Business & Finance Taxes

How to Calculate Yearly Property Tax in Texas

    • 1). Visit the official website of the Texas Comptroller (see the Resource section) for contact information for the chief appraiser of the property's county. Write down the contact information for the chief appraiser.

    • 2). Contact the chief appraiser. Give the appraiser the property address. Ask the appraiser for the property's assessed value. Write the value down. Ask which taxes the property is subject to and the current rate for each type of tax. Ask if the property is subject to any special fixed assessments for services. Write all the answers down. Tax rates vary by area. For example, Dallas, an urban area, had a tax rate of 0.797 percent for city taxes in 2011, while Blue Mound, a rural area, had a city tax rate of 0.644737 percent. Texas state laws don't limit property taxes but require uniform tax rates by area.

    • 3). Multiply each tax rate by the property's assessed value. Add all the estimated taxes together. Add any special assessments; the result is the estimated annual Texas property taxes.

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