76937 Property Tax Rate

Property owners in ZIP code 76937 (Eola, Texas) pay a median of $5,881/year in property taxes on homes valued at $1,088,100. This translates to an effective tax rate of 0.54%, which is 60% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 76937 is approximately $490, which factors into escrow payments on mortgages. This ZIP code is located within Tom Green County. This is $2,750 more than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 76937 has higher property taxes. ZIP codes with similar effective rates include 76261 (0.54%) and 78631 (0.54%).

In Eola, property taxes represent approximately 5.6% of the median household income of $105,820, providing context for the relative tax burden on homeowners in this area.

Texas caps homestead appraisal increases at 10% annually and levies no state income tax — file your Homestead Exemption with the Tom Green County Appraisal District by April 30 of the year following purchase to claim this benefit. The exemption reduces assessed value across school, county, and city taxes; on Tom Green County's median $186,100 home, homeowners typically save $500–$900/year. Contact the Tom Green County Assessor's office before or immediately after closing to obtain and file your exemption application by the April 30 deadline.