Bovina, Parmer County, Texas Property Taxes
Median Bovina, TX effective property tax rate: 1.47%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%. Median Bovina, TX home value: $81,229. Median annual Bovina, TX tax bill: $960, $1,440 lower than the national median property tax bill of $2,400.
How are property taxes in Parmer County calculated?
Property taxes in Bovina, 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 Bovina’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bovina, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bovina, Parmer County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.47%
Estimate Property Tax Bill
$1,194
$1,108
Property Tax Rates Across Bovina, Parmer County, Texas
Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate the budget needed to provide services and divide it by the total value of all taxable property in their jurisdiction, resulting in the property tax rate. This process involves votes and laws, but this is the annual routine in a nutshell.
In Bovina, located in Parmer County, Texas, the effective property tax rate is a key figure for property owners to consider. When comparing Bovina's rate to other cities in Texas, it's important to note that the median property tax rate in Texas is 1.47%, which is higher than the national median of 1.02%. This means property owners in Bovina may face higher tax bills than the national average. However, understanding how these rates are calculated and how they compare can help property owners make informed decisions about their investments. Whether you're a homeowner or an investor, keeping an eye on these rates can provide valuable insights into potential costs and savings.
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 Bovina Tax Rate
1.47%
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 Parmer County Tax Rate
1.63%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bovina, Parmer County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79009 | 0.78% | 1.09% | 1.47% | 1.63% | 1.63% |
Source: Ownwell
Property Tax Assessment Values Across Bovina, Parmer County, Texas
When examining property taxes in Bovina, 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 Parmer 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 Parmer 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 Bovina. For example, the median home price in Bovina is $81,229, with tax bills ranging significantly across the county. 79009 has the highest median home price at $81,229.
Property Tax Assessment Values Across Bovina, Parmer County, Texas
Source: Ownwell
$81,229
$143,073
$204,916
Median Bovina Market Value
$81,229
Median Parmer County Market Value
$93,759
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bovina, Parmer County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79009 | $15,829 | $43,637 | $81,229 | $121,989 | $165,436 |
Source: Ownwell
Property Tax Bills Across Bovina, Parmer County, Texas
In Bovina, located in Parmer County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Homeowners in Bovina face a median property tax bill of $960, which is significantly lower than the national median of $2,400. Factors such as the home's location, improvements, and market conditions influence its assessed value. While the 25th percentile of tax bills stands at $512, the 75th percentile reaches $1,650, and the 90th percentile hits $2,251, indicating some variation in tax burdens across different properties.
Ownwell offers valuable assistance to homeowners looking to reduce their property tax bills. By providing expert property tax appeal services, Ownwell can help ensure that your home is assessed fairly, potentially lowering your tax burden. With their guidance, homeowners can navigate the complexities of property tax assessments and secure significant savings.
Median Bovina Tax Bill
$960
Median Parmer County Tax Bill
$1,407
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Bovina, Parmer County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79009 | $229 | $512 | $960 | $1,650 | $2,251 |
Source: Ownwell
Don't miss the deadline to protest!
Dates |
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Links | |
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| Parmer Appraisal District | |
| Website | esearch.parmercad.org |