Childress, Cottle County, Texas Property Taxes

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

Median Childress, TX effective property tax rate: 1.40%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Childress, TX home value: $70,035
Median annual Childress, TX tax bill: $930, $1,470 lower than the national median property tax bill of $2,400.

How are property taxes in Cottle County calculated?

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

Last Updated March 1, 2025

Childress, Cottle County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.4%

Estimate Property Tax Bill

$980

$910

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

Property Tax Rates Across Childress, Cottle County, Texas

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Childress’s effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S. In Childress, located in Cottle County, the median property tax rate is 1.40%. This rate is notably higher than the national median property tax rate of 1.02%. Such a rate can significantly impact homeowners' annual tax bills, especially when compared to the national median property tax bill of $2,400. Understanding these differences can help property owners in Childress make informed decisions about appealing their property taxes or seeking exemptions. By doing so, they can potentially reduce their tax burden and better manage their financial responsibilities.

Property Tax Rates Across Childress, Cottle County, Texas

Source: Ownwell

1.40%

1.87%

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 Childress Tax Rate

1.40%

Median Effective Cottle County Tax Rate

2.34%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Childress, Cottle County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79201	1.33%	1.35%	1.40%	1.42%	1.43%

Source: Ownwell

Property Tax Assessment Values Across Childress, Cottle County, Texas

When examining property taxes in Childress, 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 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.

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 Childress. For example, the median home price in Childress is $70,035, with tax bills ranging significantly across the county. Zip code 79201 has the highest median home price at $70,035.

Property Tax Assessment Values Across Childress, Cottle County, Texas

Source: Ownwell

$35,360

$52,698

$70,035

Median Childress Market Value

$70,035

Median Cottle County Market Value

$36,440

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Childress, Cottle County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79201	$43,990	$55,345	$70,035	$76,270	$83,180

Source: Ownwell

Property Tax Bills Across Childress, Cottle County, Texas

In Childress, located in Cottle County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in this area is $70,035, and the property tax rate is applied to this value to calculate the annual tax bill. Unlike the national median property tax bill of $2,400, Childress homeowners typically pay a median tax bill of $930, which is significantly lower. However, tax bills can vary, with the 25th percentile at $741 and the 90th percentile reaching up to $1,135. These variations depend on factors such as property size, location, and improvements. High property taxes can be a burden for homeowners, impacting their overall financial health. Ownwell offers a solution by helping homeowners appeal their property tax assessments, potentially lowering their tax bills. With expertise in navigating the complexities of property tax regulations, Ownwell can assist in identifying exemptions and ensuring homeowners only pay their fair share.

Property Tax Bills Across Childress, Cottle County, Texas

Source: Ownwell

$738

$834

$930

Median Childress Tax Bill

$930

Median Cottle County Tax Bill

$747

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Childress, Cottle County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79201	$587	$741	$930	$1,018	$1,135

Source: Ownwell