If you are relocating to Fort Worth-Dallas from another state, your real estate property taxes may be higher here than where you lived previously. The offset is that in Texas you will not be paying any state or local personal income taxes. Depending on your level of income and the value of your home, your total annual tax bill may be less than it was before.

Property taxes are calculated by multiplying the assessed value of the property by the total combined rate levied by the taxing authorities that have jurisdiction where the real estate is located. Texas state law defines the assessed value of real property as the market value of a property on January 1, the first day of the tax year. Property taxes typically are paid in a single annual payment that is due on or before December 31, the final day of the tax year.  Of course, rather than pay an annual tax bill directly, many homeowners choose to escrow funds each month to cover homeowners insurance and property taxes.

Property tax rates for 2009 and the taxing jurisdictions for residential properties located within Fort Worth-Dallas area cities and towns are provided below.

Helpful Tax Links

• Tarrant County Tax Assessor
• Tarrant County Appraisal District
• Historical Tax Rates