79756 Property Tax Rate

Property owners in ZIP code 79756 (Monahans, Texas) pay a median of $841/year in property taxes on homes valued at $153,200. This translates to an effective tax rate of 0.55%, which is 59% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 79756 is approximately $70, which factors into escrow payments on mortgages. This ZIP code is located within Ward County. This is $2,290 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 79756 has lower property taxes. ZIP codes with similar effective rates include 77306 (0.55%) and 78884 (0.56%).

In Monahans, property taxes represent approximately 1.2% of the median household income of $70,924, providing context for the relative tax burden on homeowners in this area.

Texas limits homestead property appraisal increases to 10% annually, but you must file your Homestead Exemption with the Ward County Appraisal District by April 30 of the year following your purchase to secure this cap. The exemption shields your assessed value from market spikes and reduces taxes across all Ward County taxing entities, typically saving $400–$700 annually. Contact the Ward County Appraisal District before or immediately after closing to request the exemption form and confirm your eligibility as a primary resident.