Mingus, Erath County, Texas Property Taxes
Median Mingus, TX effective property tax rate: 1.21%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Mingus, TX home value: $379,750
Median annual Mingus, TX tax bill: $3,676, $1,276 higher than the national median property tax bill of $2,400.
How are property taxes in Erath County calculated?
Property taxes in Mingus, 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 Mingus’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mingus, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mingus, Erath County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.21%
Estimate Property Tax Bill
$4,595
$4,264
Property Tax Rates Across Mingus, Erath County, Texas
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget annually 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.
Mingus, located in Erath County, Texas, has a property tax rate of 1.21%, which aligns with the highest and lowest rates in the area. This rate is notably higher than the national median property tax rate of 1.02%. The median property tax rate in Texas is comparatively lower, making Mingus an exception in the state. The effective property tax rate in Mingus is also higher than the national median property tax bill of $2400. This difference highlights the variation in property tax rates across different regions, emphasizing the importance of understanding local tax obligations.
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 Mingus Tax Rate
1.21%
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 Erath County Tax Rate
1.38%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mingus, Erath County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76463 | 0.78% | 1.10% | 1.21% | 1.26% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Mingus, Erath County, Texas
When examining property taxes in Mingus, 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 Erath 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 Erath 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 Mingus. For example, the median home price in Mingus is $379,750, with tax bills ranging significantly across the county. Zip code 76463 has the highest median home price at $379,750.
Property Tax Assessment Values Across Mingus, Erath County, Texas
Source: Ownwell
$145,125
$422,258
$699,390
Median Mingus Market Value
$379,750
Median Erath County Market Value
$216,370
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mingus, Erath County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76463 | $18,806 | $121,932 | $379,750 | $785,322 | $1,156,929 |
Source: Ownwell
Property Tax Bills Across Mingus, Erath County, Texas
Median Mingus Tax Bill
$3,676
Median Erath County Tax Bill
$3,131
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Mingus, Erath County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76463 | $231 | $1,496 | $3,676 | $7,511 | $12,619 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Erath Appraisal District | |
| Website | esearch.erath-cad.com |