75973 Property Tax Rate

Property owners in ZIP code 75973 (Shelbyville, Texas) pay a median of $800/year in property taxes on homes valued at $135,700. This translates to an effective tax rate of 0.59%, which is 56% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 75973 is approximately $67, which factors into escrow payments on mortgages. This ZIP code is located within Shelby County. This is $2,331 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 75973 has higher property taxes. ZIP codes with similar effective rates include 79854 (0.59%) and 77971 (0.59%).

In Shelbyville, property taxes represent approximately 1.6% of the median household income of $49,792, providing context for the relative tax burden on homeowners in this area.

Texas imposes no state income tax and caps annual homestead appraised value increases at 10%, but this cap only applies once you file — submit your Homestead Exemption application to the Shelby County Appraisal District by April 30 of the year following purchase. The exemption removes a portion of value from school and county taxes, saving most Shelby County homeowners $500–$900/year depending on school district and city/county rates. Review your Notice of Appraised Value each spring and file a protest by May 15 if the assessed value seems high relative to recent arm's-length sales.