Kosse, Falls County, Texas Property Taxes
Median Kosse, TX effective property tax rate: 1.88%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Kosse, TX home value: $131,570
Median annual Kosse, TX tax bill: $2,378, $22 lower than the national median property tax bill of $2,400.
How are property taxes in Falls County calculated?
Property taxes in Kosse, 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 Kosse’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kosse, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Kosse, Falls County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.88%
Estimate Property Tax Bill
$2,474
$2,295
Property Tax Rates Across Kosse, Falls County, Texas
Local government entities set tax rates, which can vary widely within a state. This is because annually, 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 Kosse’s effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.
In Kosse, located in Falls County, the property tax rate is notably higher than the national median property tax rate of 1.02%. The median property tax rate in Kosse stands at 1.88%, which is also the highest in the state. This rate is significantly above the national average, making it essential for property owners to consider tax appeal and exemption services. By understanding the local tax landscape, property owners in Kosse can better manage their tax liabilities and potentially reduce their tax burden.
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 Kosse Tax Rate
1.88%
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 Falls County Tax Rate
2.22%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Kosse, Falls County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76653 | 0.68% | 1.14% | 1.88% | 2.30% | 2.56% |
Source: Ownwell
Property Tax Assessment Values Across Kosse, Falls County, Texas
When examining property taxes in Kosse, 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 Falls 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 Falls 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 Kosse.
For example, the median home price in Kosse is $131,570, with tax bills ranging significantly across the county. Zip code 76653 has the highest median home price at $131,570.
Property Tax Assessment Values Across Kosse, Falls County, Texas
Source: Ownwell
$34,740
$143,503
$252,265
Median Kosse Market Value
$131,570
Median Falls County Market Value
$76,900
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Kosse, Falls County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76653 | $41,410 | $70,128 | $131,570 | $258,332 | $540,190 |
Source: Ownwell
Property Tax Bills Across Kosse, Falls County, Texas
In Kosse, located in Falls 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, reflecting the property's market value. Kosse homeowners experience a range of tax bills, from the 25th percentile at $1,159 to the 90th percentile reaching $5,245. The median tax bill in Kosse is $2,378, closely aligning with the national median property tax bill of $2,400, but the tax rate itself can vary significantly based on the precise location and school district levies.
High property taxes can pose a significant financial burden on homeowners, reducing disposable income and affecting long-term financial planning. Ownwell assists homeowners by reviewing their property assessments and identifying potential discrepancies or opportunities for exemptions. By filing appeals on behalf of homeowners, Ownwell can help reduce the assessed value and, consequently, the tax bill. This service ensures homeowners pay only their fair share, potentially saving them thousands annually.
Median Kosse Tax Bill
$2,378
Median Falls County Tax Bill
$1,609
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Kosse, Falls County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76653 | $588 | $1,159 | $2,378 | $4,107 | $5,245 |
Source: Ownwell