Denver City, Yoakum County, Texas Property Taxes
Median DENVER CITY, TX effective property tax rate: 1.55%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median DENVER CITY, TX home value: $64,513
Median annual DENVER CITY, TX tax bill: $904, $1,496 lower than the national median property tax bill of $2,400.
How are property taxes in Yoakum calculated?
Property taxes in DENVER CITY, 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 DENVER CITY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in DENVER CITY, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Denver City, Yoakum County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.55%
Estimate Property Tax Bill
$1,000
$928
Property Tax Rates Across Denver City, Yoakum County, Texas
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 Denver City Tax Rate
1.55%
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 Yoakum County Tax Rate
1.43%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Denver City, Yoakum County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79323 | 0.47% | 0.85% | 1.55% | 2.63% | 2.63% |
Source: Ownwell
Property Tax Assessment Values Across Denver City, Yoakum County, Texas
When examining property taxes in Denver City, 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 Yoakum 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 Yoakum 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 Denver City.
For example, the median home price in Denver City is $64,513, with tax bills ranging significantly across the county. Zip code 79323 has the highest median home price at $64,513.
Property Tax Assessment Values Across Denver City, Yoakum County, Texas
Source: Ownwell
$48,646
$56,580
$64,513
Median Denver City Market Value
$64,513
Median Yoakum County Market Value
$60,076
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Denver City, Yoakum County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79323 | $13,662 | $32,442 | $64,513 | $124,639 | $189,311 |
Source: Ownwell
Property Tax Bills Across Denver City, Yoakum County, Texas
In Denver City, located in Yoakum County, TX, property tax bills are calculated based on the assessed value of a home. The local taxing authorities determine this value, which may differ from the market value. The tax rate is applied to this assessed value to calculate the annual tax bill. For many homeowners in Denver City, the property tax bill can vary significantly, with the 25th percentile at $370 and the 90th percentile reaching $2,995. This variance can affect homeowners' financial planning, especially when compared to the national median property tax bill of $2,400. Homeowners in Denver City might find themselves paying less or more than the national average, depending on their property's assessed value.
Ownwell assists homeowners by offering property tax appeal and exemption services, which can help reduce tax bills. By evaluating the assessed value of a home and ensuring it aligns with market conditions, Ownwell can identify opportunities for savings. This service can be crucial in helping homeowners manage their expenses and potentially lower their property tax obligations.
Median Denver City Tax Bill
$904
Median Yoakum County Tax Bill
$762
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Denver City, Yoakum County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79323 | $143 | $370 | $904 | $1,764 | $2,995 |
Source: Ownwell