77414 Property Tax Rate

Property owners in ZIP code 77414 (Bay City, Texas) pay a median of $2,394/year in property taxes on homes valued at $166,100. This translates to an effective tax rate of 1.44%, which is 7% above the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 77414 is approximately $200, which factors into escrow payments on mortgages. This ZIP code is located within Matagorda County. This is $737 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 77414 has lower property taxes. ZIP codes with similar effective rates include 79311 (1.44%) and 79072 (1.44%).

In Bay City, property taxes represent approximately 4.2% of the median household income of $57,545, providing context for the relative tax burden on homeowners in this area.

Texas imposes a 10% annual cap on homestead appraised values only after you file for the Homestead Exemption with the Matagorda County Appraisal District by April 30 of the year following purchase — without it, your assessment can reset to market value annually. The exemption reduces the taxable value submitted to schools, county government, and cities, saving typical Matagorda County buyers $900–$1,600 per year. File your exemption application with the Matagorda County Appraisal District within 30 days of closing to ensure the cap begins on your next appraisal notice.