79014 Property Tax Rate

Property owners in ZIP code 79014 (Canadian, Texas) pay a median of $2,483/year in property taxes on homes valued at $213,700. This translates to an effective tax rate of 1.16%, which is 14% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 79014 is approximately $207, which factors into escrow payments on mortgages. This ZIP code is located within Hemphill County. This is $648 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 79014 has lower property taxes. ZIP codes with similar effective rates include 76639 (1.16%) and 75631 (1.16%).

In Canadian, property taxes represent approximately 3.4% of the median household income of $72,743, providing context for the relative tax burden on homeowners in this area.

Texas law caps homestead appraised value increases at 10% per year, creating a stable tax foundation even in appreciating markets. Hemphill County offers homestead exemptions through the Hemphill County Appraisal District that exempt a portion of your home's value from taxation — file by April 30 to apply the exemption to your property. Contact the Hemphill County Appraisal District before April 30 to file your homestead claim and confirm your property qualifies as your principal residence.