Property taxes in Texas can be a significant part of homeownership, and understanding how they work is crucial. Unlike some states, Texas doesn't have a state income tax, which means local governments rely heavily on property taxes to fund essential services. Here's a breakdown to help you navigate the system:

How Property Taxes Work in Texas

  • Appraised Value: Each county's appraisal district determines the value of your property. This valuation is a key factor in calculating your property taxes.

  • Taxing Entities: Your property is taxed by various local entities, which may include the city, county, school district, and special districts. Each sets its own tax rate.

  • Calculation: Property taxes are calculated by multiplying the…

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