Stratford, Sherman County, Texas Property Taxes
Median Stratford, TX effective property tax rate: 0.39%, significantly lower than the national median of 1.02%, but lower than the Texas state median of 1.67%. Median Stratford, TX home value: $107,700. Median annual Stratford, TX tax bill: $399, $2,001 lower than the national median property tax bill of $2,400.
How are property taxes in Sherman County calculated?
Property taxes in Stratford, 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 Stratford’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stratford, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Stratford, Sherman County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.39%
Estimate Property Tax Bill
$420
$390
Property Tax Rates Across Stratford, Sherman County, Texas
Local government entities determine tax rates, leading to significant variation within Texas. This occurs because each county annually estimates its required budget to provide services, dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Votes and laws play a role in setting tax rates and budgets, but this is the core of the annual process.
In Stratford, located in Sherman County, the effective property tax rate is 0.39%. This rate is considerably lower than both the Texas median property tax rate and the national median property tax rate of 1.02%. Homeowners in Stratford benefit from this lower rate, resulting in a more affordable property tax bill compared to the national median bill of $2,400. This presents an opportunity for property owners in Stratford to save on annual taxes, making it an attractive location for those seeking to reduce their financial burden. By understanding these rates, property owners can better navigate their tax responsibilities and potentially appeal for reductions where applicable.
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 Stratford Tax Rate
0.39%
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%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Stratford, Sherman County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79084 | 0.22% | 0.30% | 0.39% | 0.48% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Stratford, Sherman County, Texas
When examining property taxes in Stratford, 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 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.
In Sherman 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 Stratford.
For example, the median home price in Stratford is $107,700, with tax bills ranging significantly across the county. Zip code 79084 has the highest median home price at $107,700.
Property Tax Assessment Values Across Stratford, Sherman County, Texas
Source: Ownwell
$69,870
$88,785
$107,700
Median Stratford Market Value
$107,700
Median Sherman County Market Value
$101,340
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Stratford, Sherman County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79084 | $44,822 | $71,380 | $107,700 | $148,140 | $214,198 |
Source: Ownwell
Property Tax Bills Across Stratford, Sherman County, Texas
In Stratford, located in Sherman County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. Homeowners in this area see a median tax bill of approximately $399, significantly lower than the national median of $2,400. The calculation involves multiplying the assessed value by the local tax rate. Various factors such as property size, location, and market conditions influence the assessed value. For homeowners, this means that any increase in assessed value could lead to higher tax bills, impacting household budgets.
Ownwell assists homeowners by providing property tax appeal services, potentially lowering their tax bills. Our experts analyze your property’s assessment and market data to identify discrepancies or overvaluations. By filing an appeal on your behalf, we aim to reduce your assessed value, leading to substantial savings. With our help, homeowners can ensure their property taxes are fair and manageable, easing the financial burden and preserving more of their income.
Median Stratford Tax Bill
$399
Median Sherman County Tax Bill
$384
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Stratford, Sherman County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79084 | $124 | $228 | $399 | $645 | $998 |
Source: Ownwell