76401 Property Tax Rate

Property owners in ZIP code 76401 (Stephenville, Texas) pay a median of $2,908/year in property taxes on homes valued at $252,000. This translates to an effective tax rate of 1.15%, which is 15% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 76401 is approximately $242, which factors into escrow payments on mortgages. This ZIP code is located within Erath County. This is $223 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 76401 has higher property taxes. ZIP codes with similar effective rates include 75142 (1.15%) and 77031 (1.15%).

In Stephenville, property taxes represent approximately 4.8% of the median household income of $60,864, providing context for the relative tax burden on homeowners in this area.

Texas law caps annual appraisal increases at 10% for homestead properties once you file your Homestead Exemption with the Erath County Appraisal District by April 30 of the year following purchase. The exemption removes a portion of assessed value from school and county taxes, typically saving Erath County homeowners $800–$1,500/year on a median home. Check your Notice of Appraised Value each spring and file a protest by May 15 with the Erath County Appraisal District if the appraisal does not reflect market value.