Comanche, Texas Property Taxes
The median property tax rate in Comanche, TX is 1.39%, which is notably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Comanche at $92,485, the typical annual property tax bill amounts to $1,090, which is below the national median of $2,690. Property taxes in Comanche are calculated based on the tax assessed value, which often falls below the market value due to exemptions like 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 city, 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
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$1,286
$1,189
Ownwell’s Comanche Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner 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, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Comanche is 1.39%, which is higher than both the Texas state median 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 zip code 76442 has the highest median property tax rate of 1.39%, while the same zip code also has the lowest median tax rate of 1.39%. Understanding how these cities compare with Comanche provides valuable insights into the varying tax landscape across Mills County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Comanche Tax Rate
1.39%
Average Mills County Tax Rate
1.41%
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 | 0.94% | 1.24% | 1.39% | 1.41% | 1.41% |
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 Mills 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. For instance, the median home price in Comanche is $92,485, with tax bills ranging significantly. The 25th percentile tax bill is $442, while the 75th percentile reaches $2,008, and the 90th percentile hits $3,306. Zip code 76442 sees the highest and lowest median tax bills, both at $1,090. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Comanche Assessed Value
$92,485
Average Mills County Assessed Value
$100,465
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 | $20,697 | $35,980 | $92,485 | $168,095 | $277,481 |
Source: Ownwell
Property Tax Bills Across Comanche, Texas
In Comanche, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. For instance, with a median home price of $92,485, the tax bill can vary significantly. Homeowners in the 25th percentile can expect to pay around $442, while those in the 75th percentile might see bills as high as $2,008. At the 90th percentile, tax bills can reach up to $3,306. These figures highlight the variability in property tax bills, which are influenced by the property's assessed value and the local tax rate. The highest and lowest median tax bills in the area both stand at $1,090, reflecting the uniformity in certain zip codes. Compared to the national median property tax rate of 0.99%, homeowners in Comanche may find their tax bills relatively manageable, but the impact on individual finances can vary widely based on the assessed value of their homes.
Average Comanche Tax Bill
$1,090
Average Mills County Tax Bill
$1,261
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 | $261 | $442 | $1,090 | $2,008 | $3,306 |
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 | |
|---|---|
| Mills Appraisal District | |
| Website | esearch.millscad.org |