Goldthwaite, Mills County, Texas Property Taxes
Median Goldthwaite, TX effective property tax rate: 1.50%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Goldthwaite, TX home value: $98,850
Median annual Goldthwaite, TX tax bill: $1,289, $1,111 lower than the national median property tax bill of $2,400.
How are property taxes in Mills calculated?
Property taxes in Goldthwaite, 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 Goldthwaite’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Goldthwaite, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Goldthwaite, Mills County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.5%
Estimate Property Tax Bill
$1,483
$1,376
Property Tax Rates Across Goldthwaite, Mills County, Texas
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county estimates its required budget annually to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the basic annual process.
In Goldthwaite, located in Mills County, the effective property tax rate is a reflection of this local budgeting process. Compared to other cities in Texas, Goldthwaite's rate can be seen as part of the broader spectrum of property tax rates across the state. Texas, known for its higher property tax rates, often shows rates that surpass the national median property tax rate of 1.02%. This places Texas property owners, including those in Goldthwaite, in a unique position compared to the national landscape. Understanding these dynamics can help property owners make informed decisions about their investments and potential tax liabilities.
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 Goldthwaite Tax Rate
1.50%
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 Mills County Tax Rate
1.41%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Goldthwaite, Mills County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76844 | 1.15% | 1.34% | 1.50% | 1.50% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Goldthwaite, Mills County, Texas
When examining property taxes in Goldthwaite, 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 Mills 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 Mills 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 Goldthwaite. For example, the median home price in Goldthwaite is $98,850, with tax bills ranging significantly across the county. Zip code 76844 has the highest median home price at $98,850.
Property Tax Assessment Values Across Goldthwaite, Mills County, Texas
Source: Ownwell
$78,440
$110,195
$141,950
Median Goldthwaite Market Value
$98,850
Median Mills County Market Value
$100,465
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Goldthwaite, Mills County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76844 | $21,508 | $51,295 | $98,850 | $182,065 | $300,248 |
Source: Ownwell
Property Tax Bills Across Goldthwaite, Mills County, Texas
In Goldthwaite, property tax bills are calculated based on the assessed value of the property, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property improvements, market conditions, and neighborhood changes can influence the assessed value, thereby affecting the tax bill. The median home price in Goldthwaite is $98,850, with tax bills ranging from $679 at the 25th percentile to $3,681 at the 90th percentile. Compared to the national median property tax bill of $2,400, Goldthwaite's tax bills can be more manageable, but they still pose a significant cost for homeowners.
Ownwell offers a solution by providing property tax appeal services that can help homeowners potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist in filing appeals to ensure homeowners are not overpaying. This service can lead to substantial savings, making property ownership more affordable in Goldthwaite.
Median Goldthwaite Tax Bill
$1,289
Median Mills County Tax Bill
$1,261
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Goldthwaite, Mills County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76844 | $304 | $679 | $1,289 | $2,328 | $3,681 |
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 |