76875 Property Tax Rate

Property owners in ZIP code 76875 (Rowena, Texas) pay a median of $1,331/year in property taxes on homes valued at $150,000. This translates to an effective tax rate of 0.89%, which is 34% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 76875 is approximately $111, which factors into escrow payments on mortgages. This ZIP code is located within Runnels County. This is $1,800 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 76875 has higher property taxes. ZIP codes with similar effective rates include 79547 (0.89%) and 75124 (0.88%).

In Rowena, property taxes represent approximately 2.3% of the median household income of $57,361, providing context for the relative tax burden on homeowners in this area.

Texas protects homestead properties with a 10% annual cap on appraised value increases, a significant safeguard in Runnels County where effective rates are moderate. File your Homestead Exemption application with the Runnels County Appraisal District by April 30 following purchase to activate the cap and reduce your assessed value. The Runnels County Appraisal District should receive your exemption application within 30 days of closing.