Estimate your Texas property tax based on the state's 1.47% average effective rate. Enter your home value for an instant, free calculation.
Enter any tax exemption amount you qualify for in Texas
Texas has a high effective property tax rate of 1.47%, ranking 8th nationally. With no state income tax, Texas relies heavily on property taxes — particularly for school funding — creating a significant burden for homeowners despite political rhetoric about low taxes.
Texas assesses property at 100% of market value, with appraisal districts in each county doing annual reassessments. Property values have risen dramatically in recent years, pushing bills higher even as rates have been modestly cut.
| Home Value | Estimated Annual Tax | Monthly (Escrow) |
|---|---|---|
| $250,000 | $3,675 | $306/mo |
| $282,000 (median) | $4,145 | $345/mo |
| $600,000 | $8,820 | $735/mo |
Texas offers a $100,000 homestead exemption from school district taxes plus an additional 20% of market value exemption. Homeowners 65+ or disabled receive an additional $10,000 school exemption and a tax freeze on school taxes. Veterans with 100% disability pay no property taxes.
Texas property taxes are due January 31. A 6% penalty plus interest applies for late payment, escalating monthly.
Travis County (Austin), Dallas County, and Collin County (Dallas suburbs) have the highest bills. The school district appraisal and funding system is at the center of ongoing legislative battles over property tax relief.