75561 Property Tax Rate

Property owners in ZIP code 75561 (Hooks, Texas) pay a median of $1,781/year in property taxes on homes valued at $128,700. This translates to an effective tax rate of 1.38%, which is near the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 75561 is approximately $148, which factors into escrow payments on mortgages. This ZIP code is located within Bowie County. This is $1,350 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 75561 has higher property taxes. ZIP codes with similar effective rates include 75472 (1.38%) and 77485 (1.38%).

In Hooks, property taxes represent approximately 3.1% of the median household income of $58,025, providing context for the relative tax burden on homeowners in this area.

Texas caps annual homestead appraisal increases at 10% and provides an exemption from school operating taxes, but both require filing a Homestead Exemption application with the Bowie County Appraisal District by April 30 of the year after your purchase closes. The exemption typically removes $20,000–$25,000 of assessed value from school district taxes, saving most Bowie County homeowners $500–$1,000 annually. Retrieve your Notice of Appraised Value from the Bowie County Appraisal District shortly after closing and file a protest by May 15 if the appraised value does not reflect your actual purchase price.