79009 Property Tax Rate

Property owners in ZIP code 79009 (Bovina, Texas) pay a median of $946/year in property taxes on homes valued at $113,500. This translates to an effective tax rate of 0.83%, which is 38% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 79009 is approximately $79, which factors into escrow payments on mortgages. This ZIP code is located within Parmer County. This is $2,185 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 79009 has lower property taxes. ZIP codes with similar effective rates include 78164 (0.83%) and 75855 (0.84%).

In Bovina, property taxes represent approximately 2.1% of the median household income of $44,183, providing context for the relative tax burden on homeowners in this area.

Texas limits homestead appraised value increases to 10% per year, ensuring predictable tax growth for primary residences even in hot markets. Parmer County offers homestead exemptions reducing your assessed value — file with the Parmer County Appraisal District by April 30 of the year following your purchase to qualify. Submit your homestead exemption application immediately after closing and check with the Parmer County Appraisal District to confirm your exemption is recorded before your first tax bill.