Dawson County, Texas Property Taxes
The median property tax rate in Dawson County is 3.05%, which is significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $47,460 in Dawson County, the typical annual property tax bill is $1,299, surpassing the national median of $2,690. Property taxes in Dawson County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Dawson County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Lamesa or another part of Dawson County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dawson County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.05%
Estimate Property Tax Bill
$1,448
$1,343
Ownwell’s Dawson County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Dawson County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Dawson County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Dawson County, Texas
Property taxes in Dawson County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Dawson County is 3.05%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Dawson County set these rates annually, and they can vary significantly between different areas within the county. Each year, Dawson County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Dawson County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Lamesa has one of the higher property tax rates in Texas at 3.05%, while the city of Welch boasts one of the lowest at 2.01%. Analyzing how Dawson County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Dawson County Tax Rate
3.05%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Dawson County, Texas
In Dawson County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Dawson County Appraisal District. The assessed value, however, 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. Assessment notices in Dawson County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, O’Donnell has the highest median tax bill at $2,116, while Welch has the lowest at $750. Being aware of these valuation processes in Dawson County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Dawson County Assessed Value
$47,460
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Bills Across Dawson County, Texas
In Dawson County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district, which evaluates the market value of the property. Homeowners in Dawson County experience a range of property tax bills, influenced by the assessed value and specific tax rates set by local taxing entities such as school districts and municipal governments. For instance, the 25th percentile of tax bills in Dawson County is $558, while the 75th percentile reaches $2,724, and the 90th percentile can go up to $4,338. This variation highlights significant differences in property values and tax burdens across the county. The median home price in Dawson County is $47,460, which affects the overall tax bill calculation. Comparatively, the city of O'Donnell has the highest median tax bill at $2,116, whereas Welch has the lowest at $750. These figures illustrate how local factors and property values contribute to the overall tax burden on homeowners in different parts of the county.
Average Dawson County Tax Bill
$1,299
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690