Texas’ local property tax is big and fast-growing. In fiscal 2013, local governments received in excess of $45 billion in property tax revenue, making it the single largest tax imposed in the Lone Star State. Of the total levy, school district taxes represented more than half of the overall burden, at $24.9 billion. The number of taxing jurisdictions levying a property tax grew to more than 4,000 statewide, an increase of 10.6% compared to a decade prior.
Economy
Bringing Down the House (Price)
A decade ago, the typical Texas home value was about $181,000. Today, it’s ballooned to around $302,000. As home prices increase so too does the barrier to entry get higher. A recent study estimates it would take 7 years for a median-income Texas household to save up for a 20% down payment. But you don’t...
July 16, 2026