76523 Property Tax Rate

Property owners in ZIP code 76523 (Davilla, Texas) pay a median of $1,394/year in property taxes on homes valued at $169,500. This translates to an effective tax rate of 0.82%, which is 39% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 76523 is approximately $116, which factors into escrow payments on mortgages. This ZIP code is located within Milam County. This is $1,737 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 76523 has higher property taxes. ZIP codes with similar effective rates include 75851 (0.82%) and 78146 (0.82%).

In Davilla, property taxes represent approximately 2.0% of the median household income of $69,896, providing context for the relative tax burden on homeowners in this area.

Texas caps annual appraisal increases at 10% for homestead properties, but this cap only applies once you file — submit your Homestead Exemption application to the Milam 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 $400–$700/year on a median $156,600 home. Contact the Milam County Assessor within 30 days of purchase to file your homestead exemption and confirm eligibility for the annual appraisal cap.