Era, Cooke County, Texas Property Taxes
Property Taxes in Era, Texas
Median ERA, Texas effective property tax rate: 1.08%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median ERA, Texas home value: $281,156
Median annual ERA, Texas tax bill: $2,518, $118 higher than the national median property tax bill of $2,400.
How are property taxes in Cooke calculated?
Property taxes in ERA, 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 ERA's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in ERA, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Era, Cooke County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.08%
Estimate Property Tax Bill
$3,036
$2,818
How Does the Era Property Tax Calculator Work?
Use this Era property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Era's median effective tax rate of 1.08% — based on actual property records in Cooke 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 Era'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 Era: rates range from 1.08% in 76238 to 1.08% in 76238, 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 Era.
About Era Property Taxes
About Property Taxes in ERA, Cooke, Texas
ERA’s median effective property tax rate of 1.08% is lower than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Cooke County base levy combined with local school district levies and Municipal Utility Districts that vary by subdivision throughout the city.
Property tax rates are not uniform across ERA. Homeowners in the 76238 ZIP code carry a median effective rate of 1.08%, while those in the same ZIP code also pay 1.08%. This spread reflects how school district boundaries and local assessment districts are drawn across Cooke County. Understanding which part of ERA you live in can make a meaningful difference to your annual tax bill.
ERA 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 Era, Cooke 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 Era'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 Era Tax Rate
1.08%
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 Cooke County Tax Rate
1.22%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Era, Cooke County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76238 | 0.70% | 0.91% | 1.08% | 1.24% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Era, Cooke County, Texas
When examining property taxes in Era, 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 Cooke 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 Cooke 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 Era.
For example, the median home price in Era is $281,156, with tax bills ranging significantly across the county. 76238 has the highest median home price at $281,156.
Property Tax Assessment Values Across Era, Cooke County, Texas
Source: Ownwell
$136,822
$315,921
$495,019
Median Era Market Value
$281,156
Median Cooke County Market Value
$243,620
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Era, Cooke County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76238 | $75,414 | $134,428 | $281,156 | $391,067 | $512,660 |
Source: Ownwell
Property Tax Bills Across Era, Cooke County, Texas
ERA property tax bills are based on the assessed market value of a home and the local tax rates set by taxing authorities in Cooke County. When a home’s assessed value rises, the tax bill can rise too, even if the homeowner has not made any changes to the property. The median home price in ERA is $281,156, and the median property tax bill is $2,518.00.
Property taxes are calculated by applying the local tax rate to the assessed value, so both the home’s market value and the tax rate matter. For many homeowners, this means the bill can vary widely from year to year depending on how the property is valued and how local budgets are set.
In ERA, the 25th percentile tax bill is $1,263, while the 75th percentile is $4,143 and the 90th percentile is $5,613. That spread shows how property tax bills can affect homeowners differently, especially when assessed values are higher than expected.
Median Era Tax Bill
$2,518
Median Cooke County Tax Bill
$2,884
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Era, Cooke County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76238 | $567 | $1,263 | $2,518 | $4,143 | $5,613 |
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 | |
|---|---|
| Cooke Appraisal District | |
| Website | esearch.walkercad.org |