ROI Math

Property tax estimate

Texas Property Tax Calculator

Estimate annual and monthly property taxes in Texasusing the state's 2024 average effective rate of 1.40% for owner-occupied housing. Enter a home value below to see an instant baseline estimate — free and with no sign-up.

Data updated 2026-06-14 · 2020–2024 ACS 5-year estimates

Texas Property Tax Calculator
2024 owner-occupied benchmark: 1.40%.
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Texas has no state income tax, but property tax rates rank among the highest in the country and fund most local services.
Annual estimate
$7,000
Monthly estimate
$583

How to calculate property taxes in Texas

To estimate property taxes in Texas, multiply the home value by the local property tax rate. This page applies the state average effective owner-occupied rate of 1.40%, so a home valued at $500,000 produces a baseline annual estimate of $7,000.

Texas has no state income tax, but property tax rates rank among the highest in the country and fund most local services.

Actual tax bills can include county, city, school district, property classification, exemption, and assessment rules, so investors should verify the final number with the local assessor before closing.

Comparing returns across markets? Use the cap rate calculator and cash-on-cash return calculator, which let you include property taxes as an operating expense.

Texas property tax FAQ

What is the average property tax rate in Texas?

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The 2024 ACS average effective property tax rate for owner-occupied housing in Texas is about 1.40%, which is above the U.S. benchmark of roughly 0.94%. Your local rate may differ by county, city, property classification, and exemptions.

How much is property tax on a $400,000 home in Texas?

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Using Texas's 2024 owner-occupied benchmark of 1.40%, a $400,000 home produces a baseline estimate of $5,600 per year, or roughly $467 per month. Actual bills vary with local rates, property classification, and exemptions.

How do I calculate property tax in Texas?

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Multiply your home's value by the applicable local effective property tax rate. This calculator applies Texas's 2024 owner-occupied benchmark of 1.40%, but you should confirm the exact county, city, school district, property classification, and exemptions with your local assessor.

Property tax calculators for other states

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This estimate uses Texas's average effective property tax rate for owner-occupied housing and is for educational purposes only — not tax advice. Rental and commercial property may be taxed differently. Confirm your exact rate, classification, and exemptions with your local assessor.