79329 Property Tax Rate

Property owners in ZIP code 79329 (Idalou, Texas) pay a median of $3,107/year in property taxes on homes valued at $194,500. This translates to an effective tax rate of 1.60%, which is 18% above the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 79329 is approximately $259, which factors into escrow payments on mortgages. This ZIP code is located within Lubbock County.

Compared to similar ZIP codes in Texas, 79329 has lower property taxes. ZIP codes with similar effective rates include 77536 (1.60%) and 79109 (1.60%).

In Idalou, property taxes represent approximately 4.2% of the median household income of $74,150, providing context for the relative tax burden on homeowners in this area.

Texas does not levy state income tax and caps annual homestead appraisal increases at 10%, but this protection requires filing a Homestead Exemption with the Lubbock County Appraisal District by April 30 following your purchase. The exemption exempts a portion of your home's value from school operating taxes and local taxing entity taxes, saving most Lubbock County homeowners $900–$1,500/year. Submit your Homestead Exemption application to the Lubbock County Appraisal District before April 30 and check your appraised value each spring; file a formal protest by May 15 if the appraisal exceeds market value.