Booker, Lipscomb County, Texas Property Taxes
Property Taxes in Booker, Texas
Median Booker, Texas effective property tax rate: 3.02%, significantly higher than the national median of 1.02%, and higher than the Texas state median of 1.48%.
Median Booker, Texas home value: $47,410
Median annual Booker, Texas tax bill: $1,316, lower than the national median property tax bill of $2,400.
How are property taxes in Lipscomb calculated?
Property taxes in Booker, 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 Booker’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Booker, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Booker, Lipscomb County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.02%
Estimate Property Tax Bill
$1,432
$1,329
How Does the Booker Property Tax Calculator Work?
Use this Booker property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Booker’s median effective tax rate of 3.02% — based on actual property records in Lipscomb 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 Booker’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 Booker: rates range from 3.02% in 79005 to 3.02% in 79005, 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 Booker.
About Booker Property Taxes
About Property Taxes in Booker, Lipscomb, Texas
Booker’s median effective property tax rate of 3.02% is higher than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Lipscomb County base levy combined with local school district levies and Municipal Utility Districts that can vary by subdivision throughout the city.
Property tax rates are not uniform across Booker. Homeowners in the 79005 ZIP code carry a median effective rate of 3.02%, while those in the same ZIP code pay 3.02%. This spread reflects how school district boundaries and local assessment districts are drawn across Lipscomb County. Understanding which part of Booker you live in can make a meaningful difference to your annual tax bill.
Booker 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 Booker, Lipscomb 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 Booker’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 Ă· 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 Booker Tax Rate
3.02%
Our median effective property tax rate (tax bill Ă· 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%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Booker, Lipscomb County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79005 | 2.27% | 2.94% | 3.02% | 3.04% | 3.09% |
Source: Ownwell
Property Tax Assessment Values Across Booker, Lipscomb County, Texas
When examining property taxes in Booker, 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 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 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 Booker.
For example, the median home price in Booker is $47,410, with tax bills ranging significantly across the county. 79005 has the highest median home price at $47,410.
Property Tax Assessment Values Across Booker, Lipscomb County, Texas
Source: Ownwell
$17,690
$46,395
$75,100
Median Booker Market Value
$47,410
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 Booker, Lipscomb County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79005 | $4,580 | $16,480 | $47,410 | $75,670 | $102,710 |
Source: Ownwell
Property Tax Bills Across Booker, Lipscomb County, Texas
Property tax bills in Booker are calculated by applying the local tax rate to a home’s assessed value, which is based on its market value and any applicable exemptions. For homeowners, that means the bill is not set by the purchase price alone, but by how the property is valued for tax purposes and the rates used by local taxing entities in Lipscomb County.
With a median home price of $47,410, property taxes can still vary widely from one homeowner to another. The 25th percentile tax bill is $441, while the 75th percentile reaches $2,123 and the 90th percentile climbs to $2,893. The median tax bill in ZIP code 79005 is $1,316, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%.
For homeowners, these differences can meaningfully affect monthly housing costs and long-term affordability.
Median Booker Tax Bill
$1,316
Median Lipscomb County Tax Bill
$856
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Booker, Lipscomb County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79005 | $122 | $441 | $1,316 | $2,123 | $2,893 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
Links | |
|---|---|
| Lipscomb Appraisal District | |
| Website | www.southwestdatasolution.com |