Silverton, Briscoe County, Texas Property Taxes

Name: Property Tax Bills Across Silverton, Briscoe County, Texas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Silverton, TX effective property tax rate: 1.74%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Silverton, TX home value: $53,010
Median annual Silverton, TX tax bill: $823, $1,577 lower than the national median property tax bill of $2,400.

How are property taxes in Briscoe calculated?

Property taxes in Silverton, 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 Silverton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Silverton, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Silverton, Briscoe County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.74%

Estimate Property Tax Bill

$922

$856

Ownwell’s Silverton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Silverton with just two data points. By entering your property's estimated assessed value, our calculator applies Silverton’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Briscoe County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Silverton, Briscoe County, Texas

Local government entities determine tax rates, which can vary significantly within Texas. Annually, each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

Silverton's effective property tax rate can be compared to other cities in Texas and the median property tax rates in Texas and the U.S. Notably, Silverton, located in Briscoe County, has a median property tax rate of 1.74%, which is higher than the national median of 1.02%. This higher rate reflects the county's specific budgetary needs and property values. It’s important for property owners in Silverton to stay informed about these rates, as they directly impact annual tax bills. Understanding these dynamics can help residents make informed decisions about property investments and financial planning.

Property Tax Rates Across Silverton, Briscoe County, Texas

Source: Ownwell

1.74%

1.89%

2.05%

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 Silverton Tax Rate

1.74%

Median Effective Briscoe County Tax Rate

1.81%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Silverton, Briscoe County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79257	1.06%	1.39%	1.74%	2.26%	2.26%

Source: Ownwell

Property Tax Assessment Values Across Silverton, Briscoe County, Texas

When examining property taxes in Silverton, Texas, 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 Briscoe 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 Briscoe County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Silverton. For example, the median home price in Silverton is $53,010, with tax bills ranging significantly across the county. 79257 has the highest median home price at $53,010.

Property Tax Assessment Values Across Silverton, Briscoe County, Texas

Source: Ownwell

$52,285

$52,648

$53,010

Median Silverton Market Value

$53,010

Median Briscoe County Market Value

$52,300

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Silverton, Briscoe County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79257	$14,648	$24,260	$53,010	$88,590	$127,466

Source: Ownwell

Property Tax Bills Across Silverton, Briscoe County, Texas

In Silverton, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. The assessed value is then multiplied by the local tax rate to calculate the tax bill. With a median home price of $53,010, homeowners in Silverton can expect tax bills that vary significantly. For instance, tax bills at the 25th percentile are around $417, while those at the 75th percentile reach $1,375. The 90th percentile tax bill can be as high as $2,063. These figures reflect the variability in assessed values and tax rates. Compared to the national median property tax bill of $2,400, Silverton's tax bills are generally lower, providing some relief to homeowners. However, many homeowners may still find their tax bills burdensome. This is where Ownwell can assist by providing property tax appeal and exemption services. By leveraging our expertise, homeowners can potentially lower their tax liabilities, ensuring they pay only what is fair and equitable.

Property Tax Bills Across Silverton, Briscoe County, Texas

Source: Ownwell

$823

$851

$878

Median Silverton Tax Bill

$823

Median Briscoe County Tax Bill

$831

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Silverton, Briscoe County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79257	$262	$417	$823	$1,375	$2,063

Source: Ownwell