BiggerPockets

Yes, TX may have a higher property tax rate than CA. TX also has oil industry revenues in lieu of a personal income tax to fund government operations.

However, when you compare the actual property tax paid on the median priced property in CA to the tax paid on the median priced property in TX, I bet the TX property tax will be significantly lower than the amount paid in CA.

In my experience, the tax rate is about 2.5% of appraised value (may or may not be true market value). HOWEVER, a couple of years ago, the state revised what's called the Texas Franchise Tax rules. What was previously a modified income tax on corporation only, was expanded to include all forms of entities, partnerships, LLC's. Now you(any entity other than an individual) basically pay a small percentage of your net income. When they passed this change, tax rates for the school districts went down slightly to help offset this new tax burden. Unfortunately, the appraisal districts figured out fairly quickly that they could raise the appraised value and virtually double up on the tax revenues. All that being said, when I am doing a quick calculation of property taxes, I use 3% (for large cities) as a conservative ballpark guess.