76023 Property Tax Rate

Property owners in ZIP code 76023 (Boyd, Texas) pay a median of $3,324/year in property taxes on homes valued at $281,800. This translates to an effective tax rate of 1.18%, which is 13% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 76023 is approximately $277, which factors into escrow payments on mortgages. This ZIP code is located within Wise County.

Compared to similar ZIP codes in Texas, 76023 has higher property taxes. ZIP codes with similar effective rates include 77830 (1.18%) and 77303 (1.18%).

In Boyd, property taxes represent approximately 4.1% of the median household income of $80,927, 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% for properties with an active Homestead Exemption — file your application with the Wise County Appraisal District by April 30 of the year following purchase. Wise County's Homestead Exemption exempts a portion of assessed value from school district taxes, saving typical homeowners $300–$600 annually. Submit your exemption application to the Wise County Appraisal District immediately after closing and retain proof of filing to ensure the 10% cap applies to your appraisal.