75861 Property Tax Rate

Property owners in ZIP code 75861 (Tennessee Colony, Texas) pay a median of $894/year in property taxes on homes valued at $208,500. This translates to an effective tax rate of 0.43%, which is 68% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 75861 is approximately $75, which factors into escrow payments on mortgages. This ZIP code is located within Anderson County. This is $2,237 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 75861 has higher property taxes. ZIP codes with similar effective rates include 76077 (0.43%) and 75977 (0.44%).

In Tennessee Colony, property taxes represent approximately 1.3% of the median household income of $69,257, 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.