79101 Property Tax Rate

Property owners in ZIP code 79101 (Amarillo, Texas) pay a median of $1,920/year in property taxes on homes valued at $152,300. 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 79101 is approximately $160, which factors into escrow payments on mortgages. This ZIP code is located within Potter County. This is $1,211 less than the Texas average of $3,131/year.

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

In Amarillo, property taxes represent approximately 4.8% of the median household income of $40,313, providing context for the relative tax burden on homeowners in this area.

Texas resets property assessments to market value at sale, but the 10% annual cap on appraised value growth applies only to homestead properties—you must file to claim it. Submit your Homestead Exemption to the Potter County Appraisal District by April 30 following purchase to reduce taxable value and save on school and county taxes. Obtain your Notice of Appraised Value from Potter County Appraisal District and file any protest by May 15 if the assessed value exceeds market conditions.