76234 Property Tax Rate

Property owners in ZIP code 76234 (Decatur, Texas) pay a median of $3,564/year in property taxes on homes valued at $304,300. This translates to an effective tax rate of 1.17%, which is 13% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 76234 is approximately $297, which factors into escrow payments on mortgages. This ZIP code is located within Wise County. This is $433 more than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 76234 has lower property taxes. ZIP codes with similar effective rates include 75414 (1.17%) and 75860 (1.17%).

In Decatur, property taxes represent approximately 4.0% of the median household income of $88,083, 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.