76020 Property Tax Rate

Property owners in ZIP code 76020 (Azle, Texas) pay a median of $3,979/year in property taxes on homes valued at $272,800. This translates to an effective tax rate of 1.46%, which is 8% above the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 76020 is approximately $332, which factors into escrow payments on mortgages. This ZIP code is located within Parker County. This is $848 more than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 76020 has higher property taxes. ZIP codes with similar effective rates include 75149 (1.46%) and 79065 (1.46%).

In Azle, property taxes represent approximately 4.4% of the median household income of $91,000, 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%, though this protection only applies once you file for the Homestead Exemption — submit your application to the Parker County Appraisal District by April 30 of the year following purchase. Parker County's Homestead Exemption removes a percentage of your home's value from school taxes, typically saving homeowners $400–$800 annually on median-priced homes. Contact the Parker County Appraisal District to file immediately after closing and verify your exemption status on your next Notice of Appraised Value.