HOPKINS COUNTY APPRAISAL DISTRICT
109 COLLEGE ST  *  P. O. BOX 753
SULPHUR SPRINGS, TEXAS  75482
(903) 885-2173
chief@hopkinscad.com

2024 Tax Rates for Motor Vehicle Dealer’s Special Inventory
“Unit Property Tax Factor” means a number equal to one-twelfth of the prior year aggregate tax rate at the location where a dealer’s motor vehicle inventory is located on January 1 of the current year. To compute, multiply the sales price by the unit property tax factor. Contact either the county tax assessor-collector or county appraisal district for the current unit property tax factor. The unit property tax factor is calculated by dividing the prior year’s aggregate tax rate by 12. If the aggregate tax rate is expressed in dollars per $100 of valuation, divide by $100 and then divide by 12. It represents one-twelfth of the preceding year’s aggregate tax rate at the location. For fleet, dealer and subsequent sales that are not included in the motor vehicle inventory, the unit property tax is $-0-. If no unit property tax is assigned, state the reason.

Hopkins County, Hospital District, City of Sulphur Springs, Sulphur Springs I.S.D. 
Tax Rate is $ .00175096 (EX: $20,000 sales price X .00175096 =$35.02)

Hopkins County, Hospital District, and Sulphur Springs I.S.D. (not in City Limits)
Tax Rate is $ .00138429

Hopkins County, Hospital District, City of Cumby and Cumby I.S.D.
Tax Rate is $.00192525

Hopkins County, Hospital District, and Cumby I.S.D. 
Tax Rate is $.00158938

Hopkins County, Hospital District, Saltillo I.S.D. 
Tax Rate is $.00111579