Bledsoe, Cochran County, Texas Property Taxes

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

Median Bledsoe, TX effective property tax rate: 3.35%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Bledsoe, TX home value: $4,466
Median annual Bledsoe, TX tax bill: $131, $2,269 lower than the national median property tax bill of $2,400.

How are property taxes in Cochran County calculated?

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

Last Updated March 1, 2025

Bledsoe, Cochran County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.35%

Estimate Property Tax Bill

$150

$139

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

Property Tax Rates Across Bledsoe, Cochran County, Texas

Local government entities are responsible for setting tax rates, which can significantly vary within a state. This variation is due to each county's annual budget estimation process. Counties determine their required budget to provide essential services and then divide this amount by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual procedure.

In Bledsoe, located in Cochran County, Texas, the effective property tax rate is notably higher than the national median, with a rate of 3.35%. This rate is also the highest in Texas, showcasing a significant difference when compared to the national median property tax rate of 1.02%. For homeowners in Bledsoe, this means a higher property tax bill compared to the national median of $2,400. Such a comparison highlights the importance of understanding local tax rates and their impact on property tax bills.

Property Tax Rates Across Bledsoe, Cochran County, Texas

Source: Ownwell

2.97%

3.25%

3.52%

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 Bledsoe Tax Rate

3.35%

Median Effective Cochran County Tax Rate

3.27%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bledsoe, Cochran County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79314	2.15%	3.11%	3.35%	3.35%	3.37%

Source: Ownwell

Property Tax Assessment Values Across Bledsoe, Cochran County, Texas

When examining property taxes in Bledsoe, 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 Cochran 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 Cochran County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Bledsoe. For example, the median home price in Bledsoe is $4,466, with tax bills ranging significantly across the county. 79314 has the highest median home price at $4,466.

Property Tax Assessment Values Across Bledsoe, Cochran County, Texas

Source: Ownwell

$4,466

$10,154

$15,841

Median Bledsoe Market Value

$4,466

Median Cochran County Market Value

$14,911

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bledsoe, Cochran County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79314	$1,010	$2,192	$4,466	$14,886	$25,278

Source: Ownwell

Property Tax Bills Across Bledsoe, Cochran County, Texas

Property tax bills in Bledsoe, located in Cochran County, Texas, are determined by the assessed value of a property and the local tax rate. The assessed value is typically a percentage of the property's market value, and this value is multiplied by the local tax rate to calculate the tax bill. In Bledsoe, the median home price is notably low at $4,466, which results in a median tax bill significantly below the national median of $2,400. Homeowners in the 25th percentile pay around $63, while those in the 75th percentile see bills around $443, with the 90th percentile reaching $657. Despite these lower figures, property taxes can still represent a substantial financial burden. This is where Ownwell comes in, offering expert property tax appeal and exemption services to help homeowners potentially reduce their tax bills. By analyzing property assessments and market conditions, Ownwell identifies opportunities for savings, ensuring homeowners pay only their fair share, and providing peace of mind in managing property tax obligations.

Property Tax Bills Across Bledsoe, Cochran County, Texas

Source: Ownwell

$131

$354

$576

Median Bledsoe Tax Bill

$131

Median Cochran County Tax Bill

$427

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Bledsoe, Cochran County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79314	$31	$63	$131	$443	$657

Source: Ownwell