Comanche, Texas Property Taxes
The median property tax rate in Comanche, TX, is 0.26%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Comanche, the typical annual property tax bill reaches $3,180, surpassing the national median of $2,690. Property taxes in Comanche are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Comanche'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 Comanche 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
Comanche, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.26%
Estimate Property Tax Bill
$3,238
$3,005
Ownwell’s Comanche Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Comanche. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Comanche to provide an accurate estimate of your property tax bill. This valuable resource helps you gauge potential tax liabilities and plan accordingly. For those interested in neighborhood-level trends, additional localized information is available further down the page. Your property’s assessed value, determined by the county, is crucial for property tax calculations and may include applicable exemptions.
Property Tax Rates Across Comanche, Texas
Property taxes in Comanche, Texas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Comanche is 0.64%, which is higher than the Texas state median of 0.55% but lower than the U.S. national median of 0.99%. Local government entities within Comanche set these rates annually, and they can vary significantly across different neighborhoods. Each year, Comanche 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 Comanche's effective property tax rate to other counties in Texas and the national median. For comparison, 77024 has the highest median property tax rate of 2.18%, while 79852 has the lowest median tax rate of 0.18%. Understanding how these cities compare with Comanche provides valuable insights into the varying tax landscape across Brown County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Comanche Tax Rate
0.26%
Average Brown County Tax Rate
1.58%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Comanche, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76442 | 0.26% | 0.26% | 0.26% | 0.26% | 0.26% |
Source: Ownwell
Property Tax Assessment Values Across Comanche, Texas
In Comanche, 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 Brown 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 Comanche, 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 Comanche helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Comanche are both $3,180, found in the 76442 zip code.
Average Comanche Assessed Value
$1,245,460
Average Brown County Assessed Value
$114,110
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Comanche, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76442 | $1,245,460 | $1,245,460 | $1,245,460 | $1,245,460 | $1,245,460 |
Source: Ownwell
Property Tax Bills Across Comanche, Texas
In Comanche, located in Brown County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district, which evaluates the market value of a property. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. Factors such as property size, location, and any improvements can influence the assessed value. In Comanche, the median home price is $1,245,460, and the tax bill at various percentiles, including the 25th, 75th, and 90th, is consistently $3,180. This tax bill is notably lower than the national median property tax rate of 0.99%. For homeowners, understanding these factors is crucial as it directly impacts their annual expenses. Lower property taxes can make homeownership more affordable, but it’s essential to stay informed about potential changes in assessed values and tax rates that could affect future tax bills.
Average Comanche Tax Bill
$3,180
Average Brown County Tax Bill
$1,714
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Comanche, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76442 | $3,180 | $3,180 | $3,180 | $3,180 | $3,180 |
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 | |
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Brown Appraisal District | |
Website | propaccess.trueautomation.com |