Era, Cooke County, Texas Property Taxes

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

Median ERA, TX effective property tax rate: 1.31%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median ERA, TX home value: $231,372
Median annual ERA, TX tax bill: $2,644, $244 higher than the national median property tax bill of $2,400.

How are property taxes in Cooke calculated?

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

Last Updated March 1, 2025

Era, Cooke County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.31%

Estimate Property Tax Bill

$3,031

$2,813

Ownwell’s ERA Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in ERA with just two data points. By entering your property's estimated assessed value, our calculator applies ERA’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 Cooke County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Era, Cooke County, Texas

Local government entities determine tax rates, which can differ significantly across a state. The process involves each county estimating its annual budget to fund public services and dividing this by the total assessed value of all taxable property within its borders. This results in the property tax rate, which can fluctuate based on local needs and property values. Although setting tax rates and budgets involves votes and legal frameworks, this is the fundamental process.

In ERA within Cooke County, Texas, the effective property tax rate stands at 1.31%, which is higher than the national median of 1.02%. This rate reflects the county's specific fiscal requirements and property valuations. When comparing ERA to other cities in Texas, it is evident that property tax rates can vary. However, ERA's rate aligns with the highest and lowest median tax rates in the state, indicating a consistent approach within Cooke County. Understanding these differences can help property owners in ERA make informed decisions about their property tax obligations and potential appeals.

Property Tax Rates Across Era, Cooke County, Texas

Source: Ownwell

1.02%

1.60%

2.18%

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 Era Tax Rate

1.31%

Median Effective Cooke County Tax Rate

1.39%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Era, Cooke County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76238	0.86%	1.09%	1.31%	1.45%	1.47%

Source: Ownwell

Property Tax Assessment Values Across Era, Cooke County, Texas

When examining property taxes in ERA, 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 Cooke 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 Cooke 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 ERA. For example, the median home price in ERA is $231,372, with tax bills ranging significantly across the county. Zip code 76238 has the highest median home price at $231,372.

Property Tax Assessment Values Across Era, Cooke County, Texas

Source: Ownwell

$62,676

$243,164

$423,652

Median Era Market Value

$231,372

Median Cooke County Market Value

$215,126

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Era, Cooke County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76238	$66,324	$118,013	$231,372	$359,155	$454,991

Source: Ownwell

Property Tax Bills Across Era, Cooke County, Texas

In ERA, Cooke County, TX, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which in ERA is influenced by factors such as location, size, and condition of the property. Homeowners in ERA face a median property tax bill of $2,644, which is slightly above the national median of $2,400. The tax bill can vary significantly, with the 25th percentile at $1,319 and the 90th percentile reaching $5,604, reflecting the diversity in property values and tax rates within the area. For homeowners, high property taxes can be a financial burden, affecting monthly budgets and long-term financial planning. Ownwell offers a solution by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell helps homeowners in ERA potentially reduce their tax bills, ensuring they only pay their fair share and can allocate savings elsewhere.

Property Tax Bills Across Era, Cooke County, Texas

Source: Ownwell

$1,097

$3,245

$5,393

Median Era Tax Bill

$2,644

Median Cooke County Tax Bill

$2,905

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Era, Cooke County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76238	$622	$1,319	$2,644	$4,197	$5,604

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
Cooke Appraisal District
Website	propaccess.trueautomation.com