Copperas Cove, Texas Property Taxes
The median property tax rate in Copperas Cove, TX is 1.57%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $188,270 in Copperas Cove, the typical annual property tax bill amounts to $2,504, falling below the national median of $2,690. Property taxes here are calculated based on the assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Copperas Cove's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're situated in the heart of Copperas Cove or another part of the city, gaining insights into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Copperas Cove, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.57%
Estimate Property Tax Bill
$2,956
$2,735
Ownwell’s Copperas Cove Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Copperas Cove with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Copperas Cove to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Copperas Cove, Texas
Property taxes in Copperas Cove, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Copperas Cove is 1.57%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Copperas Cove set these rates annually, and they can vary significantly across different neighborhoods. Each year, Copperas Cove 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 Copperas Cove's effective property tax rate to other counties in Texas and the national median. For comparison, the 76522 zip code has the highest median property tax rate of 1.57%, while the same zip code also has the lowest median tax rate of 1.57%. Understanding how these cities compare with Copperas Cove provides valuable insights into the varying tax landscape across Coryell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Copperas Cove Tax Rate
1.57%
Average Coryell County Tax Rate
1.21%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Copperas Cove, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76522 | 0.54% | 0.87% | 1.57% | 1.97% | 1.97% |
Source: Ownwell
Property Tax Assessment Values Across Copperas Cove, Texas
In Copperas Cove, 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 Coryell 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 Copperas Cove, 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. The median home price in Copperas Cove is $188,270, with tax bills ranging significantly. The 25th percentile tax bill is $1,263, while the 75th percentile tax bill is $3,786, and the 90th percentile tax bill is $5,205. Understanding these valuation concepts helps property owners navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to manage the tax burden effectively.
Average Copperas Cove Assessed Value
$188,270
Average Coryell County Assessed Value
$187,894
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Copperas Cove, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76522 | $93,890 | $136,665 | $188,270 | $273,155 | $349,130 |
Source: Ownwell
Property Tax Bills Across Copperas Cove, Texas
In Copperas Cove, located in Coryell County, TX, property tax bills are calculated based on the assessed value of a home and the applicable tax rate. The assessed value is determined by the local appraisal district and reflects the market value of the property. The tax rate is set by various taxing entities, such as the county, school district, and city, and is applied to the assessed value to determine the annual tax bill. For homeowners in Copperas Cove, the median home price is $188,270. The tax bill can vary significantly; for instance, at the 25th percentile, homeowners might pay around $1,263, while at the 75th percentile, the tax bill can reach $3,786. Those in the 90th percentile could see tax bills as high as $5,205. The highest median tax bill in the area is $2,504, found in the 76522 zip code. These taxes fund essential services like public schools, infrastructure, and emergency services, directly impacting the community's quality of life.
Average Copperas Cove Tax Bill
$2,504
Average Coryell County Tax Bill
$1,950
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Copperas Cove, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76522 | $606 | $1,263 | $2,504 | $3,786 | $5,205 |
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 | |
|---|---|
| Coryell Appraisal District | |
| Website | propertysearch.coryellcad.org |