Texas Property Tax Calculator
Our Texas property tax calculator calculates the taxes you’ll pay after buying a property in the State of Texas. Make better property purchase decisions.
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County tax$ 7,000
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County tax rate1.40%
Texas Property Tax
In the United States, Texas ranks seventh for its property taxes, with an average effective property tax rate of 1.60% in the Lone Star State.
This is notably higher than the national average of 0.99%. On average, a typical Texan homeowner incurs an annual property tax bill of $3,797.
Property taxes serve as the primary revenue source for local governments in Texas, playing a vital role in funding essential local services such as schools, water systems, and law enforcement.
Also, the state boasts a vast array of approximately 4,000 local entities authorized to collect property taxes, encompassing cities, counties, and school districts.
However, various exemptions exist to reduce property taxes in Texas.
For example, the homestead exemption shields a minimum of $25,000 in property value from taxation.
Additionally, individuals aged 65 or older or those with disabilities can claim an extra exemption of $10,000.
Texas residents use our Texas property tax calculator to estimate their obligations before making a property purchase decision.
Texas Property Tax Law
In Texas, residential properties undergo an annual appraisal conducted by county appraisal districts.
These appraisal districts have the responsibility of assessing the current market value of all properties within the county, which serves as the basis for calculating tax payments.
Failure to pay property taxes in Texas can result in a series of repercussions. Texas levies penalties and interest on unpaid property taxes, significantly increasing the total amount owed over time.
Also, your property may be subject to a tax lien, potentially leading to additional expenses and legal complexities.
In more severe cases, your property could face foreclosure, possibly resulting in its sale at a tax auction to recover the unpaid taxes, which could ultimately lead to the loss of your property.
Use our Texas property tax calculator to estimate your obligations before you make the purchase decision to avoid such consequences for not paying taxes.
Frequently Asked Questions
