Big Spring, Borden County, Texas Property Taxes

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

Median BIG SPRING, TX effective property tax rate: 1.37%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median BIG SPRING, TX home value: $36,990
Median annual BIG SPRING, TX tax bill: $506, $1,894 lower than the national median property tax bill of $2,400.

How are property taxes in Borden calculated?

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

Last Updated March 1, 2025

Big Spring, Borden County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.37%

Estimate Property Tax Bill

$507

$470

Ownwell’s BIG SPRING Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in BIG SPRING with just two data points. By entering your property's estimated assessed value, our calculator applies BIG SPRING’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your 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 Borden. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Big Spring, Borden County, Texas

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Big Spring’s effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S. The median property tax rate in Texas is 1.37%, which is higher than the national median rate of 1.02%. In Big Spring, located in Howard County, the effective property tax rate aligns with the state median. This makes Big Spring an interesting case for property owners considering the state’s overall higher tax rate compared to the national average. Understanding these rates can provide valuable insights for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Big Spring, Borden County, Texas

Source: Ownwell

1.37%

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 Big Spring Tax Rate

1.37%

Median Effective Borden County Tax Rate

1.37%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Big Spring, Borden County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79720	1.37%	1.37%	1.37%	1.37%	1.37%

Source: Ownwell

Property Tax Assessment Values Across Big Spring, Borden County, Texas

When examining property taxes in Big Spring, 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 Borden 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 Borden 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 Big Spring. For example, the median home price in Big Spring is $36,990, with tax bills ranging significantly across the county. 79720 has the highest median home price at $36,990.

Property Tax Assessment Values Across Big Spring, Borden County, Texas

Source: Ownwell

$17,690

$29,520

$41,350

Median Big Spring Market Value

$36,990

Median Borden County Market Value

$12,770

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Big Spring, Borden County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79720	$16,096	$25,745	$36,990	$117,840	$126,248

Source: Ownwell

Property Tax Bills Across Big Spring, Borden County, Texas

In Big Spring, TX, property tax bills are calculated based on the assessed value of a home. This value is determined by the local appraisal district and reflects the market value of the property. The property tax rate is then applied to this assessed value to determine the tax bill. For homeowners in Big Spring, the median home price is $36,990, resulting in varying tax bills across different percentiles. For example, the 25th percentile tax bill is $352, while the 90th percentile reaches $1,684. Compared to the national median property tax bill of $2,400, Big Spring homeowners generally experience lower tax burdens. Factors such as property size, location, and improvements can influence the assessed value, impacting the final tax bill. Ownwell assists homeowners in potentially reducing their property tax bills by offering expert property tax appeal services. By challenging over-assessments and identifying eligible exemptions, Ownwell helps homeowners achieve significant savings on their property taxes, ensuring they only pay their fair share.

Property Tax Bills Across Big Spring, Borden County, Texas

Source: Ownwell

$238

$372

$506

Median Big Spring Tax Bill

$506

Median Borden County Tax Bill

$171

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Big Spring, Borden County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79720	$220	$352	$506	$1,613	$1,684

Source: Ownwell