Mitchell County, Texas Property Taxes

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

Median Mitchell County effective property tax rate: 1.88%, significantly higher than the national median of 1.02%.
Median Mitchell County home value: $57,050
Median annual Mitchell County tax bill: $1,077, $1,323 lower than the national median property tax bill of $2,400.

How are property taxes in Mitchell County calculated?

Property taxes in Mitchell County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Colorado City or another part of Mitchell County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Mitchell County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.88%

Estimate Property Tax Bill

$1,073

$995

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

Property Tax Rates Across Mitchell County, Texas

Local government entities determine tax rates, which can fluctuate significantly within a state. This variation occurs because each county annually estimates its budget needs to provide essential services and divides that amount by the total assessed value of all taxable properties within its borders. This calculation determines the property tax rate. Although setting tax rates and budgets involves votes and legislative processes, this is essentially the yearly routine.

Comparatively, Mitchell County's effective property tax rate is 1.88%, which is higher than the national median of 1.02%. Within Texas, it finds itself between the highest median tax rate of 1.90% in Colorado City and the lowest of 1.63% in Westbrook. This places Mitchell County above the national median property tax bill of $2,400, reflecting its higher rate. Understanding these differences can help property owners make informed decisions about their investments and potential savings through property tax appeals or exemptions. By staying informed, property owners can effectively manage their tax liabilities and optimize their financial strategies.

Property Tax Rates Across Mitchell County, Texas

Source: Ownwell

1.63%

1.76%

1.90%

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 Mitchell County Tax Rate

1.88%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mitchell County, Texas

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Big Spring	N/A	N/A	N/A	N/A	N/A
Colorado City	1.08%	1.46%	1.90%	2.85%	2.91%
Hermleigh	N/A	N/A	N/A	N/A	N/A
Loraine	0.66%	1.13%	1.85%	2.90%	3.06%
Roscoe	N/A	N/A	N/A	N/A	N/A
Westbrook	0.74%	1.04%	1.63%	2.01%	2.03%

Source: Ownwell

Property Tax Assessment Values Across Mitchell County, Texas

When examining property taxes in Mitchell County, 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 Mitchell 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.

Assessment notices:

In Mitchell 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 Mitchell County. For example, the median tax bill in Mitchell County is $1,114, with tax bills ranging significantly across the county. Colorado City has the highest median home price at $57,363.

Property Tax Assessment Values Across Mitchell County, Texas

Source: Ownwell

$52,345

$54,854

$57,363

Median Mitchell County Market Value

$57,050

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mitchell County, Texas

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Big Spring	N/A	N/A	N/A	N/A	N/A
Colorado City	$15,322	$32,692	$57,363	$102,307	$184,169
Hermleigh	N/A	N/A	N/A	N/A	N/A
Loraine	$9,257	$26,423	$55,050	$111,758	$252,531
Roscoe	N/A	N/A	N/A	N/A	N/A
Westbrook	$5,419	$24,626	$52,345	$105,552	$218,263

Source: Ownwell

Property Tax Bills Across Mitchell County, Texas

In Mitchell County, TX, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is typically determined by the county appraisal district and reflects what the property might sell for on the open market. Homeowners in Mitchell County face varying tax bills depending on their property's value. The median home price stands at $57,050, and the median property tax bill is significantly lower than the national median at $1,114 in Colorado City, the highest in the county. In contrast, Westbrook has the lowest median tax bill at $632. These figures highlight the variation within the county itself. The tax bill can also differ based on factors like exemptions and local tax rates. For many homeowners, these property taxes represent a significant annual expense, affecting their overall cost of living. Compared to the national median property tax rate of 1.02% and bill of $2,400, Mitchell County offers relatively lower property tax obligations, providing some financial relief to its residents.

Property Tax Bills Across Mitchell County, Texas

Source: Ownwell

$632

$873

$1,114

Median Mitchell County Tax Bill

$1,077

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Mitchell County, Texas

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Big Spring	N/A	N/A	N/A	N/A	N/A
Colorado City	$282	$591	$1,114	$1,894	$3,268
Hermleigh	N/A	N/A	N/A	N/A	N/A
Loraine	$181	$437	$917	$1,723	$3,054
Roscoe	N/A	N/A	N/A	N/A	N/A
Westbrook	$114	$290	$632	$1,324	$2,143

Source: Ownwell

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Colorado City

Loraine

Westbrook