Crossword Genius

Texan city loses castle and value (5)

Ross

I believe the answer is:

worth

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'value' is the definition.
(I've seen this in another clue)

I don't understand the rest of the clue.

Can you help me to learn more?

(Other definitions for worth that I've seen before include "Merit - value" , "Value (of something)" , "Throw (anag.)" .)

I've seen this clue in The Daily Express.
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