Goldsboro, Coleman County, Texas Property Taxes

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

Median Goldsboro, TX effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Goldsboro, TX home value: $109,760
Median annual Goldsboro, TX tax bill: $1,022, $1,378 lower than the national median property tax bill of $2,400.

How are property taxes in Coleman calculated?

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

Last Updated March 1, 2025

Goldsboro, Coleman County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.78%

Estimate Property Tax Bill

$856

$794

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

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

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

Property Tax Rates Across Goldsboro, Coleman County, Texas

Local government entities are responsible for setting property tax rates, and these can differ significantly across regions. This variation is because each county, such as 48083 in Texas, annually estimates the budget needed to provide essential services. This budget is then divided by the total assessed value of all taxable properties within the county, resulting in the property tax rate. Although votes and legislation play a role in determining these rates and budgets, this calculation forms the core of the process.

In Goldsboro, located in 48083, the effective property tax rate provides an interesting comparison to other cities in Texas and the national landscape. Texas has a median property tax rate of 1.83%, which is higher than the national median of 1.02%. This means that property owners in Goldsboro may face higher tax bills compared to the national average, despite the state's overall lower cost of living. Understanding these differences can help property owners make informed decisions and potentially seek out exemptions or appeals to reduce their tax burden.

Property Tax Rates Across Goldsboro, Coleman County, Texas

Source: Ownwell

0.65%

1.55%

2.45%

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 Goldsboro Tax Rate

0.78%

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 Goldsboro, Coleman County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79519	0.12%	0.29%	0.78%	1.98%	1.98%

Source: Ownwell

Property Tax Assessment Values Across Goldsboro, Coleman County, Texas

When examining property taxes in Goldsboro, 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 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 Goldsboro. For example, the median home price in Goldsboro is $109,760, with tax bills ranging significantly across the county. Zip code 79519 has the highest median home price at $109,760.

Property Tax Assessment Values Across Goldsboro, Coleman County, Texas

Source: Ownwell

$14,500

$173,630

$332,760

Median Goldsboro Market Value

$109,760

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 Goldsboro, Coleman County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79519	$15,072	$53,310	$109,760	$376,620	$692,962

Source: Ownwell

Property Tax Bills Across Goldsboro, Coleman County, Texas

In Goldsboro, Coleman County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Goldsboro face varying tax bills depending on their property's assessed value. For instance, those in the 25th percentile pay around $427, while those in the 75th percentile face bills of about $1,505. In contrast, the national median property tax bill is $2,400, highlighting the relatively lower tax burden in Goldsboro. However, even with these lower rates, property taxes can still be a significant expense for homeowners. That's where Ownwell comes in, offering expertise in property tax appeals and exemptions. By leveraging local market insights and a deep understanding of tax regulations, Ownwell helps homeowners potentially reduce their tax bills, ensuring they only pay their fair share. This service can lead to substantial savings, making homeownership more affordable in the long run.

Property Tax Bills Across Goldsboro, Coleman County, Texas

Source: Ownwell

$287

$989

$1,690

Median Goldsboro Tax Bill

$1,022

Median Coleman County Tax Bill

$898

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Goldsboro, Coleman County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79519	$174	$427	$1,022	$1,505	$1,957

Source: Ownwell