Texas property tax & insurance
In Texas, effective property tax averages 1.68% and homeowners insurance runs about 0.95% of home value annually.
Averages based on statewide effective rates. Estimates only based on national averages. Always confirm with a licensed lender.
Monthly breakdown
Why lenders collect this
Most mortgage lenders bundle taxes and insurance into your payment through an “escrow account” and pay the bills for you when they come due.
Your escrow at a glance
The averages for Texas: 1.68% effective property tax and 0.95% homeowners insurance. On a $350,000 home that's about $767/month in combined escrow.
Actual bills vary widely by county, flood/wildfire zone, and coverage level. Use this for planning, then confirm with your county assessor and insurance carrier.
How to lower your Texas property tax
- • Review your assessment notice and compare to recent nearby sales.
- • File a formal appeal if assessed value exceeds market by 5%+.
- • Claim homestead, senior, veteran, and disability exemptions.
- • Ask the assessor for the comparable sales they used.
Frequently asked questions
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