79063 Property Tax Rate

Property owners in ZIP code 79063 (Nazareth, Texas) pay a median of $1,940/year in property taxes on homes valued at $196,300. This translates to an effective tax rate of 0.99%, which is 27% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 79063 is approximately $162, which factors into escrow payments on mortgages. This ZIP code is located within Castro County. This is $1,191 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 79063 has higher property taxes. ZIP codes with similar effective rates include 77703 (0.99%) and 75845 (0.99%).

In Nazareth, property taxes represent approximately 2.2% of the median household income of $88,750, providing context for the relative tax burden on homeowners in this area.

Texas homestead properties benefit from a 10% annual appraisal cap, but you must file the Homestead Exemption with the Castro County Appraisal District by April 30 to activate it. File immediately after purchase to protect yourself from unlimited appraisal growth and reduce your assessed value across all local taxing jurisdictions. Confirm your exemption filing status with Castro County Appraisal District and retain the exemption certificate for your records.