Como, Hopkins County, Texas Property Taxes

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

Median COMO, TX effective property tax rate: 1.34%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%. Median COMO, TX home value: $110,055. Median annual COMO, TX tax bill: $1,073, $1,327 lower than the national median property tax bill of $2,400.

How are property taxes in Hopkins calculated?

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

Last Updated March 1, 2025

Como, Hopkins County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.34%

Estimate Property Tax Bill

$1,475

$1,369

Ownwell’s COMO Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in COMO with just two data points. By entering your property's estimated assessed value, our calculator applies COMO’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 Hopkins County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Como, Hopkins County, Texas

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the fundamental process.

In Como, located in Hopkins County, Texas, the effective property tax rate offers a glimpse into how local rates compare within the state and against national figures. Texas has a median property tax rate of 1.34%, which is notably higher than the national median of 1.02%. This means homeowners in Como may face higher property tax bills compared to the national average. However, understanding these rates and how they are determined can empower homeowners to make informed decisions about property tax appeals and exemptions. By staying informed and proactive, property owners in Como can better navigate the complexities of property tax assessments and potentially reduce their tax burden.

Property Tax Rates Across Como, Hopkins County, Texas

Source: Ownwell

1.00%

1.34%

1.68%

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 Como Tax Rate

1.34%

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 Como, Hopkins County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75431	0.34%	0.85%	1.34%	1.44%	1.67%

Source: Ownwell

Property Tax Assessment Values Across Como, Hopkins County, Texas

When examining property taxes in COMO, Texas, 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. This assessed value is used to calculate your property taxes, which is 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 COMO.

For example, the median home price in COMO is $110,055, with tax bills ranging significantly across the county. ZIP code 75431 has the highest median home price at $110,055.

Property Tax Assessment Values Across Como, Hopkins County, Texas

Source: Ownwell

$93,125

$153,453

$213,780

Median Como Market Value

$110,055

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 Como, Hopkins County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75431	$14,427	$39,870	$110,055	$232,045	$445,286

Source: Ownwell

Property Tax Bills Across Como, Hopkins County, Texas

In Como, located in Hopkins County, TX, property tax bills are calculated based on the assessed value of the home, which is determined by the local appraisal district. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Como, the tax bill can vary significantly, with the 25th percentile at $374 and the 75th percentile reaching $2,061. This variation is influenced by factors such as property size, location, and improvements. The highest median tax bill recorded in the area is $1,073, which is relatively lower compared to the national median property tax bill of $2,400. This can be beneficial for homeowners, but there is still potential for savings. Ownwell offers property tax appeal services that can help homeowners reduce their tax bills by ensuring their property is fairly assessed. By working with Ownwell, homeowners can navigate the complexities of property tax assessments and potentially save hundreds of dollars each year.

Property Tax Bills Across Como, Hopkins County, Texas

Source: Ownwell

$1,073

$1,577

$2,081

Median Como Tax Bill

$1,073

Median Hopkins County Tax Bill

$1,733

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Como, Hopkins County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75431	$175	$374	$1,073	$2,061	$3,352

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