Castro County, Texas Property Taxes

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

Median Castro County effective property tax rate: 2.39%, significantly higher than the national median of 1.02%.
Median Castro County home value: $49,105
Median annual Castro County tax bill: $1,097, $1,303 lower than the national median property tax bill of $2,400.

How are property taxes in Castro County calculated?

Property taxes in Castro County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Dimmitt or another part of Castro County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Castro County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.39%

Estimate Property Tax Bill

$1,174

$1,089

Ownwell’s Castro County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Castro County with just two data points.

By entering your property's estimated assessed value, our calculator applies Castro County’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 more 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 Castro County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Castro County, Texas

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

In Castro County, TX, the effective property tax rate stands at 2.39%, significantly higher than the national median of 1.02%. This means property owners in Castro County typically pay more in property taxes compared to many other regions in the U.S. Within Texas itself, Castro County's rate is higher than some counties, such as Happy, where the rate is 1.68%. However, it's slightly lower than Dimmitt, where the rate peaks at 2.47%. Such variations in tax rates can impact the overall cost of homeownership and influence decisions when purchasing property. Understanding these differences can help property owners anticipate their tax liabilities more accurately.

Property Tax Rates Across Castro County, Texas

Source: Ownwell

1.68%

2.08%

2.47%

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 Castro County Tax Rate

2.39%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Castro County, Texas

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Dimmitt	1.93%	2.21%	2.47%	2.47%	2.47%
Earth	N/A	N/A	N/A	N/A	N/A
Friona	N/A	N/A	N/A	N/A	N/A
Happy	1.68%	1.68%	1.68%	1.85%	1.94%
Hart	1.94%	2.39%	2.39%	2.39%	2.39%
Hereford	1.59%	1.83%	1.95%	1.95%	1.95%
Kress	N/A	N/A	N/A	N/A	N/A
Muleshoe	N/A	N/A	N/A	N/A	N/A
Nazareth	1.85%	1.85%	2.35%	2.35%	2.35%
Springlake	N/A	N/A	N/A	N/A	N/A
Summerfield	1.49%	1.76%	1.76%	1.76%	1.76%
Tulia	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Castro County, Texas

When examining property taxes in Castro County, 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 Castro 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.

Assessment notices:

In Castro 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 Castro County. For example, the median tax bill in Castro County is $1,195, with tax bills ranging significantly across the county. Nazareth has the highest median home price at $105,060.

Property Tax Assessment Values Across Castro County, Texas

Source: Ownwell

$32,915

$68,988

$105,060

Median Castro County Market Value

$49,105

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Castro County, Texas

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Dimmitt	$17,296	$29,605	$48,870	$86,810	$130,618
Earth	N/A	N/A	N/A	N/A	N/A
Friona	N/A	N/A	N/A	N/A	N/A
Happy	$26,759	$48,508	$71,125	$91,885	$107,044
Hart	$9,230	$19,228	$32,915	$54,632	$97,495
Hereford	$10,720	$23,985	$49,100	$88,980	$153,760
Kress	N/A	N/A	N/A	N/A	N/A
Muleshoe	N/A	N/A	N/A	N/A	N/A
Nazareth	$28,008	$55,675	$105,060	$186,335	$293,750
Springlake	N/A	N/A	N/A	N/A	N/A
Summerfield	$7,954	$21,368	$43,235	$51,748	$68,133
Tulia	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Castro County, Texas

In Castro County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is a percentage of the property's market value, and the tax rate is applied to this assessed value to calculate the tax bill. The median home price in Castro County is $49,105, leading to a wide range of tax bills. For example, the 25th percentile tax bill is $624, while the 75th percentile reaches $2,044, and the 90th percentile is $3,319. In Nazareth, the highest median tax bill is recorded at $2,145, whereas Hart has the lowest at $755. These figures are notably lower than the national median property tax bill of $2,400, reflecting the region's relatively low property values and tax rates. Homeowners in Castro County benefit from these lower tax bills, which can make homeownership more affordable compared to other regions with higher rates. However, variations in tax bills can still significantly impact household budgets.

Property Tax Bills Across Castro County, Texas

Source: Ownwell

$755

$1,450

$2,145

Median Castro County Tax Bill

$1,097

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Castro County, Texas

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Dimmitt	$369	$654	$1,150	$2,043	$3,136
Earth	N/A	N/A	N/A	N/A	N/A
Friona	N/A	N/A	N/A	N/A	N/A
Happy	$463	$919	$1,251	$1,542	$1,797
Hart	$208	$448	$755	$1,280	$2,234
Hereford	$192	$433	$924	$1,663	$2,841
Kress	N/A	N/A	N/A	N/A	N/A
Muleshoe	N/A	N/A	N/A	N/A	N/A
Nazareth	$582	$1,076	$2,145	$3,927	$5,805
Springlake	N/A	N/A	N/A	N/A	N/A
Summerfield	$72	$375	$759	$909	$1,196
Tulia	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

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