Seminole, Gaines County, Texas Property Taxes

Name: Property Tax Bills Across Seminole, Gaines County, Texas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Seminole, TX effective property tax rate: 1.76%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Seminole, TX home value: $95,470
Median annual Seminole, TX tax bill: $1,418, $982 lower than the national median property tax bill of $2,400.

How are property taxes in Gaines County calculated?

Property taxes in Seminole, 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 Seminole’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Seminole, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Seminole, Gaines County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.76%

Estimate Property Tax Bill

$1,680

$1,559

Ownwell’s Seminole Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Seminole with just two data points. By entering your property's estimated assessed value, our calculator applies Seminole’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Gaines County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Seminole, Gaines County, Texas

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county estimates its required budget to provide services and then divides that figure by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although the process involves votes and laws to set tax rates and budgets, this is essentially how it works annually. In Seminole, located in Gaines County, Texas, the effective property tax rate can be compared to other cities in Texas and the median property tax rates in Texas and the U.S. While Seminole's median tax rate is 1.76%, it is important to note that the national median property tax rate is 1.02%. This means Seminole's rate is significantly higher than the national average, which can impact homeowners' annual tax bills. Understanding these differences can help property owners make informed decisions and potentially explore tax appeal and exemption services to manage their property tax liabilities effectively.

Property Tax Rates Across Seminole, Gaines County, Texas

Source: Ownwell

0.71%

1.44%

2.17%

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 Seminole Tax Rate

1.76%

Median Effective Gaines County Tax Rate

1.79%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Seminole, Gaines County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79360	0.67%	1.19%	1.76%	2.03%	2.35%

Source: Ownwell

Property Tax Assessment Values Across Seminole, Gaines County, Texas

When examining property taxes in Seminole, 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 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 Seminole.

For example, the median home price in Seminole is $95,470, with tax bills ranging significantly across the county. Zip code 79360 has the highest median home price at $95,470.

Property Tax Assessment Values Across Seminole, Gaines County, Texas

Source: Ownwell

$56,040

$80,600

$105,160

Median Seminole Market Value

$95,470

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 Seminole, Gaines County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79360	$18,233	$44,648	$95,470	$181,295	$278,318

Source: Ownwell

Property Tax Bills Across Seminole, Gaines County, Texas

In Seminole, located in Gaines County, TX, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in Seminole is $95,470, which influences the property tax bill calculation. Homeowners in this area experience tax bills ranging from the 25th percentile at $580 to the 90th percentile at $4,503. The median tax bill stands at $1,418, which is below the national median of $2,400 and reflects a lower property tax burden compared to the national average rate of 1.02%. This variance in tax bills is due to factors such as property value, exemptions, and local tax rates.

Ownwell assists homeowners by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying potential inaccuracies, Ownwell helps ensure homeowners are not overpaying. This service can lead to significant savings, reducing the financial burden of property taxes and ensuring that homeowners in Seminole pay a fair amount relative to their property's assessed value.

Property Tax Bills Across Seminole, Gaines County, Texas

Source: Ownwell

$490

$954

$1,418

Median Seminole Tax Bill

$1,418

Median Gaines County Tax Bill

$1,283

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Seminole, Gaines County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79360	$263	$580	$1,418	$2,880	$4,503

Source: Ownwell