Pickton, Hopkins County, Texas Property Taxes
Median Pickton, TX effective property tax rate: 1.06%, slightly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Pickton, TX home value: $162,780
Median annual Pickton, TX tax bill: $1,226, $1,174 lower than the national median property tax bill of $2,400.
How are property taxes in Hopkins calculated?
Property taxes in Pickton, 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 Pickton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pickton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pickton, Hopkins County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.06%
Estimate Property Tax Bill
$1,725
$1,601
Property Tax Rates Across Pickton, Hopkins County, Texas
Local government entities in Texas set property tax rates, which can vary significantly across the state. This variation is due to each county's annual process of estimating its budget needs for public services and dividing that by the total assessed value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. While the process involves votes and legal regulations, this is essentially how it works each year.
In Pickton, located in Hopkins County, the effective property tax rate is worth noting. When compared to other cities in Texas, Pickton's rate offers a unique perspective. The median property tax rate in Texas is slightly higher than the national median of 1.02%, reflecting the state's approach to funding local services. This comparison highlights the diverse landscape of property taxation within Texas and underscores the importance of understanding local tax rates. Whether you're a homeowner or considering purchasing property, being informed about these rates can help you make better financial decisions.
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 Pickton Tax Rate
1.06%
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 Pickton, Hopkins County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75471 | 0.20% | 0.56% | 1.06% | 1.34% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Pickton, Hopkins County, Texas
When examining property taxes in Pickton, 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 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 Pickton. For example, the median home price in Pickton is $162,780, with tax bills ranging significantly across the county. 75471 has the highest median home price at $162,780.
Property Tax Assessment Values Across Pickton, Hopkins County, Texas
Source: Ownwell
$93,125
$153,453
$213,780
Median Pickton Market Value
$162,780
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 Pickton, Hopkins County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75471 | $23,082 | $69,930 | $162,780 | $320,350 | $516,392 |
Source: Ownwell
Property Tax Bills Across Pickton, Hopkins County, Texas
In Pickton, located in Hopkins County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local appraisal district, which considers factors such as the property's market value and any applicable exemptions. With the national median property tax rate at 1.02%, Pickton homeowners face varying tax bills, with the 25th percentile at $472 and the 75th percentile reaching $2,330. These figures highlight the range of property tax burdens within the community, which can significantly impact homeowners' finances.
Homeowners in Pickton can benefit from understanding their property tax assessments and exploring potential savings. Ownwell offers expert property tax appeal services, helping homeowners navigate the complexities of the tax system. By analyzing property valuations and identifying potential discrepancies, Ownwell can assist in reducing tax bills, ensuring homeowners pay only their fair share. This service not only provides financial relief but also offers peace of mind, knowing that property taxes are being managed effectively.
Median Pickton Tax Bill
$1,226
Median Hopkins County Tax Bill
$1,733
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Pickton, Hopkins County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75471 | $200 | $472 | $1,226 | $2,330 | $3,656 |
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 |