76870 Property Tax Rate

Property owners in ZIP code 76870 (Priddy, Texas) pay a median of $1,813/year in property taxes on homes valued at $193,800. This translates to an effective tax rate of 0.94%, which is 31% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 76870 is approximately $151, which factors into escrow payments on mortgages. This ZIP code is located within Mills County. This is $1,318 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 76870 has higher property taxes. ZIP codes with similar effective rates include 75555 (0.94%) and 78140 (0.93%).

In Priddy, property taxes represent approximately 2.4% of the median household income of $74,583, providing context for the relative tax burden on homeowners in this area.

Texas protects homestead properties with a 10% annual appraisal cap and no state income tax, but you must file to claim it — submit your Homestead Exemption to the Mills County Appraisal District by April 30 following your purchase. On Mills County's median $184,000 home, the exemption reduces school and county taxes by roughly $600–$900/year. Contact the Mills County Assessor's office before closing to prepare your exemption filing and confirm the April 30 deadline.