Novice, Coleman County, Texas Property Taxes
Median Novice, TX effective property tax rate: 2.45%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%. Median Novice, TX home value: $36,240. Median annual Novice, TX tax bill: $750, $1,650 lower than the national median property tax bill of $2,400.
How are property taxes in Coleman calculated?
Property taxes in Novice, 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 Novice’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Novice, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Novice, Coleman County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.45%
Estimate Property Tax Bill
$888
$824
Property Tax Rates Across Novice, Coleman County, Texas
Local government entities determine tax rates, leading to significant variation within a state. This happens because each county annually assesses its budgetary needs for public services and divides that by the total assessed value of all taxable properties within its boundaries. This calculation determines the property tax rate. Although the process involves votes and legal stipulations, this is essentially how it is conducted each year.
In Novice, located in Coleman County, homeowners encounter a property tax rate of 2.45%. This rate stands out when compared to other cities in Texas and is notably higher than both the state and national medians. With the national median property tax rate at 1.02%, Novice's rate is substantially above average. Residents should be aware of how these rates impact their annual property tax bills, which can significantly affect household budgets. Understanding these variations can be crucial for property owners when considering property tax appeals or exemptions.
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 Novice Tax Rate
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 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 Novice, Coleman County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79538 | 0.35% | 1.98% | 2.45% | 2.45% | 2.45% |
Source: Ownwell
Property Tax Assessment Values Across Novice, Coleman County, Texas
When examining property taxes in Novice, 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. This 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 Novice.
For example, the median home price in Novice is $36,240, with tax bills ranging significantly across the county. ZIP code 79538 has the highest median home price at $36,240.
Property Tax Assessment Values Across Novice, Coleman County, Texas
Source: Ownwell
$14,500
$173,630
$332,760
Median Novice Market Value
$36,240
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 Novice, Coleman County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79538 | $3,398 | $12,890 | $36,240 | $97,860 | $469,196 |
Source: Ownwell
Property Tax Bills Across Novice, Coleman County, Texas
Median Novice Tax Bill
$750
Median Coleman County Tax Bill
$898
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Novice, Coleman County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79538 | $81 | $308 | $750 | $1,313 | $2,509 |
Source: Ownwell