Tulia, Castro County, Texas Property Taxes

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

Median Tulia, TX effective property tax rate: 1.85%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Tulia, TX home value: $109,970
Median annual Tulia, TX tax bill: $2,035, $365 lower than the national median property tax bill of $2,400.

How are property taxes in Castro calculated?

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

Last Updated March 1, 2025

Tulia, Castro County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.85%

Estimate Property Tax Bill

$2,034

$1,888

Ownwell’s Tulia Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tulia with just two data points. By entering your property's estimated assessed value, our calculator applies Tulia’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 Castro County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Tulia, Castro County, Texas

Local government entities set tax rates, which can vary widely within a state. This is 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 Tulia’s effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S. Castro County, home to Tulia, has a median property tax rate of 1.85%, significantly higher than the national median of 1.02%. This means that property owners in Tulia may experience higher property tax bills compared to the national average. Understanding these rates is crucial for property owners looking to manage their expenses effectively. By comparing local rates to state and national figures, property owners can make informed decisions about appealing their property taxes or seeking exemptions.

Property Tax Rates Across Tulia, Castro County, Texas

Source: Ownwell

1.68%

2.08%

2.47%

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 Tulia Tax Rate

1.85%

Median Effective Castro County Tax Rate

2.39%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tulia, Castro County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79088	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Tulia, Castro County, Texas

When examining property taxes in Tulia, 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 Castro 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 Castro 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 Tulia. For example, the median home price in Tulia is $109,970, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Tulia, Castro County, Texas

Source: Ownwell

$32,915

$68,988

$105,060

Median Tulia Market Value

$109,970

Median Castro County Market Value

$49,105

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Tulia, Castro County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79088	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Tulia, Castro County, Texas

In Tulia, located in Castro County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Factors such as the home's location, size, and condition can influence its assessed value. For homeowners in Tulia, the median home price is $109,970, which can result in varying tax bills. For instance, tax bills in the 25th percentile are around $1,286, while those in the 75th percentile can reach $4,725. This variance shows how the assessed value can significantly impact the tax bill. Compared to the national median property tax bill of $2,400, Tulia's property tax bills can be relatively high, especially at the upper percentiles. Ownwell assists homeowners by providing property tax appeal and exemption services, potentially lowering their tax bills. By reviewing assessments and advocating on behalf of homeowners, Ownwell helps ensure that property taxes are fair and manageable.

Property Tax Bills Across Tulia, Castro County, Texas

Source: Ownwell

$755

$1,450

$2,145

Median Tulia Tax Bill

$2,035

Median Castro County Tax Bill

$1,097

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Tulia, Castro County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79088	N/A	N/A	N/A	N/A	N/A

Source: Ownwell