Dallas Area Property Taxes

If you are relocating to the Dallas area from another state, property tax rates may be higher than you are accustomed to paying as Texas’ property tax rates are about a third higher than the national average real estate taxes, however, Texas has no state or local income tax and no property tax on vehicles.

In Texas, property taxes are calculated by multiplying the assessed value of real property by the total combined levy by each taxing authority having jurisdiction where the real estate is located.  Rates are reviewed annually and assessed each calendar year starting January 1. Additional taxes could be present for properties situated within boundaries of special district rates (MUD / PUD, etc...)

During the purchase process, you should receive a tax certification from the title company based on the prior year's amounts to estimate what will be collected at closing. If you are purchasing within a special district, the Seller should disclose this information as well. Your lender can assist you with information regarding escrow options for your mortgage payment.

TAX RATES FOR THE COUNTIES THAT I SERVICE

Dallas County

Collin County

Denton County

Tarrant County