Plano Texas Real Estate Blog - Local Plano Real Estate.

Tax Rates for Dallas & Other Cities

There have been quite a few searches on our site lately for
property tax information so I thought I would go ahead and post
tax rates for 2006, and this will be a total percentage to go by for
your home purchase. 2007 rates will post in Oct.

When you are relocating to Texas, we do not have a state or city
income tax, you might be saying "WHOOO-HEW", but we make
up for that in property taxes for your fabulous new home that you
purchase here.  The tax deduction is good, but you still have
to come up with the money.

Most the taxes come from the school tax rate, our state government
is desperately trying to relieve the home owner of this burden, by
charging an extra tax on cigarettes, a $1 a pack, glad I don't smoke.
They possibly will also consider our sales tax going up from 8.25%.
I have to think about that one, it is already high...

 So here is the list...

1. Dallas - 2.61%
2. Plano  - 2.38%
3. Frisco - 2.36%
4. Highland Park - 2.14%
5. University Park - 2.26%
6. Southlake - 2.90%
7. Flower Mound - 2.32%
8. Carrollton - 2.87%
9. Addision - 2.52%
10. Colleyville - 2.57%

 
These rates vary from year to year, but these are accurate as of now.
You really need to evaluate the school systems here, there are very
many differences in the quality of education delivered, also you could
live in one city and have a different counties school system to attend.
Same goes for zip codes.

After you have lived in your home for one year you can file for
your homestead exemption and get an additional 7-10% per year.
Of course, there are other exemptions that apply if you qualify,
like over 65 and different kinds of disability, each county differs
on these exemptions. See links below for more cities.

see more city taxes in Dallas County

see more city taxes for Collin County

comments