77864 Property Tax Rate

Property owners in ZIP code 77864 (Madisonville, Texas) pay a median of $1,671/year in property taxes on homes valued at $131,800. This translates to an effective tax rate of 1.27%, which is 6% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 77864 is approximately $139, which factors into escrow payments on mortgages. This ZIP code is located within Madison County. This is $1,460 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 77864 has higher property taxes. ZIP codes with similar effective rates include 75446 (1.27%) and 75459 (1.27%).

In Madisonville, property taxes represent approximately 2.6% of the median household income of $63,719, providing context for the relative tax burden on homeowners in this area.

Texas homestead properties in Madison County receive a 10% annual cap on appraised value growth, but you must file an exemption with the Madison County Appraisal District by April 30 of the following tax year to activate this protection. Your homestead exemption removes a set amount from your assessed value, typically reducing annual taxes by $800–$1,500 depending on local school and county rates. File your Homestead Exemption application at Madison County Appraisal District immediately after purchase, providing your deed and occupancy documentation to lock in your base-year value.