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Fate, Rockwall County, Texas Property Taxes

  • Median Fate, TX effective property tax rate: 1.56%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.

  • Median Fate, TX home value: $382,350

  • Median annual Fate, TX tax bill: $6,225, $3,825 higher than the national median property tax bill of $2,400.

How are property taxes in Rockwall County calculated?

Property taxes in Fate, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Fate’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fate, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Fate, Rockwall County, Texas Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.56%

Estimate Property Tax Bill

$5,965

$5,535

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Fate Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fate with just two data points. By entering your property's estimated assessed value, our calculator applies Fate’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Rockwall County — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Rockwall County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fate, Rockwall County, Texas

Local government entities determine property tax rates, which can significantly differ across a state. This variation arises because each county annually estimates its budgetary needs for public services and then divides this by the total assessed value of all taxable properties within its boundaries. This calculation forms the property tax rate. While the process involves votes and legislative measures, this is the fundamental annual procedure.

In Fate, located in Rockwall County, the effective property tax rate can be compared to other cities across Texas. The median property tax rate in Texas stands at 1.56%, which is above the national median of 1.02%. Within Rockwall County, the highest median property tax rate is 2.50% in the 75132 zip code, while the lowest is 1.47% in the 75032 zip code. This comparison highlights the diversity in tax rates within the region and underscores the importance of understanding local property tax dynamics to make informed financial decisions.

Property Tax Rates Across Fate, Rockwall County, Texas

Source: Ownwell

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1.11%

1.81%

2.50%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Fate Tax Rate

1.56%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Rockwall County Tax Rate

1.49%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fate, Rockwall County, Texas

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
750321.43%1.45%1.47%1.52%1.56%
750871.42%1.47%1.59%1.75%1.99%
751321.41%1.80%2.50%2.50%2.50%
75187N/AN/AN/AN/AN/A
751891.31%1.39%1.56%2.01%2.50%

Source: Ownwell

Property Tax Assessment Values Across Fate, Rockwall County, Texas

When examining property taxes in Fate, Texas, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Rockwall County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. In Rockwall County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Fate. For example, the median home price in Fate is $382,350, with tax bills ranging significantly across the county. Zip code 75087 has the highest median home price at $395,658.

Property Tax Assessment Values Across Fate, Rockwall County, Texas

Source: Ownwell

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$329,186

$607,421

$885,655

Median Fate Market Value

$382,350

Median Rockwall County Market Value

$416,497

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fate, Rockwall County, Texas

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
75032$333,600$352,712$373,566$405,085$431,976
75087$305,024$335,828$395,658$460,148$512,251
75132$261,453$321,204$340,240$360,674$382,390
75187N/AN/AN/AN/AN/A
75189$307,001$347,454$377,942$406,416$440,566

Source: Ownwell

Property Tax Bills Across Fate, Rockwall County, Texas

In Fate, located in Rockwall County, TX, property tax bills are determined based on the assessed value of a home. The county assesses properties to calculate the tax bill, applying a rate that reflects local government budgets and services. With a median home price of $382,350, the property tax rates can result in significant financial obligations for homeowners. For instance, tax bills in the 25th percentile are around $5,457, while those in the 75th percentile reach approximately $7,214. This can impact homeowners, especially when compared to the national median property tax bill of $2,400. The highest median tax bill in the area is $8,120 in the 75132 zip code, highlighting the potential for high costs. Ownwell offers a solution by providing property tax appeal services, potentially reducing these financial burdens. Our experts analyze your property’s assessment and market conditions to identify discrepancies, aiming to lower your tax bill and ensure you’re not overpaying. This service can lead to substantial savings for homeowners in Fate.

Property Tax Bills Across Fate, Rockwall County, Texas

Source: Ownwell

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$3,956

$8,272

$12,588

Median Fate Tax Bill

$6,225

Median Rockwall County Tax Bill

$6,357

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Fate, Rockwall County, Texas

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
75032$4,888$5,193$5,485$6,131$6,368
75087$4,667$5,561$6,394$7,300$8,505
75132$3,681$6,459$8,120$8,769$9,063
75187N/AN/AN/AN/AN/A
75189$4,684$5,389$6,088$7,102$8,275

Source: Ownwell

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