78562 Property Tax Rate

Property owners in ZIP code 78562 (La Villa, Texas) pay a median of $1,550/year in property taxes on homes valued at $117,800. This translates to an effective tax rate of 1.32%, which is near the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 78562 is approximately $129, which factors into escrow payments on mortgages. This ZIP code is located within Hidalgo County. This is $1,581 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 78562 has higher property taxes. ZIP codes with similar effective rates include 76266 (1.32%) and 77705 (1.31%).

In La Villa, property taxes represent approximately 3.0% of the median household income of $51,583, providing context for the relative tax burden on homeowners in this area.

Texas caps annual homestead appraisal increases at 10%, but this protection requires filing your Homestead Exemption with the Hidalgo County Appraisal District by April 30 of the year after closing. The exemption removes a percentage of assessed value from school district taxes, typically saving Hidalgo County homeowners $500–$900/year. Review your Notice of Appraised Value upon receipt and file a formal protest with the Hidalgo CAD by May 15 if the appraised amount significantly exceeds recent comparable home sales.