76043 Property Tax Rate

Property owners in ZIP code 76043 (Glen Rose, Texas) pay a median of $2,478/year in property taxes on homes valued at $247,700. This translates to an effective tax rate of 1.00%, which is 26% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 76043 is approximately $207, which factors into escrow payments on mortgages. This ZIP code is located within Somervell County. This is $653 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 76043 has higher property taxes. ZIP codes with similar effective rates include 78336 (1.00%) and 78933 (1.00%).

In Glen Rose, property taxes represent approximately 3.3% of the median household income of $75,827, 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 you must file for the Homestead Exemption with the Somervell County Appraisal District by April 30 of the year following purchase to receive this protection. Somervell County's Homestead Exemption removes a percentage of your home's assessed value from school taxes, typically saving homeowners $200–$350/year. Contact the Somervell County Appraisal District before April 30 to file your exemption and confirm the 10% annual cap will apply to your property.