Tool
Texas Property Tax Calculator
In a state with no income tax, property tax is the bill that decides your monthly life. Here is what yours likely looks like — and what it becomes in a right-sized home.
Estimated annual property tax
$6,743
Estimated monthly
$562
Estimated exemption savings
$1,119
Educational estimate using typical effective rates and illustrative exemption values. Confirm current rates, exemptions, and school-tax ceilings with your county appraisal district and a Texas CPA before making a decision.
Questions
Texas Property Tax, Plainly
How do I calculate property taxes in Texas?
Multiply your home's taxable value by the combined local tax rate — county, city, school district, and special districts — then subtract any exemptions you qualify for. Effective rates in Central Texas generally run between 1.7% and 2.1% of value.
How much does the over-65 exemption save in Texas?
Homeowners 65 and older typically receive an additional homestead exemption plus a ceiling that freezes the school-tax portion of their bill on their primary residence. The combined effect is often several hundred to a few thousand dollars a year, depending on value and district.
Does downsizing lower my Texas property taxes?
Almost always, because the bill is a percentage of value. Moving from a $700,000 home to a $400,000 home at a 1.9% effective rate cuts roughly $5,700 a year — about $475 a month — before you count utilities, insurance, and upkeep.
Your next chapter
Turn A Tax Bill Into A Travel Budget
Schedule your Right Size Strategy Session and we'll map your equity, your timeline, and the life you want on the other side of it.