76561 Property Tax Rate

Property owners in ZIP code 76561 (Oglesby, Texas) pay a median of $1,700/year in property taxes on homes valued at $141,900. This translates to an effective tax rate of 1.20%, which is 11% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 76561 is approximately $142, which factors into escrow payments on mortgages. This ZIP code is located within Coryell County. This is $1,431 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 76561 has higher property taxes. ZIP codes with similar effective rates include 76823 (1.20%) and 77022 (1.20%).

In Oglesby, property taxes represent approximately 2.4% of the median household income of $69,875, 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 Coryell County Appraisal District by April 30 of the year following purchase. The exemption removes a portion of assessed value from school and county taxes, saving eligible homeowners $500–$900/year on a median $174,000 property in this higher-rate county. File your exemption with the Coryell County Assessor before your first tax bill and request a homestead certification letter to lock in the annual increase cap.