75778 Property Tax Rate

Property owners in ZIP code 75778 (Murchison, Texas) pay a median of $853/year in property taxes on homes valued at $141,900. This translates to an effective tax rate of 0.60%, which is 56% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 75778 is approximately $71, which factors into escrow payments on mortgages. This ZIP code is located within Henderson County. This is $2,278 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 75778 has lower property taxes. ZIP codes with similar effective rates include 76935 (0.60%) and 77363 (0.61%).

In Murchison, property taxes represent approximately 1.8% of the median household income of $47,900, providing context for the relative tax burden on homeowners in this area.

Texas caps annual appraisal increases at 10% for homestead properties, but this cap only applies once you file your Homestead Exemption application with the Henderson County Appraisal District by April 30 of the year following purchase. The exemption removes a portion of assessed value from school and county taxes, saving most homeowners $600–$1,200 annually. Review your Notice of Appraised Value each spring and file a protest by May 15 if the assessed value exceeds 10% above the prior year.