75859 Property Tax Rate

Property owners in ZIP code 75859 (Streetman, Texas) pay a median of $2,426/year in property taxes on homes valued at $227,600. This translates to an effective tax rate of 1.07%, which is 21% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 75859 is approximately $202, which factors into escrow payments on mortgages. This ZIP code is located within Freestone County. This is $705 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 75859 has higher property taxes. ZIP codes with similar effective rates include 75401 (1.06%) and 75686 (1.06%).

In Streetman, property taxes represent approximately 3.9% of the median household income of $62,973, providing context for the relative tax burden on homeowners in this area.

Texas caps homestead appraisals at 10% annual growth once you file an exemption; without it, your Freestone County property may face unlimited increases until you apply with the Freestone County Appraisal District by April 30. Your homestead exemption removes a set dollar exemption from assessed value, saving approximately $500–$1,200 per year in property taxes across school, county, and city levies. Submit your exemption application to Freestone County Appraisal District by the April 30 deadline and request a Homestead Exemption Notice to verify your base-year value for future appeals.