Sherman County, Texas Property Taxes
Median Sherman County effective property tax rate: 0.41%, significantly lower than the national median of 1.02%.
Median Sherman County home value: $101,340
Median annual Sherman County tax bill: $384, $2,016 lower than the national median property tax bill of $2,400.
How are property taxes in Sherman County calculated?
Property taxes in Sherman 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 Stratford or another part of Sherman County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sherman County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.41%
Estimate Property Tax Bill
$415
$386
Property Tax Rates Across Sherman County, Texas
Local government entities set tax rates, which can vary widely within a state. This variation arises because each county estimates its required budget to provide essential services annually and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
Below, you can compare Sherman County's effective property tax rate to other counties in Texas or the U.S. median property tax rate.
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 Sherman County Tax Rate
0.41%
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 Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Assessment Values Across Sherman County, Texas
When examining property taxes in Sherman 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 Sherman 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 Sherman 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 Sherman County.
For example, the median tax bill in Sherman County is $399, with tax bills ranging significantly across the county. Stratford has the highest median home price at $107,700.
Median Sherman County Market Value
$101,340
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Bills Across Sherman County, Texas
Median Sherman County Tax Bill
$384
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400