Como, Wood County, Texas Property Taxes
Median COMO, TX effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median COMO, TX home value: $197,970
Median annual COMO, TX tax bill: $1,560, $840 lower than the national median property tax bill of $2,400.
How are property taxes in Wood County calculated?
Property taxes in COMO, TX 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 COMO's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in COMO, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Como, Wood County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.84%
Estimate Property Tax Bill
$1,663
$1,543
Property Tax Rates Across Como, Wood County, Texas
Local government entities in Texas set tax rates, which can vary widely across the state. This variation is due to each county's annual process of estimating its required budget for public services and dividing it by the total assessed value of all taxable property within its jurisdiction. This calculation determines the property tax rate for the area. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Como, located in Wood County, the effective property tax rate is 0.84%, which is lower than the national median of 1.02%. Compared to other Texas cities, Como's rate is consistent with the state’s trends, as Texas generally exhibits a diverse range of property tax rates. The median property tax bill in Como is also lower than the national median of $2400, making it a relatively affordable area for property owners. For residents and potential homeowners in Como, this lower tax rate can result in significant savings over time, contributing to the area’s appeal as a cost-effective place to live.
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 Como Tax Rate
0.84%
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 Wood County Tax Rate
1.12%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Como, Wood County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75431 | 0.33% | 0.53% | 0.84% | 1.20% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Como, Wood County, Texas
When examining property taxes in Como, TX, 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 Wood 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.
In Wood County, assessment notices are sent in the spring 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 Como. For example, the median home price in Como is $197,970, with tax bills ranging significantly across the county. Zip code 75431 has the highest median home price at $197,970.
Property Tax Assessment Values Across Como, Wood County, Texas
Source: Ownwell
$133,730
$272,820
$411,910
Median Como Market Value
$197,970
Median Wood County Market Value
$171,200
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Como, Wood County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75431 | $27,360 | $75,470 | $197,970 | $380,610 | $736,360 |
Source: Ownwell
Property Tax Bills Across Como, Wood County, Texas
Median Como Tax Bill
$1,560
Median Wood County Tax Bill
$1,795
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Como, Wood County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75431 | $148 | $738 | $1,560 | $2,346 | $3,844 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Wood Appraisal District | |
| Website | esearch.woodcad.net |