Nazareth, Castro County, Texas Property Taxes
Median Nazareth, TX effective property tax rate: 2.35%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Nazareth, TX home value: $105,060
Median annual Nazareth, TX tax bill: $2,145, $255 lower than the national median property tax bill of $2,400.
How are property taxes in Castro County calculated?
Property taxes in Nazareth, 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 Nazareth’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nazareth, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Nazareth, Castro County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.35%
Estimate Property Tax Bill
$2,469
$2,291
Property Tax Rates Across Nazareth, Castro County, Texas
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 Nazareth Tax Rate
2.35%
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 Nazareth, Castro County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79063 | 1.85% | 1.85% | 2.35% | 2.35% | 2.35% |
Source: Ownwell
Property Tax Assessment Values Across Nazareth, Castro County, Texas
When examining property taxes in Nazareth, 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 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.
In Castro 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 Nazareth.
For example, the median home price in Nazareth is $105,060, with tax bills ranging significantly across the county. Zip code 79063 has the highest median home price at $105,060.
Property Tax Assessment Values Across Nazareth, Castro County, Texas
Source: Ownwell
$32,915
$68,988
$105,060
Median Nazareth Market Value
$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 Nazareth, Castro County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79063 | $28,008 | $55,675 | $105,060 | $186,335 | $293,750 |
Source: Ownwell
Property Tax Bills Across Nazareth, Castro County, Texas
In Nazareth, located in Castro County, Texas, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Nazareth, the tax bill can vary significantly, with the 25th percentile at $1,076 and the 75th percentile reaching $3,927. The median property tax bill in the area is $2,145, which is below the national median of $2,400. This relatively lower tax bill can be attributed to the median home price of $105,060, influencing the overall tax burden on homeowners.
Homeowners in Nazareth can benefit from property tax appeal services, as they may be paying more than necessary. By analyzing the assessed value and ensuring it aligns with the market value, Ownwell can help homeowners potentially lower their tax bills. This service not only provides financial relief but also ensures homeowners are not overpaying on their property taxes.
Median Nazareth Tax Bill
$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 Nazareth, Castro County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79063 | $582 | $1,076 | $2,145 | $3,927 | $5,805 |
Source: Ownwell