Cranfills Gap, Bosque County, Texas Property Taxes
Property Taxes in Cranfills Gap, Texas
Median Cranfills Gap, Texas effective property tax rate: 1.03%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Cranfills Gap, Texas home value: $135,051
Median annual Cranfills Gap, Texas tax bill: $1,327, lower than the national median property tax bill of $2,400.
How are property taxes in Bosque calculated?
Property taxes in Cranfills Gap, Texas 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 Cranfills Gap's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cranfills Gap, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Cranfills Gap, Bosque County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.03%
Estimate Property Tax Bill
$1,391
$1,291
How Does the Cranfills Gap Property Tax Calculator Work?
Use this Cranfills Gap property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Cranfills Gap's median effective tax rate of 1.03% — based on actual property records in Bosque County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Cranfills Gap's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Cranfills Gap: rates range from 1.03% in 76637 to 1.03% in 76637, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Cranfills Gap.
About Cranfills Gap Property Taxes
About Property Taxes in Cranfills Gap, Bosque, Texas
Cranfills Gap's median effective property tax rate of 1.03% is higher than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Bosque County base levy combined with local school district levies and Municipal Utility Districts (MUDs) that vary by subdivision throughout the city.
Property tax rates are not uniform across Cranfills Gap. Homeowners in the 76637 ZIP code carry a median effective rate of 1.03%, while those in the same ZIP code pay 1.03%. This spread reflects how school district boundaries and local assessment districts are drawn across Bosque County. Understanding which part of Cranfills Gap you live in can make a meaningful difference to your annual tax bill.
Cranfills Gap homeowners who believe their assessed value is too high can file a formal appeal with the local Appraisal District before the May 15, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Cranfills Gap, Bosque County, Texas
As noted earlier, 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 Cranfills Gap's effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.
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 Cranfills Gap Tax Rate
1.03%
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 Bosque County Tax Rate
1.14%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cranfills Gap, Bosque County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76637 | 0.55% | 0.75% | 1.03% | 1.33% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across Cranfills Gap, Bosque County, Texas
When examining property taxes in Cranfills Gap, Texas, 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 Bosque 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.
Assessment notices:
In Bosque County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Cranfills Gap.
For example, the median home price in Cranfills Gap is $135,051, with tax bills ranging significantly across the county. 76637 has the highest median home price at $135,051.
Property Tax Assessment Values Across Cranfills Gap, Bosque County, Texas
Source: Ownwell
$117,518
$275,595
$433,672
Median Cranfills Gap Market Value
$135,051
Median Bosque County Market Value
$168,438
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cranfills Gap, Bosque County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76637 | $26,624 | $72,838 | $135,051 | $238,724 | $383,124 |
Source: Ownwell
Property Tax Bills Across Cranfills Gap, Bosque County, Texas
Property tax bills in Cranfills Gap are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For homeowners, that means the bill depends on both what the home is worth and how local taxing authorities set their rates. With a median home price of $135,051, the tax burden can vary widely from one property to another.
The typical tax bill in the area is $1,327, which is below the national median property tax bill of $2,400 and also lower than the national median property tax rate of 1.02%. Bills in the area range from $676 at the 25th percentile to $2,271 at the 75th percentile, with the 90th percentile reaching $3,516. That spread shows how changes in assessed value and tax rates can significantly affect what homeowners owe each year.
Median Cranfills Gap Tax Bill
$1,327
Median Bosque County Tax Bill
$1,852
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Cranfills Gap, Bosque County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76637 | $287 | $676 | $1,327 | $2,271 | $3,516 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Bosque Appraisal District | |
| Website | esearch.bosquecad.com |