Home
/US Property Taxes
/Texas
/Tarrant County
/Colleyville

Colleyville, Tarrant County, Texas Property Taxes

  • Median COLLEYVILLE, TX effective property tax rate: 1.39%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.

  • Median COLLEYVILLE, TX home value: $787,419

  • Median annual COLLEYVILLE, TX tax bill: $10,800, $8,400 higher than the national median property tax bill of $2,400.

How are property taxes in Tarrant calculated?

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

Last Updated March 1, 2025

Colleyville, Tarrant County, Texas Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.39%

Estimate Property Tax Bill

$10,945

$10,157

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Colleyville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Colleyville with just two data points. By entering your property's estimated assessed value, our calculator applies Colleyville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your 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 Tarrant County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Colleyville, Tarrant County, Texas

Local government entities in Colleyville, located in Tarrant County, TX, set property tax rates, and these rates can vary significantly across different regions. Each year, counties determine their necessary budget to maintain services and then divide this by the total assessed value of all taxable properties within their area. This process results in the property tax rate. While there are votes and regulations that influence these rates and budgets, this is essentially the annual procedure.

Colleyville's effective property tax rate can be compared to other cities in Texas, as well as the median property tax rates in the state and across the U.S. Colleyville boasts a median tax rate of 1.39%, which is considerably higher than the national median property tax rate of 1.02%. This means that property owners in Colleyville may find themselves paying more than the national median property tax bill of $2,400. Understanding these differences can be crucial for property owners looking to manage their expenses effectively.

Property Tax Rates Across Colleyville, Tarrant County, Texas

Source: Ownwell

Loading...

1.20%

1.67%

2.14%

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 Colleyville Tax Rate

1.39%

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 Tarrant County Tax Rate

1.70%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Colleyville, Tarrant County, Texas

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
760340.90%1.18%1.39%1.56%1.74%

Source: Ownwell

Property Tax Assessment Values Across Colleyville, Tarrant County, Texas

When examining property taxes in Colleyville, TX, 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 Tarrant 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 Tarrant County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Colleyville.

For example, the median home price in Colleyville is $787,419, with tax bills ranging significantly across the county. Zip code 76034 has the highest median home price at $787,419.

Property Tax Assessment Values Across Colleyville, Tarrant County, Texas

Source: Ownwell

Loading...

$28,296

$1,531,770

$3,035,243

Median Colleyville Market Value

$787,419

Median Tarrant County Market Value

$306,713

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Colleyville, Tarrant County, Texas

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
76034$500,000$616,704$787,419$1,041,268$1,367,862

Source: Ownwell

Property Tax Bills Across Colleyville, Tarrant County, Texas

In Colleyville, Tarrant County, TX, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $787,419, property taxes can significantly impact homeowners. The tax bill for the 25th percentile is approximately $7,944, while those in the 75th percentile face bills around $14,671. For homeowners in the 90th percentile, taxes can reach up to $19,261. These figures highlight the substantial tax burden compared to the national median property tax bill of $2,400. This financial strain underscores the importance of understanding how assessed values and local rates influence tax bills. Ownwell offers valuable assistance by helping homeowners navigate the complexities of property tax appeals and exemptions. By leveraging expert knowledge, Ownwell can identify inaccuracies in property assessments and ensure homeowners are not overpaying. This proactive approach can lead to significant savings, providing financial relief and peace of mind for those facing high property tax bills in Colleyville.

Property Tax Bills Across Colleyville, Tarrant County, Texas

Source: Ownwell

Loading...

$1,576

$19,335

$37,093

Median Colleyville Tax Bill

$10,800

Median Tarrant County Tax Bill

$5,114

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Colleyville, Tarrant County, Texas

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
76034$4,974$7,944$10,800$14,671$19,261

Source: Ownwell

Don't miss the deadline to protest!