Bangs, Coleman County, Texas Property Taxes
Median Bangs, TX effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Bangs, TX home value: $332,760
Median annual Bangs, TX tax bill: $1,486, $914 lower than the national median property tax bill of $2,400.
How are property taxes in Coleman calculated?
Property taxes in Bangs, 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 Bangs’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bangs, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bangs, Coleman County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.65%
Estimate Property Tax Bill
$2,163
$2,007
Property Tax Rates Across Bangs, Coleman County, Texas
Local government entities in Texas set tax rates, which can differ significantly across the state. This variation is due to each county's annual estimation of its budgetary needs for public services, which is then divided by the total assessed value of all taxable properties within its jurisdiction, resulting in the property tax rate. While votes and legislative measures influence tax rates and budgets, this is the core of the yearly process.
Bangs, located in Coleman County, offers a glimpse into this dynamic. The effective property tax rate in Bangs is a reflection of these calculations and can be compared to other cities in Texas, as well as the state and national medians. With Texas having a median property tax rate of 0.65%, Bangs aligns with the state's average, providing a competitive edge when compared to the national median property tax rate of 1.02%. This comparison highlights Bangs as an attractive option for property owners, offering potential savings in property taxes while maintaining access to essential services funded by these taxes.
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 Bangs Tax Rate
0.65%
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 Coleman County Tax Rate
2.45%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bangs, Coleman County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76823 | 0.21% | 0.32% | 0.65% | 1.14% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Bangs, Coleman County, Texas
When examining property taxes in Bangs, 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 Coleman 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 Coleman 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 Bangs.
For example, the median home price in Bangs is $332,760, with tax bills ranging significantly across the county. Zip code 76823 has the highest median home price at $332,760.
Property Tax Assessment Values Across Bangs, Coleman County, Texas
Source: Ownwell
$14,500
$173,630
$332,760
Median Bangs Market Value
$332,760
Median Coleman County Market Value
$44,875
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bangs, Coleman County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76823 | $96,898 | $182,605 | $332,760 | $514,458 | $607,189 |
Source: Ownwell
Property Tax Bills Across Bangs, Coleman County, Texas
Median Bangs Tax Bill
$1,486
Median Coleman County Tax Bill
$898
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Bangs, Coleman County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76823 | $606 | $1,000 | $1,486 | $3,435 | $4,068 |
Source: Ownwell