Crosby County, Texas Property Taxes

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

Median Crosby County effective property tax rate: 2.27%, significantly higher than the national median of 1.02%.
Median Crosby County home value: $53,460
Median annual Crosby County tax bill: $1,091, $1,309 lower than the national median property tax bill of $2,400.

How are property taxes in Crosby County calculated?

Property taxes in Crosby 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 Crosbyton or another part of Crosby County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Crosby County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.27%

Estimate Property Tax Bill

$1,214

$1,126

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

Property Tax Rates Across Crosby County, Texas

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties calculate their required budget to provide essential services and divide it by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in determining tax rates and budgets, this is the core of the annual process. In Crosby County, Texas, the effective property tax rate stands at 2.27%, significantly higher than the national median property tax rate of 1.02%. This indicates that property owners in Crosby County contribute more in taxes compared to the national average. Within Texas, Crosby County's rate is closer to the higher end, with Lorenzo having the highest median tax rate at 2.42%, while Spur has the lowest at 1.88%. Comparing these figures highlights the diversity in property tax rates across different regions, emphasizing the importance of understanding local tax obligations.

Property Tax Rates Across Crosby County, Texas

Source: Ownwell

1.88%

2.15%

2.42%

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 Crosby County Tax Rate

2.27%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Crosby County, Texas

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Crosbyton	1.71%	2.09%	2.41%	2.50%	2.50%
Floydada	N/A	N/A	N/A	N/A	N/A
Lorenzo	1.54%	2.21%	2.42%	2.49%	2.49%
Mcadoo	N/A	N/A	N/A	N/A	N/A
Petersburg	N/A	N/A	N/A	N/A	N/A
Post	N/A	N/A	N/A	N/A	N/A
Ralls	1.30%	1.62%	2.20%	2.27%	2.27%
Slaton	N/A	N/A	N/A	N/A	N/A
Spur	1.73%	1.88%	1.88%	1.88%	1.88%

Source: Ownwell

Property Tax Assessment Values Across Crosby County, Texas

When examining property taxes in Crosby 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 Crosby 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 Crosby 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 Crosby County. For example, the median tax bill in Crosby County is $1,215, with tax bills ranging significantly across the county. Ralls has the highest median home price at $59,055.

Property Tax Assessment Values Across Crosby County, Texas

Source: Ownwell

$43,779

$51,417

$59,055

Median Crosby County Market Value

$53,460

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Crosby County, Texas

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Crosbyton	$7,932	$21,767	$47,523	$90,176	$156,975
Floydada	N/A	N/A	N/A	N/A	N/A
Lorenzo	$9,546	$23,795	$55,737	$91,876	$145,425
Mcadoo	N/A	N/A	N/A	N/A	N/A
Petersburg	N/A	N/A	N/A	N/A	N/A
Post	N/A	N/A	N/A	N/A	N/A
Ralls	$11,404	$32,368	$59,055	$97,472	$145,171
Slaton	N/A	N/A	N/A	N/A	N/A
Spur	$11,929	$22,124	$43,779	$68,012	$92,167

Source: Ownwell

Property Tax Bills Across Crosby County, Texas

Property tax bills in Crosby County, TX, are calculated based on the assessed value of a property, which is determined by local tax assessors. The tax rate is applied to this assessed value, resulting in the annual tax bill. In Crosby County, the median home price is $53,460, which influences the overall tax amount. Homeowners in the county typically see tax bills ranging from $534 at the 25th percentile to $2,807 at the 90th percentile. This variation is due to differences in property values and applicable exemptions. For instance, Lorenzo has the highest median tax bill at $1,215, whereas Spur has the lowest at $824. Compared to the national median property tax bill of $2,400, Crosby County's tax bills tend to be lower, offering some financial relief to homeowners. However, these taxes are crucial for funding local services, impacting community infrastructure and public resources. Understanding these factors helps homeowners anticipate their financial responsibilities and plan accordingly.

Property Tax Bills Across Crosby County, Texas

Source: Ownwell

$824

$1,020

$1,215

Median Crosby County Tax Bill

$1,091

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Crosby County, Texas

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Crosbyton	$177	$520	$1,064	$1,964	$3,219
Floydada	N/A	N/A	N/A	N/A	N/A
Lorenzo	$187	$549	$1,215	$1,995	$2,999
Mcadoo	N/A	N/A	N/A	N/A	N/A
Petersburg	N/A	N/A	N/A	N/A	N/A
Post	N/A	N/A	N/A	N/A	N/A
Ralls	$197	$593	$1,126	$1,830	$2,638
Slaton	N/A	N/A	N/A	N/A	N/A
Spur	$227	$422	$824	$1,268	$1,636

Source: Ownwell

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