Texas is one of the few states with no income tax—which makes property taxes a major revenue source for schools, cities, and counties. As a result, property tax rates are among the highest in the country, averaging around 2.3% of a home’s value.

How Much Will You Pay in DFW?

In the Dallas-Fort Worth area, tax rates vary by city and county, but it’s not uncommon to see combined rates between 2.2% and 2.8%. That means a $400,000 home could generate an $8,800 to $11,200 tax bill annually. But don’t panic—there are ways to reduce that number.

1. Apply for a Homestead Exemption

This is the most important first step for Texas homeowners.

• Reduces your home’s taxable value by at least $40,000.
• Must be your primary residence.
• You only need to file once, unless you move.
• **Apply here:** https://comptroller.texas.gov/taxes/property-tax/exemptions/residence-application.php

2. Over 65 or Disabled? File for Additional Exemptions

Texas offers additional reductions for homeowners who are over age 65 or disabled.

• These exemptions vary by county but can dramatically reduce your bill.
• Some jurisdictions also freeze school taxes at age 65.
• **More info:** https://comptroller.texas.gov/taxes/property-tax/exemptions/

3. Protest Your Property Appraisal

If your home’s assessed value seems inflated, you have the right to file a protest.

• Deadlines are typically May 15th each year.
• You can protest online or in person.
• Bring comparable sales or condition photos to support your case.
• **Learn how:** https://comptroller.texas.gov/taxes/property-tax/protests/

4. Look for Local Exemptions

Some cities and school districts offer additional exemptions.

• Veterans may qualify for 100% exemptions if fully disabled.
• Surviving spouses may also receive special relief.
• Contact your county appraisal district for full details.

5. Choose Your Location Wisely

Not all DFW suburbs have the same tax rates.

• Frisco and Plano tend to have higher rates due to infrastructure and school funding.
• Areas like Rockwall, Forney, and parts of Denton County may offer slightly lower rates.
• Always ask your realtor for an estimate based on specific property tax districts.

Helpful State Resources

• Texas Comptroller Property Tax Portal: https://comptroller.texas.gov/taxes/property-tax/
• Property Tax Exemption Overview: https://comptroller.texas.gov/taxes/property-tax/exemptions/
• Homestead Application Form: https://comptroller.texas.gov/forms/50-114.pdf
• Appraisal Protest Guide: https://comptroller.texas.gov/forms/50-132.pdf

Final Word: Take Action, Save Money

Don’t assume your property tax bill is fixed—Texas gives you several tools to manage and reduce it. Whether you’re applying for exemptions or filing a protest, a proactive approach can lead to big savings year after year.

 

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