Kermit, Winkler County, Texas Property Taxes

Name: Property Tax Bills Across Kermit, Winkler County, Texas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Kermit, TX effective property tax rate: 1.62%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Kermit, TX home value: $52,250
Median annual Kermit, TX tax bill: $679, $1,721 lower than the national median property tax bill of $2,400.

How are property taxes in Winkler County calculated?

Property taxes in Kermit, 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 Kermit’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kermit, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Kermit, Winkler County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.62%

Estimate Property Tax Bill

$846

$785

Ownwell’s Kermit Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Kermit with just two data points. By entering your property's estimated assessed value, our calculator applies Kermit’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Winkler County — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Winkler County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Kermit, Winkler County, Texas

Local government entities set property tax rates, which can vary significantly within a state. Each county estimates its required budget to provide essential services and divides that amount by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Kermit, located in Winkler County, the effective property tax rate is a notable point of comparison within Texas. Interestingly, Kermit shares the same median property tax rate of 1.62% as the highest and lowest rates in the state, making it a unique case. When compared to the national median property tax rate of 1.02%, Kermit's rate is significantly higher. This means that property owners in Kermit pay more in property taxes compared to the national average. Understanding these variations can help property owners make informed decisions and potentially seek property tax appeals or exemptions to reduce their tax liabilities.

Property Tax Rates Across Kermit, Winkler County, Texas

Source: Ownwell

0.53%

1.07%

1.62%

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 Kermit Tax Rate

1.62%

Median Effective Winkler County Tax Rate

1.22%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Kermit, Winkler County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79745	0.51%	0.86%	1.62%	2.31%	2.36%

Source: Ownwell

Property Tax Assessment Values Across Kermit, Winkler County, Texas

When examining property taxes in Kermit, 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 Winkler 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 Winkler 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 Kermit.

For example, the median home price in Kermit is $52,250, with tax bills ranging significantly across the county. The zip code 79745 has the highest median home price at $52,250.

Property Tax Assessment Values Across Kermit, Winkler County, Texas

Source: Ownwell

$47,710

$49,980

$52,250

Median Kermit Market Value

$52,250

Median Winkler County Market Value

$51,215

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Kermit, Winkler County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79745	$8,160	$27,740	$52,250	$87,965	$134,278

Source: Ownwell

Property Tax Bills Across Kermit, Winkler County, Texas

In Kermit, located in Winkler County, TX, property tax bills are determined by the assessed value of a home, which is based on the market value. The median home price here is $52,250. Homeowners in Kermit face a median property tax bill of $679, which is notably lower than the national median of $2,400. Tax bills can vary significantly, with the 25th percentile at $321 and the 75th percentile at $1,182, reaching up to $1,830 at the 90th percentile. These variations depend on factors such as property size, location, and any applicable exemptions. High property taxes can significantly impact homeowners, making it essential to ensure assessments are accurate. Ownwell offers expert property tax appeal services to help homeowners in Kermit reduce their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell can assist in filing appeals that may lead to substantial savings. This service ensures homeowners only pay their fair share, potentially lowering their annual tax bills.

Property Tax Bills Across Kermit, Winkler County, Texas

Source: Ownwell

$228

$454

$679

Median Kermit Tax Bill

$679

Median Winkler County Tax Bill

$557

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Kermit, Winkler County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79745	$133	$321	$679	$1,182	$1,830

Source: Ownwell

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Dates

Links
Winkler Appraisal District
Website	esearch.winklercad.org