Cottle County, Texas Property Taxes
Median Cottle County effective property tax rate: 2.34%, significantly higher than the national median of 1.02%.
Median Cottle County home value: $36,440
Median annual Cottle County tax bill: $747, $1,653 lower than the national median property tax bill of $2,400.
How are property taxes in Cottle County calculated?
Property taxes in Cottle County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Paducah or another part of Cottle County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cottle County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.34%
Estimate Property Tax Bill
$853
$791
Property Tax Rates Across Cottle County, Texas
Local government entities in Texas set tax rates, which can vary widely across different counties. Each year, counties estimate their required budget to fund essential services and divide this by the total assessed value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core process that occurs annually.
In Cottle County, the effective property tax rate is notably higher than the national median property tax rate of 1.02%. This means that property owners in Cottle County may face higher tax bills compared to the national median property tax bill of $2,400. However, within Texas, there is significant variation. For instance, while Paducah has the highest median tax rate in the county, Childress boasts a lower rate. Understanding these differences can help property owners anticipate their potential tax liabilities and explore opportunities for 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 Cottle County Tax Rate
2.34%
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 Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Assessment Values Across Cottle County, Texas
When examining property taxes in Cottle County, 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 Cottle 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.
Assessment notices: In Cottle 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 Cottle County. For example, the median tax bill in Cottle County is $930, with tax bills ranging significantly across the county. Childress has the highest median home price at $70,035.
Median Cottle County Market Value
$36,440
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Bills Across Cottle County, Texas
Median Cottle County Tax Bill
$747
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400