2011 Property Tax Rates for the DFW Dallas Fort Worth Metroplex Area
Many buyers ask me about tax rates for different cities and counties. Now at my teamlynn.com website you can find a link to many of the city and county tax rates for the DFW Metroplex area. Just click on DFW Property Tax Rates to download this .pdf courtesy of Republic Title.
My advice is don't always focus on the cities with the lowest tax rates. That may not be the best pick for appreciation, quality of schools, quality of services, etc. You should factor into your home buying decision much more than tax rates.
One thing to consider is transfer fees and HOA fees. Some master planned communities now have transfer fees when you sell a home. I've never seen a list of HOA fees that different communities charge, but if you come across one for the North Texas area please drop me an email.
While some people from other states think our property tax rates are high, remember our home values may be lower and we are one of two states with no state income tax. Checkout the artcle in Tierre Grande -"High Tax Anxiety" We raise our taxes through property taxes here in Texas. The lowest property tax rates in the DFW area are approximately 2% of the appraised value of your home, while the highest are approximately 3%. There are exemptions discounts in some areas if you use the home as your personal residence and is your homestead, if you are over 65, or a disable veteran.
As always if you are thinking of moving to the DFW Dallas Fort Worth Metroplex are, please give me a call and feel free to search the North Texas MLS by clicking one the the links.
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