Irving, Dallas County, Texas Property Taxes

Local government entities are responsible for setting property tax rates, and these rates can vary significantly within a state. This variation is primarily because each county, such as Dallas County, estimates its required budget to provide public services and divides this by the total value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. Although there are votes and laws that play a role in establishing these rates and budgets, this is essentially the annual process undertaken by local governments.

In Irving, located in Dallas County, the effective property tax rate is a reflection of this process. When compared to other cities in Texas, Irving's rate shows how local governance and property values influence the tax burden. The median property tax rate in Texas is often compared to the national median of 1.02%, highlighting regional differences. Understanding these rates helps property owners anticipate their tax obligations and explore potential savings through appeals or exemptions.

In Irving, located in Dallas County, TX, property tax bills are determined by assessing the property's market value and applying the local tax rate. Homeowners in Irving face a median property tax bill significantly higher than the national median of $2,400, with the 25th percentile tax bill at $3,089, and the 75th percentile reaching $8,117. The highest median tax bill in the area is $10,081 in the 75039 zip code, while the lowest is $3,567 in the 75060 zip code. These figures highlight the wide range of tax burdens homeowners may encounter, influenced by factors such as property location and assessed value.

For homeowners, these tax bills can represent a substantial financial responsibility. Ownwell assists by offering property tax appeal services, potentially reducing the assessed value and, consequently, the tax bill. By leveraging expert knowledge and local market insights, Ownwell helps homeowners navigate the complexities of property tax assessments, aiming to secure savings and alleviate the financial impact of high property taxes.