Comanche, Texas Property Taxes
The median property tax rate in Comanche, TX is 0.89%, which is lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Comanche at $237,680, the typical annual property tax bill is about $1,392, significantly below the national median of $2,690. Property taxes in Comanche are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Comanche's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Comanche or another part of the county, understanding 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
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Comanche Property Tax Bill Calculator empowers 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 applies the median tax rate in Comanche to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Comanche, Texas
Property taxes in Comanche, Texas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Comanche is 0.89%, which is below 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 both the highest and lowest median property tax rate of 0.89%. Understanding how these cities compare with Comanche provides valuable insights into the varying tax landscape across Hamilton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Comanche Tax Rate
0.89%
Average Hamilton County Tax Rate
1.20%
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 | 0.29% | 0.53% | 0.89% | 1.07% | 1.20% |
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 Hamilton 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. For instance, the highest median tax bill in the area is $1,392, found in the 76442 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Comanche Assessed Value
$237,680
Average Hamilton County Assessed Value
$161,420
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 | $112,898 | $176,750 | $237,680 | $244,755 | $315,960 |
Source: Ownwell
Property Tax Bills Across Comanche, Texas
In Comanche, property tax bills are determined by assessing the market value of a home and applying the local tax rate to this assessed value. The median home price in the area is $237,680, which serves as a baseline for calculating the tax bill. Homeowners in Comanche can expect their tax bills to vary significantly based on their property's assessed value. For example, the tax bill at the 25th percentile is $730, while at the 75th percentile, it rises to $2,361, and at the 90th percentile, it reaches $3,424. The highest and lowest median tax bills in Comanche are both $1,392, indicating a relatively uniform assessment across the zip code 76442. Compared to the national median property tax rate of 0.99%, Comanche's property tax rate may seem more manageable, but the actual impact on homeowners can vary widely. This variability in tax bills can significantly affect homeowners' annual budgets, making it essential for them to understand how their property is assessed and how it influences their tax obligations.
Average Comanche Tax Bill
$1,392
Average Hamilton County Tax Bill
$1,640
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 | $454 | $730 | $1,392 | $2,361 | $3,424 |
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 | |
|---|---|
| Hamilton Appraisal District | |
| Website | propaccess.trueautomation.com |