Property Taxes in DFW: What Every Homeowner Should Know
If you’re a homeowner in the Dallas–Fort Worth area, property taxes are something you’ll deal with every year—whether you’re living in your home or holding it as a long-term investment. And while they’re a normal part of homeownership, it’s easy to overlook how they work, when they’re due, or what options you have to manage them.
So here’s a quick and friendly reminder of the basics, plus a few helpful tips that every DFW homeowner should keep in mind.
What Are Property Taxes?
In Texas, property taxes are assessed by the county where your home is located and are based on:
The county’s appraised value of your home (not necessarily what you paid for it)
The tax rate set by your city, county, school district, and other local authorities
These taxes fund public services like schools, roads, fire departments, and more.
When Are They Paid?
Property taxes are due by January 31st each year
Most homeowners pay them through escrow as part of their monthly mortgage payment
If you don’t escrow, you’ll receive a bill in the fall (usually October or November)
If you own your home free and clear or use a lender that doesn’t escrow, it’s your responsibility to pay directly to the county tax office.
Can You Protest Your Property Value?
Yes, and many homeowners do. Each spring, appraisal districts release property values, and you have the right to protest if you believe the assessed value is too high.
Reasons to protest might include:
Inaccurate square footage or condition
Recent comparable sales that support a lower value
Market declines in your neighborhood
It’s a good idea to gather evidence—recent sales, photos, or an independent appraisal—before submitting a protest. Most counties have an online portal to walk you through the process.
Are There Any Exemptions?
Yes. The most common is the Homestead Exemption, which reduces your taxable value if the home is your primary residence. Others include:
Over 65 exemption
Disabled person exemption
Disabled veteran exemption
Agricultural (Ag) or wildlife exemptions for rural land
You typically only need to apply once for a homestead exemption, but other exemptions may require annual documentation.
Important Reminders for DFW Homeowners
Your home's appraised value is not the same as your market value—the county's number is for tax purposes only
Escrow doesn’t mean you’re not paying property taxes—they’re just bundled into your monthly mortgage
Tax rates vary significantly between cities—Southlake, for example, has different tax obligations than Saginaw or Garland
If you recently bought a home, double-check your escrow and homestead status to avoid unexpected increases
Final Thoughts
Property taxes are part of owning real estate in Texas—and while they can be confusing at times, they’re also manageable with the right guidance and planning.
If you have questions about your property value, homestead exemption, or how taxes might impact a future sale or purchase, I’d be happy to point you in the right direction. While I’m not a tax professional or attorney, I can help you navigate the basics and connect you with trusted experts if needed.
—
Gustavo Ramos
Realtor – Keller Williams Dallas Metro North
(817) 876-3390
gustavoramos@kw.com
gustavoramos.kw.com
