79764 Property Tax Rate

Property owners in ZIP code 79764 (Odessa, Texas) pay a median of $1,829/year in property taxes on homes valued at $150,400. This translates to an effective tax rate of 1.22%, which is 10% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 79764 is approximately $152, which factors into escrow payments on mortgages. This ZIP code is located within Ector County. This is $1,302 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 79764 has higher property taxes. ZIP codes with similar effective rates include 75571 (1.22%) and 75090 (1.22%).

In Odessa, property taxes represent approximately 2.7% of the median household income of $68,367, providing context for the relative tax burden on homeowners in this area.

Texas caps homestead appraisal growth at 10% annually but only after you file — apply for your Homestead Exemption with the Ector County Appraisal District by April 30 following your purchase to activate the cap and reduce your taxable assessed value. Ector County's higher effective tax rate of 1.63% makes this exemption especially valuable, potentially saving $800–$1,200 per year. File your exemption claim with the Ector County Appraisal District within 30 days of closing to ensure protection applies immediately.