Sidney, Texas Property Taxes
The median property tax rate in Sidney, TX is 0.97%, slightly below the national median of 0.99% and significantly lower than the Texas state median of 1.67%. With the median home value in Sidney at $207,410, the typical annual property tax bill reaches $1,857, well below the national median of $2,690. Property taxes in Sidney are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Sidney's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Sidney or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sidney, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$2,012
$1,867
Ownwell’s Sidney Property Tax Bill Calculator is a valuable resource for homeowners, real estate investors, and potential buyers who want to estimate their annual property taxes in Sidney, TX. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Sidney to provide an estimated property tax bill. This tool offers a clear understanding of potential tax liabilities, helping you make informed decisions. For those interested in more detailed trends at the neighborhood level, additional localized information is available further down the page. Your property’s assessed value, determined by Comanche County, plays a crucial role in these calculations, accounting for any applicable exemptions.
Property Tax Rates Across Sidney, Texas
Property taxes in Sidney, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sidney is 0.97%, which is slightly lower than the national median of 0.99%. Local government entities within Sidney set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sidney estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Sidney's effective property tax rate to other counties in Texas and the national median. For comparison, the zip code 76474 has both the highest and lowest median property tax rate of 0.97%. Understanding how these cities compare with Sidney provides valuable insights into the varying tax landscape across Comanche County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sidney Tax Rate
0.97%
Average Comanche County Tax Rate
1.49%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sidney, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76474 | 0.23% | 0.50% | 0.97% | 1.47% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Sidney, Texas
In Sidney, Texas, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Comanche County Appraisal District for tax purposes. In contrast, the assessed value 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. In Sidney, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Sidney helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Sidney is $1857, found in zip code 76474, while the lowest median tax bill is also $1857 in the same zip code.
Average Sidney Assessed Value
$207,410
Average Comanche County Assessed Value
$123,090
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sidney, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76474 | $37,166 | $90,530 | $207,410 | $513,490 | $864,444 |
Source: Ownwell
Property Tax Bills Across Sidney, Texas
In Sidney, located in Comanche County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district and is a percentage of the property's market value. Homeowners in Sidney face a median property tax rate that aligns with the national median of 0.99%. For a home with a median price of $207,410, the property tax bill can vary significantly. The 25th percentile tax bill stands at $993, while the 75th percentile reaches $2,621, and the 90th percentile can go up to $3,995. These variations depend on factors such as property size, location, and any applicable exemptions. Homeowners must consider these factors as they can significantly impact their annual expenses. The highest and lowest median tax bill in the area is $1,857, indicating some consistency within the zip code 76474. Understanding these elements can help homeowners better manage their finances and anticipate their tax obligations.
Average Sidney Tax Bill
$1,857
Average Comanche County Tax Bill
$1,545
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Sidney, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76474 | $399 | $993 | $1,857 | $2,621 | $3,995 |
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 | |
|---|---|
| Comanche Appraisal District | |
| Website | esearch.comanchecad.org |