Nemo, Somervell County, Texas Property Taxes
Property Taxes in Nemo, Texas
Median NEMO, Texas effective property tax rate: 1.17%, significantly higher than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median NEMO, Texas home value: $450,270
Median annual NEMO, Texas tax bill: $5,054, $2,654 higher than the national median property tax bill of $2,400.
How are property taxes in Somervell calculated?
Property taxes in NEMO, 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 NEMO's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in NEMO, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Nemo, Somervell County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.17%
Estimate Property Tax Bill
$5,268
$4,889
How Does the Nemo Property Tax Calculator Work?
Use this Nemo property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Nemo's median effective tax rate of 1.17% — based on actual property records in Somervell 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 Nemo'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 Nemo: rates range from 1.17% in 76070 to 1.17% in 76070, 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 Nemo.
About Nemo Property Taxes
About Property Taxes in NEMO, Somervell, Texas
NEMO’s median effective property tax rate of 1.17% is lower than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Somervell County base levy combined with local school district levies and Municipal Utility Districts (MUDs) that vary by subdivision throughout the city.
Property tax rates are not uniform across NEMO. Homeowners in ZIP code 76070 carry a median effective rate of 1.17%, while those in 76070 pay 1.17%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Somervell County. Understanding which part of NEMO you live in can make a meaningful difference to your annual tax bill.
NEMO 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 Nemo, Somervell 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 NEMO'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 Nemo Tax Rate
1.17%
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 Somervell County Tax Rate
1.26%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Nemo, Somervell County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76070 | 0.50% | 0.87% | 1.17% | 1.38% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Nemo, Somervell County, Texas
When examining property taxes in NEMO, 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 Somervell 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 Somervell County, assessment notices are sent in April 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 NEMO.
For example, the median home price in NEMO is $450,270, with tax bills ranging significantly across the county. 76070 has the highest median home price at $450,270.
Property Tax Assessment Values Across Nemo, Somervell County, Texas
Source: Ownwell
$198,380
$514,495
$830,610
Median Nemo Market Value
$450,270
Median Somervell County Market Value
$318,540
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Nemo, Somervell County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76070 | $138,010 | $252,082 | $450,270 | $641,002 | $912,410 |
Source: Ownwell
Property Tax Bills Across Nemo, Somervell County, Texas
Property tax bills in Nemo are based on the assessed value of a home and the local tax rate set by taxing authorities. The bill is calculated by applying that rate to the property’s market value after any exemptions or adjustments are considered. For homeowners, this means a higher assessed value can lead to a higher tax bill, while exemptions may reduce what is owed.
In Nemo, the median home price is $450,270, and the median property tax bill is $5,054. That figure is well above the national median property tax bill of $2,400 and reflects how local assessments and rates can significantly affect annual costs. Tax bills can vary widely, with the 25th percentile at $2,635 and the 75th percentile at $6,636, while the 90th percentile reaches $9,147. For homeowners, these differences can have a meaningful impact on monthly budgets and long-term housing affordability.
Median Nemo Tax Bill
$5,054
Median Somervell County Tax Bill
$3,697
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Nemo, Somervell County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76070 | $1,246 | $2,635 | $5,054 | $6,636 | $9,147 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 20 |
Links | |
|---|---|
| Somervell Appraisal District | |
| Website | somervellcad.southwestdatasolutions.com |