Use this free Texas property tax calculator to estimate your yearly and monthly property tax, including the new $140,000 school homestead exemption.
Texas · 2026 exemptionsTexas Property Tax Calculator
Estimate only. Your actual bill depends on your appraisal district’s value, every taxing unit’s rate and any tax ceiling (freeze).
Our free Texas property tax calculator estimates how much property tax you will pay on your home. First, enter your home’s appraised value. Then tick the exemptions you qualify for and add your local tax rates. As a result, you see your yearly tax, your monthly escrow amount and how much your exemptions save you.
How the Texas Property Tax Calculator Works
Texas has no state income tax, so local governments rely heavily on property tax. Each school district, county, city and special district sets its own rate, and your bill is the total of all of them.
First, take the appraised value from your appraisal district.
Then remove your homestead and any other exemptions.
Finally, multiply each taxable value by its rate per $100.
The formula
Tax = (Appraised value − Exemptions) × Rate ÷ 100
Texas Homestead Exemptions in 2026
In November 2025, Texas voters approved bigger exemptions, which apply from the 2025 tax year onwards. According to the Texas Comptroller, these exemptions lower the value that school districts can tax.
- General homestead: $140,000 off your school taxable value, up from $100,000.
- Over 65 or disabled: in addition, an extra $60,000, up from $10,000, so the total school exemption is $200,000.
- Local option: similarly, counties, cities and other districts may exempt up to 20% of a homestead’s value.
- Tax ceiling: finally, seniors and disabled homeowners get a freeze on their school taxes, which this calculator does not include.
Texas Property Tax Calculator Examples
For example, here are three owners of a $350,000 home. In each case, the school rate is 0.95 and all other rates add up to 1.10.
They live in the home, so the $140,000 school exemption applies.
- First: school tax $1,995
- Then: other taxes $3,850
- Finally: per month $487
Because she is over 65, her school exemption is $200,000.
- First: school tax $1,425
- Then: other taxes $3,850
- Finally: per month $440
In contrast, a rental is not a homestead, so the full value is taxed.
- First: school tax $3,325
- Then: other taxes $3,850
- Finally: per month $598
Texas Property Tax by Home Value
This table shows estimated yearly tax at the same example rates. In other words, it compares a home with no exemption, a homestead, and a senior homestead.
| Home value | No exemption | Homestead | Over 65 |
|---|---|---|---|
| $200,000 | $4,100 | $2,770 | $2,200 |
| $300,000 | $6,150 | $4,820 | $4,250 |
| $400,000 | $8,200 | $6,870 | $6,300 |
| $500,000 | $10,250 | $8,920 | $8,350 |
| $750,000 | $15,375 | $14,045 | $13,475 |
Example rates only. Your county, city and school district set their own rates.
The 10% Homestead Cap
Once your home has a homestead exemption, its appraised value for tax purposes cannot rise by more than 10% a year, plus the value of any new improvements. Therefore, even if the market value jumps, your taxable value grows more slowly. As a result, the appraised value on your notice may be lower than what your home would sell for.
How to Lower Your Property Tax
- Apply for every exemption: for example, file your homestead application with your appraisal district as soon as you move in.
- Protest your appraisal: if the value looks too high, file a protest, usually by May 15.
- Check for errors: similarly, make sure the square footage and features on record are correct.
- Use the senior freeze: finally, if you turn 65, apply right away to lock in your school tax ceiling.
How to Use the Texas Property Tax Calculator
- First, enter the appraised value from your appraisal notice.
- Next, tick the homestead box if it is your main home, and the senior box if you qualify.
- Then enter your school district rate and the total of all other rates from your tax bill.
- After that, add any local homestead percentage exemption.
- Finally, press Calculate Property Tax to see your yearly and monthly tax.
More Home Calculators
These tools also help you plan home costs. Alternatively, browse all our financial calculators.
Texas Property Tax Calculator FAQs
How do I calculate property tax in Texas?
First, subtract your exemptions from your appraised value to get the taxable value. Then multiply it by each tax rate and divide by 100, because Texas rates are per $100 of value. Finally, add the amounts from every taxing unit together.
What is the homestead exemption in Texas for 2026?
Homeowners get a $140,000 exemption from school district taxes on their main home. In addition, homeowners who are 65 or older, or disabled, get an extra $60,000, so their total school exemption is $200,000.
What does a tax rate per $100 mean?
It is the tax charged for every $100 of taxable value. For example, a rate of 0.95 means $0.95 for every $100, so a $200,000 taxable value would owe $1,900.
Do seniors still pay school taxes in Texas?
Yes, but usually much less. Besides the larger exemption, seniors get a tax ceiling, so their school taxes on the home generally cannot go up while they live there, unless they make major improvements.
When are Texas property taxes due?
Tax bills are usually sent in October and are due by January 31 of the following year. After that date, penalties and interest are added, so pay on time or set up an escrow account.
Can I appeal my appraised value?
Yes. If you think your appraisal is too high, you can file a protest with your county appraisal district, usually by May 15 or 30 days after your notice is mailed. As a result, a lower value means a lower tax bill.
Disclaimer: This calculator gives an estimate for general information only and is not tax advice. Rates and exemptions vary by taxing unit. Moreover, your actual bill depends on your appraisal district’s records, so check your official tax statement.