Bowie, Clay County, Texas Property Taxes

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

Median Bowie, TX effective property tax rate: 1.45%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Bowie, TX home value: $132,720
Median annual Bowie, TX tax bill: $1,787, $613 lower than the national median property tax bill of $2,400.

How are property taxes in Clay County calculated?

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

Last Updated March 1, 2025

Bowie, Clay County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.45%

Estimate Property Tax Bill

$1,924

$1,786

Ownwell’s Bowie Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bowie with just two data points. By entering your property's estimated assessed value, our calculator applies Bowie’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 Clay County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bowie, Clay County, Texas

Local government entities in Texas, like those in other states, set tax rates that can vary significantly. Each county, including Clay County, annually estimates its required budget to provide essential services. This budget is divided by the total value of all taxable properties within the county to determine the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the essence of the annual process.

In Bowie, located in Clay County, the effective property tax rate reflects this calculation. When comparing Bowie's effective property tax rate to other cities in Texas, it's important to note that the median property tax rate in Texas is higher than the national median of 1.02%. This means that property owners in Bowie might experience higher property tax bills than the national median of $2400. Understanding these nuances can help property owners in Bowie and across Texas make informed decisions about property tax appeals and exemptions.

Property Tax Rates Across Bowie, Clay County, Texas

Source: Ownwell

1.45%

1.79%

2.14%

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 Bowie Tax Rate

1.45%

Median Effective Clay County Tax Rate

1.65%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bowie, Clay County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76230	0.61%	0.90%	1.45%	1.45%	1.61%

Source: Ownwell

Property Tax Assessment Values Across Bowie, Clay County, Texas

When examining property taxes in Bowie, 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 Clay 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 Clay 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 Bowie.

For example, the median home price in Bowie is $132,720, with tax bills ranging significantly across the county. Zip code 76230 has the highest median home price at $132,720.

Property Tax Assessment Values Across Bowie, Clay County, Texas

Source: Ownwell

$43,560

$111,915

$180,270

Median Bowie Market Value

$132,720

Median Clay County Market Value

$87,850

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bowie, Clay County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76230	$23,480	$42,950	$132,720	$261,872	$361,093

Source: Ownwell

Property Tax Bills Across Bowie, Clay County, Texas

Property tax bills in Bowie, Clay County, TX, are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which in Bowie is influenced by factors such as location, property size, and amenities. With a median home price of $132,720, homeowners in Bowie face varying tax bills. The 25th percentile tax bill is $500, while the 75th percentile reaches $3,220, and the 90th percentile can be as high as $4,509. These figures show that property tax bills in Bowie can significantly impact homeowners' finances, especially when compared to the national median property tax bill of $2,400. Homeowners may find themselves paying more than the national average. Ownwell assists homeowners by providing expert property tax appeal and exemption services, helping to ensure that they are not overpaying on their property taxes. By reviewing property assessments and identifying potential savings, Ownwell can help reduce the financial burden on homeowners in Bowie.

Property Tax Bills Across Bowie, Clay County, Texas

Source: Ownwell

$808

$1,749

$2,690

Median Bowie Tax Bill

$1,787

Median Clay County Tax Bill

$1,547

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Bowie, Clay County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76230	$180	$500	$1,787	$3,220	$4,509

Source: Ownwell