79005 Property Tax Rate

Property owners in ZIP code 79005 (Booker, Texas) pay a median of $1,815/year in property taxes on homes valued at $144,000. This translates to an effective tax rate of 1.26%, which is 7% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 79005 is approximately $151, which factors into escrow payments on mortgages. This ZIP code is located within Lipscomb County. This is $1,316 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 79005 has higher property taxes. ZIP codes with similar effective rates include 76011 (1.26%) and 79101 (1.26%).

In Booker, property taxes represent approximately 2.6% of the median household income of $69,236, providing context for the relative tax burden on homeowners in this area.

Texas homestead properties are protected by a 10% annual appraisal cap, meaning your assessed value cannot jump more than that each year even if your home appreciates faster. Lipscomb County provides homestead exemptions that reduce taxable assessed value for owner-occupants — file your application with the Lipscomb County Appraisal District by April 30 following purchase. Apply for your homestead exemption immediately after closing to ensure it takes effect on your first tax bill and review your Notice of Appraised Value when it arrives.