Buffalo Gap, Taylor County, Texas Property Taxes
Median Buffalo Gap, TX effective property tax rate: 1.44%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Buffalo Gap, TX home value: $124,337
Median annual Buffalo Gap, TX tax bill: $1,881, $519 lower than the national median property tax bill of $2,400.
How are property taxes in Taylor County calculated?
Property taxes in Buffalo Gap, 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 Buffalo Gap’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Buffalo Gap, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Buffalo Gap, Taylor County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.44%
Estimate Property Tax Bill
$1,790
$1,661
$1,102
Average Tax Savings
Property Tax Rates Across Buffalo Gap, Taylor County, Texas
Local government entities are responsible for setting tax rates, which can differ significantly within a state. This is because each county annually estimates its budget requirements to provide essential services and then divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While the process involves votes and laws, this is essentially how it works each year.
Buffalo Gap, located in Taylor County, TX, has an effective property tax rate that can be compared to other cities in Texas and the national median. The median property tax rate in Texas is 1.44%, which is higher than the national median of 1.02%. This highlights the importance of understanding local tax rates, as they can have a significant impact on property owners. By comparing Buffalo Gap's property tax rate to other areas, property owners can gain valuable insights into how their tax obligations stack up. This information is crucial for those looking to manage their property tax liabilities effectively.
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 Buffalo Gap Tax Rate
1.44%
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 Taylor County Tax Rate
2.16%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Buffalo Gap, Taylor County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79508 | 1.23% | 1.37% | 1.44% | 1.83% | 1.83% |
Source: Ownwell
$1,102
Average Buffalo Gap Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Assessment Values Across Buffalo Gap, Taylor County, Texas
When examining property taxes in Buffalo Gap, 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 Taylor 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 Taylor 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 Buffalo Gap.
For example, the median home price in Buffalo Gap is $124,337, with tax bills ranging significantly across the county. Zip code 79508 has the highest median home price at $124,337.
Property Tax Assessment Values Across Buffalo Gap, Taylor County, Texas
Source: Ownwell
$32,782
$163,580
$294,378
Median Buffalo Gap Market Value
$124,337
Median Taylor County Market Value
$148,796
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Buffalo Gap, Taylor County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79508 | $20,908 | $48,976 | $124,337 | $254,298 | $450,141 |
Source: Ownwell
$1,102
Average Buffalo Gap Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Bills Across Buffalo Gap, Taylor County, Texas
In Buffalo Gap, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the Taylor County Appraisal District and reflects the market value of the property. Homeowners in Buffalo Gap face a median property tax bill of $1,881, which is below the national median of $2,400. The tax bill can vary significantly, with the 25th percentile at $792 and the 90th percentile reaching $6,257, impacting homeowners differently depending on their property's value and location.
Ownwell can assist homeowners in Buffalo Gap by providing expert property tax appeal services. By analyzing the assessed value of a home and identifying discrepancies or overvaluations, Ownwell can help reduce the tax burden. This service ensures that homeowners pay a fair amount, potentially saving them a significant sum of money. With Ownwell's assistance, homeowners can navigate the complexities of property tax assessments and secure the best possible outcome for their tax bills.
Median Buffalo Gap Tax Bill
$1,881
Median Taylor County Tax Bill
$3,051
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Buffalo Gap, Taylor County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79508 | $267 | $792 | $1,881 | $4,265 | $6,257 |
Source: Ownwell
$1,102
Average Buffalo Gap Tax Savings
Save on your property taxes & more with Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | January 31 |
Links | |
|---|---|
| Taylor Appraisal District | |
| Website | esearch.taylor-cad.org |
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