Property tax in Texas
The effective rate is about 1.40% of the home's value a year (Tax Foundation, 2024). On a $400,000 home that is about $5,600 a year (our calculation). Rates vary a lot by county and town.
Property tax
1.40%
of home value a year
Tax on a $400,000 home
$5,600
A month
$467
Rank
45 of 51
1 = lowest
| State | Property tax | Rank |
|---|---|---|
| Iowa | 1.33% | 43 |
| Ohio | 1.36% | 44 |
| Texas | 1.40% | 45 |
| Nebraska | 1.44% | 46 |
| New Hampshire | 1.50% | 47 |
Common questions
What is the property tax rate in Texas?
The effective rate is about 1.40% of the home's value a year (Tax Foundation, 2024). On a $400,000 home that is about $5,600 a year (our calculation). Rates vary a lot by county and town.
Does Texas have high property taxes?
Texas ranks 45 of 51 (1 = lowest effective rate), based on Tax Foundation's 2024 figures.
See the full monthly cost of a home with the mortgage calculator.
More for Texas: monthly budget · take-home pay · rent.