79086 Property Tax Rate

Property owners in ZIP code 79086 (Sunray, Texas) pay a median of $1,708/year in property taxes on homes valued at $130,200. This translates to an effective tax rate of 1.31%, which is 3% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 79086 is approximately $142, which factors into escrow payments on mortgages. This ZIP code is located within Sherman County. This is $1,423 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 79086 has higher property taxes. ZIP codes with similar effective rates include 77484 (1.31%) and 76642 (1.31%).

In Sunray, property taxes represent approximately 2.5% of the median household income of $68,472, providing context for the relative tax burden on homeowners in this area.

Texas has no state income tax and protects homestead properties with a 10% annual appraisal cap, activated exclusively through a Homestead Exemption filing — exemptions in Sherman County typically reduce school and county tax liability by $400–$900 per year. Apply for the Homestead Exemption with the Sherman County Appraisal District by April 30 of the tax year after you purchase to lock in the growth limitation and claim exemption benefits. Contact the Sherman County Appraisal District immediately upon closing to verify your homestead eligibility and establish your base-year appraised value for future cap calculations.