75763 Property Tax Rate

Property owners in ZIP code 75763 (Frankston, Texas) pay a median of $1,536/year in property taxes on homes valued at $152,700. This translates to an effective tax rate of 1.01%, which is 26% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 75763 is approximately $128, which factors into escrow payments on mortgages. This ZIP code is located within Anderson County. This is $1,595 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 75763 has lower property taxes. ZIP codes with similar effective rates include 78934 (1.01%) and 75656 (1.00%).

In Frankston, property taxes represent approximately 2.5% of the median household income of $62,522, providing context for the relative tax burden on homeowners in this area.

Without a Homestead Exemption on file, your property in Anderson County may be appraised at market value with no annual growth cap; filing exemption paperwork with the Anderson County Appraisal District by April 30 of the year after purchase caps increases at 10% annually. Your homestead exemption removes a set dollar amount from the appraised value, reducing school and county tax bills by $800–$1,500 per year for most homebuyers. Bring your deed and proof of occupancy to the Anderson County Appraisal District office to register as a homestead and establish your base year value.