Brashear, Hopkins County, Texas Property Taxes
Median Brashear, TX effective property tax rate: 1.33%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Brashear, TX home value: $150,275
Median annual Brashear, TX tax bill: $1,582, $818 lower than the national median property tax bill of $2,400.
How are property taxes in Hopkins County calculated?
Property taxes in Brashear, 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 Brashear’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Brashear, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Brashear, Hopkins County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.33%
Estimate Property Tax Bill
$1,999
$1,855
Property Tax Rates Across Brashear, Hopkins County, Texas
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 Brashear Tax Rate
1.33%
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 Hopkins County Tax Rate
1.66%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Brashear, Hopkins County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75420 | 0.36% | 0.83% | 1.33% | 1.66% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Brashear, Hopkins County, Texas
When examining property taxes in Brashear, 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 Hopkins 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 Hopkins 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 Brashear. For example, the median home price in Brashear is $150,275, with tax bills ranging significantly across the county. 75420 has the highest median home price at $150,275.
Property Tax Assessment Values Across Brashear, Hopkins County, Texas
Source: Ownwell
$93,125
$153,453
$213,780
Median Brashear Market Value
$150,275
Median Hopkins County Market Value
$132,490
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Brashear, Hopkins County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75420 | $31,747 | $68,872 | $150,275 | $304,268 | $507,430 |
Source: Ownwell
Property Tax Bills Across Brashear, Hopkins County, Texas
In Brashear, located in Hopkins County, TX, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is based on the market value of the property, which can fluctuate due to various factors such as local real estate trends and property improvements. Homeowners in Brashear face a median property tax bill of $1,582, which is below the national median of $2,400. However, tax bills can vary significantly, with some residents paying as little as $720 or as much as $4,477, depending on the assessed value of their properties. These fluctuations can significantly impact homeowners' annual expenses.
Ownwell is dedicated to assisting homeowners in reducing their property tax bills. By leveraging expert knowledge and understanding of local tax laws, Ownwell helps identify potential savings through appeals and exemptions. This can lead to substantial reductions in tax bills, providing financial relief and ensuring that homeowners are only paying their fair share. With Ownwell's support, Brashear residents can navigate the complexities of property taxes with confidence.
Median Brashear Tax Bill
$1,582
Median Hopkins County Tax Bill
$1,733
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Brashear, Hopkins County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75420 | $320 | $720 | $1,582 | $2,823 | $4,477 |
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 | |
|---|---|
| Hopkins Appraisal District | |
| Website | iswdataclient.azurewebsites.net |