76449 Property Tax Rate

Property owners in ZIP code 76449 (Graford, Texas) pay a median of $2,813/year in property taxes on homes valued at $268,000. This translates to an effective tax rate of 1.05%, which is 22% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 76449 is approximately $234, which factors into escrow payments on mortgages. This ZIP code is located within Palo Pinto County. This is $318 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 76449 has higher property taxes. ZIP codes with similar effective rates include 75422 (1.05%) and 75494 (1.05%).

In Graford, property taxes represent approximately 4.0% of the median household income of $70,819, 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 Palo Pinto County Appraisal District by April 30 of the year following purchase. Palo Pinto County's Homestead Exemption reduces the taxable portion of your home's value, saving most homeowners $200–$350/year on school and county taxes. Contact the Palo Pinto County Appraisal District immediately after closing to file your exemption and verify the 10% annual cap will protect your appraisal.