75034 Property Tax Rate

Property owners in ZIP code 75034 (Frisco, Texas) pay a median of $10,001/year in property taxes on homes valued at $679,500. This translates to an effective tax rate of 1.47%, which is 9% above the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 75034 is approximately $833, which factors into escrow payments on mortgages. This ZIP code is located within Collin County. This is $6,870 more than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 75034 has higher property taxes. ZIP codes with similar effective rates include 76205 (1.47%) and 78387 (1.47%).

In Frisco, property taxes represent approximately 9.3% of the median household income of $107,945, providing context for the relative tax burden on homeowners in this area.

Texas imposes no state income tax, and your homestead property's appraised value is capped at a 10% annual increase — this cap applies only after you file a Homestead Exemption with the Collin Central Appraisal District. The exemption amount varies by taxing entity (school district, county, city), but typically reduces assessed value by $25,000–$40,000, saving most homeowners $400–$800/year. File your Homestead Exemption application with the Collin Central Appraisal District by April 30 of the year following your purchase to lock in the 10% cap for future years.