Colorado City, Mitchell County, Texas Property Taxes
Property Taxes in Colorado City, Texas
Median Colorado City, Texas effective property tax rate: 1.99%, significantly higher than the national median of 1.02%, and higher than the Texas state median of 1.48%.
Median Colorado City, Texas home value: $64,730
Median annual Colorado City, Texas tax bill: $1,262, $1,138 lower than the national median property tax bill of $2,400.
How are property taxes in Mitchell calculated?
Property taxes in Colorado City, 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 Colorado City's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Colorado City, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Colorado City, Mitchell County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.99%
Estimate Property Tax Bill
$1,288
$1,195
How Does the Colorado City Property Tax Calculator Work?
Use this Colorado City property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Colorado City's median effective tax rate of 1.99% — based on actual property records in Mitchell 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 Colorado City'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 Colorado City: rates range from 1262.00 in 79512 to 1262.00 in 79512, 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 Colorado City.
About Colorado City Property Taxes
About Property Taxes in Colorado City, Mitchell, Texas
Colorado City's median effective property tax rate of 1.99% is higher than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Mitchell County base levy combined with local taxing jurisdictions that shape what homeowners pay across the city.
Property tax rates are not uniform across Colorado City. Homeowners in the 79512 ZIP code carry a median effective rate of 1.99%, while the same ZIP also reflects the city’s lowest median rate of 1.99%. That means there is no spread within the available ZIP-level data, but the rate still sits above both the state and national medians.
Colorado City 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 Colorado City, Mitchell 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 Colorado City'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 Colorado City Tax Rate
1.99%
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 Mitchell County Tax Rate
1.98%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Colorado City, Mitchell County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79512 | 1.42% | 1.52% | 1.99% | 2.38% | 2.54% |
Source: Ownwell
Property Tax Assessment Values Across Colorado City, Mitchell County, Texas
When examining property taxes in Colorado City, 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 Mitchell 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 Mitchell 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 Colorado City.
For example, the median home price in Colorado City is $64,730, with tax bills ranging significantly across the county. 79512 has the highest median home price at $64,730.
Property Tax Assessment Values Across Colorado City, Mitchell County, Texas
Source: Ownwell
$55,816
$60,273
$64,730
Median Colorado City Market Value
$64,730
Median Mitchell County Market Value
$63,433
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Colorado City, Mitchell County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79512 | $16,729 | $37,480 | $64,730 | $111,252 | $190,556 |
Source: Ownwell
Property Tax Bills Across Colorado City, Mitchell County, Texas
Property tax bills in Colorado City are calculated by applying local tax rates to a home’s assessed value, which is based on the property’s market value. For homeowners, that means the bill depends on both what the home is worth and the tax rates set by local taxing authorities. A higher assessed value or a higher tax rate can increase the bill, while a lower assessed value can reduce it.
The median home price in Colorado City is $64,730, and the median property tax bill is $1,262.00 in ZIP code 79512. That is below the national median property tax bill of $2,400 and well under the national median property tax rate of 1.02%. Bills can still vary widely: the 25th percentile is $710, while the 75th percentile is $2,140 and the 90th percentile reaches $3,677. For homeowners, this means property taxes can have a meaningful impact on annual housing costs, especially when assessed values rise.
Median Colorado City Tax Bill
$1,262
Median Mitchell County Tax Bill
$1,246
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Colorado City, Mitchell County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79512 | $309 | $710 | $1,262 | $2,140 | $3,677 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
Links | |
|---|---|
| Mitchell Appraisal District | |
| Website | esearch.mitchellcad.org |