Lipscomb County, Texas Property Taxes
Property Taxes in Lipscomb County, Texas
Median Lipscomb County effective property tax rate: 2.76%, significantly higher than the national median of 1.02%.
Median Lipscomb County home value: $33,110
Median annual Lipscomb County tax bill: $856, lower than the national median property tax bill of $2,400.
How are property taxes in Lipscomb County calculated?
Property taxes in Lipscomb County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Lipscomb County or another part of Lipscomb County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Lipscomb County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.76%
Estimate Property Tax Bill
$914
$848
How Does the Lipscomb County Property Tax Calculator Work?
Use this Lipscomb County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Lipscomb County's median effective tax rate of 2.76% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Lipscomb County's median tax rate is higher than Texas's 1.48% median rate and higher than the national median property tax rate of 1.02%. The county's median property tax bill is $856, which is $1,544 lower than the Texas median bill and below the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Lipscomb County.
Property Tax Rates Across Lipscomb County, Texas
What Are Effective Property Tax Rates Across Lipscomb County?
Local government entities set tax rates, which vary widely across Lipscomb County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Lipscomb County's effective property tax rate to other counties in Texas or the U.S. median of 1.02%.
Lipscomb County's median effective rate stands at 2.76%, which is higher than the national median of 1.02%. Within Lipscomb County, the highest rate is found in Darrouzett at 3.79%, while Canadian has the lowest at 1.70%.
These variations reflect differences in local school district levies, Municipal Utility Districts (MUDs) assessments, and special district bonds — which compound the base county rate.
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 Lipscomb County Tax Rate
2.76%
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 Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Assessment Values Across Lipscomb County, Texas
When examining property taxes in Lipscomb County, 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 Lipscomb 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 Lipscomb 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 Lipscomb County.
For example, the median tax bill in Lipscomb County is $856, with tax bills ranging significantly across the county. Canadian has the highest median tax bill at $1,341.
Median Lipscomb County Market Value
$33,110
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lipscomb County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Booker | $4,580 | $16,480 | $47,410 | $75,670 | $102,710 |
| Canadian | $33,526 | $56,320 | $72,840 | $94,380 | $117,792 |
| Darrouzett | $1,584 | $7,440 | $25,085 | $49,078 | $74,972 |
| Follett | $3,348 | $12,930 | $35,355 | $71,448 | $91,025 |
| Higgins | $1,326 | $5,330 | $17,690 | $44,038 | $78,509 |
| Lipscomb | $4,420 | $32,750 | $75,100 | $115,200 | $224,590 |
| Perryton | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Lipscomb County, Texas
Property tax bills in Lipscomb County are calculated by applying the local tax rate to a home’s assessed value, which is based on the property’s market value. That means the county considers what a home is worth, along with any exemptions or special taxing rules that may reduce the final amount owed. Because taxes are tied to assessed value, homeowners with higher-valued properties generally pay more, while lower-valued homes tend to have smaller bills.
In Lipscomb County, the median home price is $33,110, and the typical tax burden is relatively modest compared with the national median property tax bill of $2,400. The 25th percentile tax bill is $267, while the 75th percentile is $1,739 and the 90th percentile is $2,501. This range shows how much bills can vary from one homeowner to another. A higher assessed value or fewer exemptions can raise the bill, while lower assessments can keep property taxes more manageable.
Median Lipscomb County Tax Bill
$856
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
Links | |
|---|---|
| Lipscomb Appraisal District | |
| Website | www.southwestdatasolution.com |