Nocona, Montague County, Texas Property Taxes
Median Nocona, TX effective property tax rate: 1.42%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Nocona, TX home value: $113,130
Median annual Nocona, TX tax bill: $1,629, $771 lower than the national median property tax bill of $2,400.
How are property taxes in Montague County calculated?
Property taxes in Nocona, 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 Nocona’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nocona, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Nocona, Montague County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.42%
Estimate Property Tax Bill
$1,606
$1,491
Property Tax Rates Across Nocona, Montague County, Texas
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 Nocona Tax Rate
1.42%
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 Montague County Tax Rate
1.38%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Nocona, Montague County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76255 | 1.03% | 1.37% | 1.42% | 1.78% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Nocona, Montague County, Texas
When examining property taxes in Nocona, 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 Montague 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 Montague 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 Nocona. For example, the median home price in Nocona is $113,130, with tax bills ranging significantly across the county. Zip code 76255 has the highest median home price at $113,130.
Property Tax Assessment Values Across Nocona, Montague County, Texas
Source: Ownwell
$82,400
$172,310
$262,220
Median Nocona Market Value
$113,130
Median Montague County Market Value
$136,020
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Nocona, Montague County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76255 | $17,154 | $51,260 | $113,130 | $232,360 | $466,938 |
Source: Ownwell
Property Tax Bills Across Nocona, Montague County, Texas
In Nocona, located in Montague County, TX, property tax bills are calculated based on the assessed value of a property. The median home price here is $113,130, which is significantly lower than the national median property tax rate of 1.02%. The tax bill for homeowners in Nocona can vary, with the 25th percentile tax bill at $752 and the 75th percentile reaching $2,979. For those in the 90th percentile, the tax bill can rise to $5,426, indicating a wide range of tax burdens depending on property value and location within the city. These taxes are a crucial consideration for homeowners as they can significantly impact annual expenses.
Ownwell assists homeowners in Nocona by providing property tax appeal and exemption services, potentially lowering their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure that homeowners are not overpaying. This service can lead to substantial savings, alleviating the financial burden on property owners and allowing them to invest those savings elsewhere.
Median Nocona Tax Bill
$1,629
Median Montague County Tax Bill
$1,909
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Nocona, Montague County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76255 | $247 | $752 | $1,629 | $2,979 | $5,426 |
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 | |
|---|---|
| Montague Appraisal District | |
| Website | iswdataclient.azurewebsites.net |