
Estimate Property Tax Bill
$4,932
$4,577
Property Tax Rates Across Glen Rose, Bosque County, Texas
Local government entities set tax rates, leading to significant variations within a state. This is due to each county's annual process of estimating the required budget to provide services, which is then divided by the total value of all taxable property within its jurisdiction. The result of this calculation is the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the essence of the annual process.
In Glen Rose, located in Somervell County, Texas, the effective property tax rate is a reflection of this local budgeting process. When comparing Glen Rose’s property tax rate to other cities in Texas and the national median, it provides valuable insight into where it stands. Texas generally has a higher median property tax rate compared to the national median of 1.02%. This comparison helps property owners understand their tax obligations relative to other regions. Understanding these differences is crucial for property owners looking to manage their expenses effectively and take advantage of potential tax appeal opportunities.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Glen Rose Tax Rate
1.20%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Bosque County Tax Rate
1.22%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Glen Rose, Bosque County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76043 | 0.92% | 0.96% | 1.20% | 1.20% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Glen Rose, Bosque County, Texas
When examining property taxes in Glen Rose, TX, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Bosque County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Bosque County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Glen Rose.
For example, the median home price in Glen Rose is $410,990, with tax bills ranging significantly across the county. Zip code 76043 has the highest median home price at $410,990.
Property Tax Assessment Values Across Glen Rose, Bosque County, Texas
Source: Ownwell
$110,810
$260,900
$410,990
Median Glen Rose Market Value
$410,990
Median Bosque County Market Value
$159,096
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Glen Rose, Bosque County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76043 | $194,709 | $270,662 | $410,990 | $617,580 | $1,767,739 |
Source: Ownwell
Property Tax Bills Across Glen Rose, Bosque County, Texas
Median Glen Rose Tax Bill
$4,921
Median Bosque County Tax Bill
$1,864
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Glen Rose, Bosque County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76043 | $1,991 | $2,653 | $4,921 | $6,588 | $21,166 |
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 | |
|---|---|
| Bosque Appraisal District | |
| Website | esearch.bosquecad.com |