Lipscomb County, TX Property Tax: $1,750/yr (2026)
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The effective property tax rate in Lipscomb County is 1.36% of assessed home value. On a home at the county median value of $128,400, that works out to about $1,746 per year, or $146 per month. Lipscomb County is located in northern Texas, and is home to approximately 2,964 residents.
About Lipscomb County
Lipscomb County covers approximately 932.2 square miles in Texas. The county is home to about 2,964 residents living in roughly 1,505 housing units, of which 58.7% are owner-occupied. The median household income is $71,442, and the median home was built in 1973.
Lipscomb County borders Beaver County, Ellis County, Hemphill County, Ochiltree County, Roberts County — useful comparisons if you're considering nearby areas with potentially different tax rates.
How Property Taxes Work in Texas
Property taxes in Texas are administered at the county level. Each county sets a millage rate applied to the assessed value of real property — the effective rate above accounts for any partial assessments and exemptions already built into the local tax base. Assessed value can differ meaningfully from current market value depending on how often the county reassesses and what fraction of market value it uses.
Most counties in Texas offer exemptions that reduce the taxable assessed value: homestead exemptions for primary residences, senior exemptions, disability exemptions, and veteran exemptions are common. These reduce your effective rate below the county-wide average shown here. Contact the Lipscomb County Assessor's office to learn which exemptions apply to your property and when to file.
Lipscomb County vs. Neighboring Counties
| Location | Eff. Rate | Median Home | Annual Tax |
|---|---|---|---|
| Lipscomb County, TX | 1.36% | $128,400 | $1,746 |
| Texas state average | 1.28% | — | $1,644* |
| Beaver County | 0.76% | $117,900 | $897 |
| Ellis County | 0.75% | $122,500 | $916 |
| Hemphill County | 1.16% | $214,900 | $2,502 |
| Ochiltree County | 1.40% | $137,200 | $1,924 |
| Roberts County | 1.00% | $176,800 | $1,776 |
| US national average | 1.10% | $281,900 | $3,101 |
*State average annual tax computed at Lipscomb County's median home value of $128,400. Source: US Census ACS 2023 5-year estimates.
Frequently Asked Questions
How does Lipscomb County's property tax rate compare to the rest of Texas?
At 1.36%, Lipscomb County is higher than the Texas state average of 1.28%. On a home at the county median of $128,400, that means about $1,746 per year — versus $1,644 at the state average rate, a difference of $102 per year. Compared to the national average of 1.10%, Lipscomb County is above average.
What's a typical annual property tax bill in Lipscomb County?
For a home at the county median value of $128,400, the annual property tax in Lipscomb County is approximately $1,746 — or about $146 per month. For a home worth $192,600, expect around $2,619 per year. For a $256,800 home, approximately $3,492 per year. Use the calculator above to estimate taxes for any assessed value.
Where do I appeal a Lipscomb County property tax assessment?
Property assessment appeals in Lipscomb County are handled by the Lipscomb County Assessor's office. Most jurisdictions require filing within 30–90 days of receiving your assessment notice — confirm the specific deadline with the assessor's office before submitting, as deadlines and procedures vary by county. A successful appeal can reduce your assessed value and lower your tax bill for the current and future tax years.
What exemptions are available in Lipscomb County?
Texas counties commonly offer homestead exemptions for owner-occupied primary residences, senior citizen exemptions for qualifying homeowners aged 65 and older, exemptions for disabled residents, and veterans' exemptions. Each exemption reduces your assessed taxable value, which in turn reduces your effective tax rate below the county-wide 1.36% shown here. Contact the Lipscomb County Assessor's office to confirm which exemptions are available and the application deadlines.
Data sources: US Census Bureau ACS 2023 5-Year Estimates, US Census Gazetteer (2024), County Adjacency File