2026 effective rate · 1.60% · well above the US average (0.99%)
Texas Property Tax Calculator
Estimate annual and monthly property tax in Texas. The state's effective property tax rate is 1.60% (among the highest in the US, vs the US average of about 0.99%). On a $268,200 median-value home, that works out to about $4,300 per year or $358 per month.
Texas median home property tax
$4,291 per year
$358 per month at the median home value of $268,200
Effective rate 1.60% times $268,200 = $4,291
Texas property tax at common home values
| Home value | Annual property tax | Monthly | % of value |
|---|---|---|---|
| $150,000 | $2,400 | $200 | 1.60% |
| $250,000 | $4,000 | $333 | 1.60% |
| $268,200 (median) | $4,291 | $358 | 1.60% |
| $350,000 | $5,600 | $467 | 1.60% |
| $500,000 | $8,000 | $667 | 1.60% |
| $750,000 | $12,000 | $1,000 | 1.60% |
Uses Texas's 2026 effective rate (1.60%). Actual taxes vary by county and exemptions. For full PITI mortgage estimate including taxes + insurance, use the Texas mortgage calculator.
Texas property tax overview
Texas has the 7th-highest property tax rate (1.60%) but no state income tax. Homestead exemption of $100,000 (effective 2023) on school district taxes. Property tax appraisal cap of 10% annual increase for homesteaded properties.
Texas's effective rate of 1.60% ranks among the highest in the US nationally. Median annual property tax: $4,300. Median home value: $268,200.
Texas vs neighboring states
FAQs about Texas property tax
What is the property tax rate in Texas?
Texas's effective property tax rate is 1.60% (among the highest in the US, vs national average of ~0.99%). On a $268,200 median-value home, that's about $4,300 per year, or roughly $358 per month added to your housing cost.
How is property tax calculated in Texas?
Property tax = assessed value times the local mill rate (millage). The effective rate (1.60%) is what you actually pay as a percentage of market value, accounting for assessment ratios, exemptions, and millage. For a home valued at X, multiply X by 1.60% for an annual estimate.
When are property taxes due in Texas?
Property tax due dates vary by county within Texas. Most counties bill annually with either a single payment or two installments. Common payment deadlines fall in late summer (1st half) and late winter (2nd half). Check with your county tax assessor for exact dates and any escrow arrangements through your mortgage lender.
Does Texas have a homestead exemption?
Texas has the 7th-highest property tax rate (1.60%) but no state income tax. Homestead exemption of $100,000 (effective 2023) on school district taxes. Property tax appraisal cap of 10% annual increase for homesteaded properties.
How does Texas property tax compare to neighboring states?
Texas's 1.60% rate compares to: Oklahoma (0.85%), Arkansas (0.57%), Louisiana (0.55%). Property tax burden can vary significantly between neighboring states — moving 30 miles across a state line can change your annual tax bill by thousands.
Can I appeal my property tax assessment in Texas?
Yes. Every US state including Texas provides a formal property tax appeal process. Steps: (1) request your property's assessment record from the county assessor, (2) gather comparable sales from your neighborhood, (3) file a formal appeal within the deadline (usually 30-60 days after assessment notice). Successful appeals typically save 5-15% on annual tax bills.
How can I lower my Texas property taxes?
Common strategies: apply for homestead exemption (primary residence), senior or disabled exemptions if eligible, veteran's exemptions, and appeal over-assessment. Track your county's assessment notices carefully and verify the appraisal matches recent comparable home sales. Avoid major visible upgrades right before reassessment dates.