Hereford, Castro County, Texas Property Taxes
Property Taxes in Hereford, Texas
Median Hereford, Texas effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Hereford, Texas home value: $52,930
Median annual Hereford, Texas tax bill: $415, lower than the national median property tax bill of $2,400.
How are property taxes in Castro calculated?
Property taxes in Hereford, 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 Hereford's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hereford, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Hereford, Castro County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.75%
Estimate Property Tax Bill
$397
$368
How Does the Hereford Property Tax Calculator Work?
Use this Hereford property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Hereford's median effective tax rate of 0.75% — based on actual property records in Castro 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 Hereford'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 Hereford: rates range from 0.75% in 79045 to 0.75% in 79045, 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 Hereford.
About Hereford Property Taxes
About Property Taxes in Hereford, Castro, Texas
Hereford’s median effective property tax rate of 0.75% is lower than the Texas state median of 1.48% and lower than the national median of 1.02%. This rate reflects the Castro 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 Hereford. Homeowners in ZIP code 79045 carry a median effective rate of 0.75%, while those in the same ZIP code also pay 0.75%. This reflects how school district boundaries and local assessment districts are drawn across Castro County. Understanding where you live in Hereford can make a meaningful difference to your annual tax bill.
Hereford 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 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 Hereford, Castro 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 Hereford'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 Hereford Tax Rate
0.75%
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 Castro County Tax Rate
1.17%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hereford, Castro County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79045 | 0.43% | 0.71% | 0.75% | 1.18% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across Hereford, Castro County, Texas
When examining property taxes in Hereford, 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 Castro 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 Castro 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. For Hereford, the median home price is $52,930, and the median tax bill is $415, well below the national median property tax bill of $2,400. The 25th percentile tax bill is $224, while the 75th percentile is $816.
Property Tax Assessment Values Across Hereford, Castro County, Texas
Source: Ownwell
$46,280
$85,763
$125,245
Median Hereford Market Value
$52,930
Median Castro County Market Value
$61,610
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hereford, Castro County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79045 | $10,680 | $26,695 | $52,930 | $90,360 | $204,305 |
Source: Ownwell
Property Tax Bills Across Hereford, Castro County, Texas
Property tax bills in Hereford are based on the assessed value of a home, which is then multiplied by the local tax rate set by taxing authorities in Castro County and other local jurisdictions. That means the tax bill depends on both the market value of the property and the tax rates applied to it.
For homeowners, this can create a wide range of annual bills. The 25th percentile tax bill is $224, while the 75th percentile tax bill is $816 and the 90th percentile tax bill is $1,289. With a median home price of $52,930, even modest changes in assessed value can affect what a homeowner owes.
A property tax bill is not fixed forever. If a home is assessed higher than its market value or if local rates change, the bill can rise. For many homeowners, that makes understanding how property taxes are calculated important for budgeting and long-term housing costs.
Median Hereford Tax Bill
$415
Median Castro County Tax Bill
$761
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Hereford, Castro County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79045 | $145 | $224 | $415 | $816 | $1,289 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
Links | |
|---|---|
| Castro Appraisal District | |
| Website | esearch.castrocad.org |