Comanche, Texas Property Taxes
The median property tax rate in Comanche, TX is 0.54%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $273,740 in Comanche, the typical annual property tax bill amounts to $1,549, well below the national median of $2,690. Property taxes in Comanche are calculated based on the tax assessed value, which is often less than the market value due to various exemptions like those for primary residences and agricultural properties. Understanding Comanche's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Comanche or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Comanche, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.54%
Estimate Property Tax Bill
$1,478
$1,368
Ownwell’s COMANCHE Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in COMANCHE with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in COMANCHE to provide an accurate estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities. For those interested in more localized trends, additional neighborhood-level information is available below. Your property’s assessed value is determined by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Comanche, Texas
Property taxes in Comanche, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Comanche is 1.25%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Comanche set these rates annually, and they can vary significantly across different neighborhoods. Each year, Comanche 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 Comanche's effective property tax rate to other counties in Texas and the national median. For comparison, the 76442 zip code has the highest median property tax rate of 1.25%, while the same 76442 zip code also has the lowest median tax rate of 1.25%. Understanding how these cities compare with Comanche provides valuable insights into the varying tax landscape across Comanche County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Comanche Tax Rate
0.54%
Average Eastland County Tax Rate
1.80%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Comanche, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76442 | 0.44% | 0.53% | 0.54% | 0.57% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Comanche, Texas
In Comanche, 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 Eastland 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 Comanche, 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 Comanche is $273,740, with tax bills ranging from $1,500 at the 25th percentile to $3,073 at the 90th percentile. The zip code 76442 has both the highest and lowest median tax bills at $1,549. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Comanche Assessed Value
$273,740
Average Eastland County Assessed Value
$83,990
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Comanche, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76442 | $156,810 | $202,500 | $273,740 | $535,200 | $575,592 |
Source: Ownwell
Property Tax Bills Across Comanche, Texas
In Comanche, Eastland 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's appraisal district, which evaluates properties to establish their market value. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, with a median home price of $273,740, homeowners can expect varying tax bills. At the 25th percentile, tax bills are around $1,500, while at the 75th percentile, they increase to about $2,824. The 90th percentile sees tax bills reaching up to $3,073. The highest and lowest median tax bills in the area are both $1,549, indicating a relatively stable tax environment within the 76442 zip code. These property taxes contribute significantly to local services such as schools, infrastructure, and emergency services, directly impacting homeowners by funding essential community resources.
Average Comanche Tax Bill
$1,549
Average Eastland County Tax Bill
$1,311
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Comanche, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76442 | $1,067 | $1,500 | $1,549 | $2,824 | $3,073 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Eastland Appraisal District | |
Website | www.eastlandcad.org |