79778 Property Tax Rate

Property owners in ZIP code 79778 (Rankin, Texas) pay a median of $1,502/year in property taxes on homes valued at $116,400. This translates to an effective tax rate of 1.29%, which is 5% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 79778 is approximately $125, which factors into escrow payments on mortgages. This ZIP code is located within Upton County. This is $1,629 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 79778 has higher property taxes. ZIP codes with similar effective rates include 76656 (1.29%) and 76530 (1.29%).

In Rankin, property taxes represent approximately 2.1% of the median household income of $71,647, providing context for the relative tax burden on homeowners in this area.

Texas caps homestead appraisal increases at 10% annually, but you must apply — file your Homestead Exemption with the Upton County Appraisal District by April 30 of the year following your purchase to activate this protection and reduce your taxable value. The exemption saves Upton County homeowners $300–$500 per year by removing assessed value from all local levies (school, county, city). Contact the Upton County Appraisal District within 30 days of closing to obtain and submit your exemption application.