76656 Property Tax Rate

Property owners in ZIP code 76656 (Lott, Texas) pay a median of $1,526/year in property taxes on homes valued at $118,300. This translates to an effective tax rate of 1.29%, which is 5% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 76656 is approximately $127, which factors into escrow payments on mortgages. This ZIP code is located within Falls County. This is $1,605 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 76656 has higher property taxes. ZIP codes with similar effective rates include 76530 (1.29%) and 79778 (1.29%).

In Lott, property taxes represent approximately 2.1% of the median household income of $74,286, 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 Falls 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 homeowners $500–$900/year on a median $200,000 home. Register your homestead claim with the Falls County Assessor within 30 days of closing to ensure the cap protects you from higher appraisals in subsequent years.