Are Dallas property tax rates going up? [2024]

Property taxes in the US are skyrocketing, leaving Americans scratching their heads. Recent studies show that property tax rates have seen a 16% increase, bringing costs well over $450,000 for a single-person household in 2021—a whopping $100,000 growth from 2020.

These rates are projected to rise even further in 2022. However, experts claim things could be “worse” for everyone living within the Dallas-Fort Worth area.

Is the Dallas property tax rate going up?

The Dallas property tax rate is projected to go up this year, according to estimates from the Dallas Central Appraisal District. But due to the rapidly increasing value of real estate in the city, taxing entities are having a hard time catching up with assessments.

As a result, tax rates might not be as expensive as they ought to be based on current market values (despite the increase).

How do you calculate Dallas property tax?

To calculate property taxes, you simply multiply current tax rates with your property’s total market value. The applicable taxable value is the market value of your property from January 1 or the first day of the current tax year.

You can get a professional appraiser to determine your property’s taxable value—if you don’t already know it.

Dallas Property Tax Rates by City

If you’re planning to move into Dallas County, it’s worth it to know which cities, counties, and districts have the highest property tax rates.

Before you start searching for the best general contractors in our preferred neighborhood, take a quick at this chart of the different Dallas County cities and their corresponding tax rates:

Cities	Tax Rates (2022 Estimates)
Addison	0.614660*
Batch Springs	0.794629*
Carrollton	0.582500*
Cedar Hill	0.697029*
Cockrell Hill	0.823016*
Combine	0.350000*
Coppell	0.580000*
Dallas	0.773300*
DeSoto	0.701554*
Duncanville	0.700000*
Farmers Branch	0.589000*
Ferris	0.847300*
Garland	0.756965*
Glenn Heights	0.769146*
Grand Prairie	0.664998*
Grapevine	0.271811*
Highland Park	0.230000*
Hutchins	0.682459*
Irving	0.594100*
Lancaster	0.769287*
Lewisville	0.443301*
Mesquite	0.708620*
Ovilla	0.660000*
Richardson	0.615160*
Rowlett	0.745000*
Sachse	0.700734*
Seagoville	0.788800*
Sunnyvale	0.453000*
University Park	0.264388*
Wilmer	0.561900*
Wylie	0.643751*

*Per $100 of valuation.

Data gathered by the Dallas Central Appraisal District (2022).

Where are the highest and lowest property tax rates in Dallas?

Grapevine, Highland Park, and University Park are three cities in Dallas County with the lowest property tax rates in 2022.

On the other hand, Ferris, Grand Prairie, Coppell, Irving, and Richardson have some of the highest property tax rates. So, they aren’t quite as ideal as the previously mentioned cities.

Regardless, before you go off and hire architects, home builders, and Interior designers, take note that property taxes in the most affordable neighborhoods in Dallas may still cost relatively more than what you may pay in other areas.

This may be because, in Texas, the state doesn’t require any local or personal income taxes. Property tax is thus one of the relatively few tax-based sources of funding for the government here.

Property Tax Exemptions in Dallas

Eligible Dallas residents can be fully or partially exempted from paying taxes for their Dallas properties. There are over a dozen exemption types in Dallas, the most common being: