Colorado County Property Taxes
The median property tax rate in Colorado County, TX is 1.13%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Colorado County at $111,020, the typical annual property tax bill reaches $1,356, which is below the national median of $2,690. Property taxes in Colorado County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Colorado County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Columbus or another part of Colorado County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Colorado County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$1,255
$1,164
Ownwell’s Colorado County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Colorado County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Colorado County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Colorado County, Texas
Property taxes in Colorado County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Colorado County is 1.13%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Colorado County set these rates annually, and they can vary significantly between different areas within the county. Each year, Colorado County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Colorado County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Eagle Lake has one of the higher property tax rates in Texas at 1.37%, while the city of Schulenburg boasts one of the lowest at 0.78%. Analyzing how Colorado County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Colorado County Tax Rate
1.13%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Colorado County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alleyton | 0.34% | 0.74% | 1.07% | 1.27% | 1.54% |
Altair | 0.24% | 0.74% | 1.17% | 1.83% | 1.83% |
Cat Spring | 0.28% | 0.72% | 1.00% | 1.15% | 1.33% |
Columbus | 0.49% | 0.88% | 1.19% | 1.50% | 1.75% |
Eagle Lake | 0.52% | 0.93% | 1.37% | 1.83% | 2.27% |
East Bernard | 0.48% | 0.65% | 1.17% | 1.67% | 1.83% |
El Campo | 0.99% | 0.99% | 0.99% | 0.99% | 0.99% |
Fayetteville | 0.31% | 0.57% | 0.95% | 1.18% | 1.35% |
Garwood | 0.38% | 0.69% | 1.12% | 1.51% | 1.88% |
Glidden | 0.38% | 0.66% | 1.15% | 1.55% | 1.63% |
Hallettsville | 0.96% | 0.99% | 1.04% | 1.19% | 1.38% |
Louise | N/A | N/A | N/A | N/A | N/A |
Nada | 0.39% | 0.75% | 0.94% | 1.29% | 1.42% |
New Ulm | 0.36% | 0.78% | 1.06% | 1.27% | 1.52% |
Oakland | 0.27% | 0.64% | 1.23% | 1.64% | 1.64% |
Rock Island | 0.20% | 0.40% | 0.96% | 1.51% | 1.54% |
Schulenburg | 0.45% | 0.57% | 0.78% | 1.01% | 1.10% |
Sealy | 0.62% | 0.80% | 0.99% | 1.16% | 1.30% |
Sheridan | 0.32% | 0.67% | 1.17% | 1.74% | 1.85% |
Weimar | 0.37% | 0.76% | 1.05% | 1.35% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across Colorado County, Texas
In Colorado County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Colorado County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Colorado County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Colorado County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Colorado County, the highest median tax bill is found in Sealy at $3,453, while Oakland has the lowest at $271. Understanding these differences can help homeowners make informed decisions about their property investments.
Average Colorado County Assessed Value
$111,020
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Colorado County, Texas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alleyton | $11,266 | $36,132 | $118,920 | $321,385 | $486,821 |
Altair | $3,000 | $10,270 | $41,330 | $133,752 | $306,797 |
Cat Spring | $39,600 | $99,070 | $214,730 | $376,460 | $549,320 |
Columbus | $22,628 | $65,870 | $145,630 | $246,330 | $373,184 |
Eagle Lake | $8,829 | $28,010 | $64,670 | $127,240 | $218,394 |
East Bernard | $6,940 | $10,450 | $58,300 | $230,060 | $553,826 |
El Campo | $338,910 | $338,910 | $338,910 | $338,910 | $338,910 |
Fayetteville | $49,484 | $80,550 | $177,190 | $283,830 | $446,558 |
Garwood | $8,046 | $23,496 | $79,585 | $178,085 | $330,496 |
Glidden | $9,542 | $17,525 | $44,230 | $100,148 | $139,096 |
Hallettsville | $134,024 | $148,820 | $234,080 | $319,298 | $334,017 |
Louise | N/A | N/A | N/A | N/A | N/A |
Nada | $50,691 | $76,308 | $105,385 | $213,138 | $248,047 |
New Ulm | $46,771 | $107,532 | $220,838 | $339,865 | $493,820 |
Oakland | $8,196 | $12,475 | $28,530 | $77,960 | $126,776 |
Rock Island | $8,936 | $21,630 | $45,090 | $97,740 | $196,538 |
Schulenburg | $41,505 | $72,698 | $124,245 | $300,872 | $336,937 |
Sealy | $65,932 | $132,140 | $316,580 | $450,885 | $542,438 |
Sheridan | $9,500 | $20,530 | $61,200 | $133,305 | $221,250 |
Weimar | $21,430 | $61,328 | $141,010 | $250,722 | $391,299 |
Source: Ownwell
Property Tax Bills Across Colorado County, Texas
In Colorado County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county's appraisal district. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. The median home price in Colorado County is $111,020, and the national median property tax rate is 0.99%. However, tax bills can vary significantly within the county. For instance, homeowners at the 25th percentile pay around $510, while those at the 75th percentile face bills of approximately $2,736. The highest tax bills, at the 90th percentile, can reach up to $4,350. Factors influencing these variations include the property's location, improvements, and exemptions that might apply. For example, Sealy has the highest median tax bill at $3,453, while Oakland has the lowest at $271. These property taxes fund essential local services like schools, emergency services, and infrastructure, directly impacting homeowners' financial planning and community resources.
Average Colorado County Tax Bill
$1,356
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Colorado County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alleyton | $195 | $494 | $1,445 | $3,735 | $5,368 |
Altair | $55 | $119 | $519 | $2,182 | $3,838 |
Cat Spring | $240 | $847 | $2,092 | $3,923 | $5,452 |
Columbus | $350 | $916 | $1,793 | $3,126 | $4,574 |
Eagle Lake | $152 | $346 | $898 | $1,899 | $3,282 |
East Bernard | $106 | $230 | $550 | $4,804 | $6,747 |
El Campo | $3,355 | $3,355 | $3,355 | $3,355 | $3,355 |
Fayetteville | $375 | $669 | $1,522 | $2,957 | $4,165 |
Garwood | $150 | $349 | $996 | $2,127 | $3,633 |
Glidden | $111 | $245 | $623 | $1,115 | $1,797 |
Hallettsville | $1,603 | $1,783 | $2,499 | $3,261 | $3,523 |
Louise | N/A | N/A | N/A | N/A | N/A |
Nada | $352 | $648 | $1,064 | $2,385 | $2,862 |
New Ulm | $401 | $999 | $2,264 | $3,973 | $6,131 |
Oakland | $105 | $164 | $271 | $546 | $1,517 |
Rock Island | $94 | $156 | $425 | $768 | $1,832 |
Schulenburg | $360 | $423 | $704 | $2,333 | $3,184 |
Sealy | $877 | $1,500 | $3,453 | $4,390 | $7,135 |
Sheridan | $109 | $218 | $719 | $1,625 | $2,767 |
Weimar | $233 | $605 | $1,422 | $2,712 | $4,218 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
---|---|
Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Colorado Appraisal District | |
Website | propaccess.trueautomation.com |