75050 Property Tax Rate

Property owners in ZIP code 75050 (Grand Prairie, Texas) pay a median of $2,987/year in property taxes on homes valued at $224,400. This translates to an effective tax rate of 1.33%, which is near the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 75050 is approximately $249, which factors into escrow payments on mortgages. This ZIP code is located within Dallas County.

Compared to similar ZIP codes in Texas, 75050 has higher property taxes. ZIP codes with similar effective rates include 75253 (1.33%) and 78758 (1.33%).

In Grand Prairie, property taxes represent approximately 4.2% of the median household income of $70,484, 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 Dallas 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 Dallas Central Appraisal District by April 30 of the year following your purchase to lock in the 10% cap for future years.