78840 Property Tax Rate

Property owners in ZIP code 78840 (Del Rio, Texas) pay a median of $2,242/year in property taxes on homes valued at $151,500. This translates to an effective tax rate of 1.48%, which is 9% above the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 78840 is approximately $187, which factors into escrow payments on mortgages. This ZIP code is located within Val Verde County. This is $889 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 78840 has higher property taxes. ZIP codes with similar effective rates include 75402 (1.48%) and 78377 (1.48%).

In Del Rio, property taxes represent approximately 3.8% of the median household income of $59,608, providing context for the relative tax burden on homeowners in this area.

Texas law caps annual appraisal increases at 10% for homestead properties, but this protection only applies once you file a Homestead Exemption — submit your application to the Val Verde County Appraisal District by April 30 of the year following your purchase. The exemption removes a portion of assessed value from school and county taxes, reducing your burden in a county with a 1.48% effective rate. Contact the Val Verde County Appraisal District within 30 days of closing to request your homestead exemption application and verify the April 30 filing deadline.