Spearman, Hansford County, Texas Property Taxes
Median Spearman, TX effective property tax rate: 2.50%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Spearman, TX home value: $82,115
Median annual Spearman, TX tax bill: $1,942, $458 lower than the national median property tax bill of $2,400.
How are property taxes in Hansford County calculated?
Property taxes in Spearman, 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 Spearman’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Spearman, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Spearman, Hansford County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.5%
Estimate Property Tax Bill
$2,053
$1,905
Property Tax Rates Across Spearman, Hansford County, Texas
Local government entities set tax rates, which can vary widely within a state. 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 Spearman’s effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.
In Spearman, located in Hansford County, the effective property tax rate stands out when compared to the national median. With Texas known for its relatively high property tax rates, Spearman's rate is significantly above the national median property tax rate of 1.02%. This makes it crucial for property owners in Spearman to be aware of potential savings through property tax appeals and exemptions. The high property tax rates emphasize the importance of understanding local tax regulations and seeking professional assistance to ensure fair property assessments and explore opportunities for tax reductions.
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 Spearman Tax Rate
2.50%
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 Hansford County Tax Rate
2.50%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Spearman, Hansford County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79081 | 2.02% | 2.37% | 2.50% | 2.50% | 2.50% |
Source: Ownwell
Property Tax Assessment Values Across Spearman, Hansford County, Texas
When examining property taxes in Spearman, 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 Hansford 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 Hansford 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 Spearman.
For example, the median home price in Spearman is $82,115, with tax bills ranging significantly across the county. Zip code 79081 has the highest median home price at $82,115.
Property Tax Assessment Values Across Spearman, Hansford County, Texas
Source: Ownwell
$24,325
$55,470
$86,614
Median Spearman Market Value
$82,115
Median Hansford County Market Value
$82,016
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Spearman, Hansford County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79081 | $17,517 | $42,049 | $82,115 | $144,583 | $226,932 |
Source: Ownwell
Property Tax Bills Across Spearman, Hansford County, Texas
Median Spearman Tax Bill
$1,942
Median Hansford County Tax Bill
$1,940
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Spearman, Hansford County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79081 | $389 | $1,000 | $1,942 | $3,434 | $5,409 |
Source: Ownwell