Gaines County, Texas Property Taxes
Median Gaines County effective property tax rate: 1.79%, significantly higher than the national median of 1.02%.
Median Gaines County home value: $85,350
Median annual Gaines County tax bill: $1,283, $1,117 lower than the national median property tax bill of $2,400.
How are property taxes in Gaines County calculated?
Property taxes in Gaines 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 Seminole or another part of Gaines County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gaines County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.79%
Estimate Property Tax Bill
$1,528
$1,418
Property Tax Rates Across Gaines County, Texas
Local government entities set tax rates, which can vary widely within a state. This is because each county annually 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 Gaines County's effective property tax rate to other counties in Texas or the U.S. median property tax rate.
Gaines County has a median property tax rate of 1.79%, which is significantly higher than the national median of 1.02%. Within the county, Seagraves stands out with the highest median tax rate at 2.17%, whereas Loop offers some relief with the lowest median tax rate of 0.71%. This range highlights the variability in property tax rates even within a single county. Understanding these differences can be crucial for property owners looking to manage their tax liabilities effectively.
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 Gaines County Tax Rate
1.79%
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 Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Gaines County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Denver City | 0.29% | 0.65% | 1.14% | 1.57% | 1.99% |
| Lamesa | N/A | N/A | N/A | N/A | N/A |
| Loop | 0.24% | 0.37% | 0.71% | 0.97% | 1.77% |
| Seagraves | 0.96% | 1.42% | 2.17% | 2.80% | 3.05% |
| Seminole | 0.67% | 1.19% | 1.76% | 2.03% | 2.35% |
Source: Ownwell
Property Tax Assessment Values Across Gaines County, Texas
When examining property taxes in Gaines 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 Gaines 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 Gaines County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Gaines County. For example, the median tax bill in Gaines County is $1,418, with tax bills ranging significantly across the county. Loop has the highest median home price at $105,160.
Median Gaines County Market Value
$85,350
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Gaines County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Denver City | $14,933 | $31,025 | $77,255 | $147,340 | $234,225 |
| Lamesa | N/A | N/A | N/A | N/A | N/A |
| Loop | $15,366 | $57,480 | $105,160 | $170,610 | $430,230 |
| Seagraves | $9,093 | $26,768 | $56,040 | $104,362 | $162,046 |
| Seminole | $18,233 | $44,648 | $95,470 | $181,295 | $278,318 |
Source: Ownwell
Property Tax Bills Across Gaines County, Texas
Median Gaines County Tax Bill
$1,283
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Gaines County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Denver City | $103 | $289 | $675 | $1,492 | $2,917 |
| Lamesa | N/A | N/A | N/A | N/A | N/A |
| Loop | $120 | $264 | $490 | $1,166 | $2,003 |
| Seagraves | $185 | $464 | $974 | $1,919 | $3,389 |
| Seminole | $263 | $580 | $1,418 | $2,880 | $4,503 |
Source: Ownwell