What is the Property Tax Rate in Tarrant County?
Based on HomeLight’s analysis of publicly available data, the average effective property tax rate for a primary residence in Tarrant County is approximately 2.37% of its estimated value. This is higher than the national average of 0.90%.
For example, with a 2.37% effective tax rate, a homeowner with a $350,000 home might pay around $8,295 in annual property taxes.
An effective property tax rate represents the actual percentage of a property’s market value that a homeowner pays in taxes, considering the assessed value and any exemptions or deductions.
Note: HomeLight’s Tarrant County property tax calculator provides a ballpark estimate for a primary residence using average rates. Your tax can vary based on location and the specific taxing districts (e.g., schools, fire districts, and libraries) that apply to your parcel.
Are There Property Tax Exemptions in Tarrant County?
Homeowners in Tarrant County may qualify for several property tax exemptions that can lower their tax bill. However, total exemptions will vary based on which Tarrant County city you are located in. For example, homeowners in Bedford can apply for several exemptions, including an exemption for those over 65 years of age. Other cities offer general homestead exemptions.
The Tarrant County tax website provides a complete list of which exemptions apply in your city.
If you’re buying a home in Tarrant County, note that property tax exemptions do not automatically transfer from the previous owner. After the home changes hands, you’ll need to reapply based on your own eligibility.
When Are Tarrant County Property Taxes Due?
Tarrant County property taxes are considered delinquent if paid on or after February 1. Taxes can be paid in two installments, with the first half due by November 30 and the second half due by June 30.
What Do Property Taxes Pay For in Tarrant County?
Local property taxes in Tarrant County pay for important local services, including:
- Public schools
- Police, fire, and EMS services
- Roads, streets, and traffic signals
- Parks, libraries, and community centers
- City and county government operations
- Infrastructure like water, sewer, and trash services
- Repayment of local bond projects (such as transit and school improvements)
What Does It Cost to Buy a Home in Tarrant County?
How Much House Can You Afford?
Affordability in Tarrant County depends on income, debt, credit score, and mortgage rate. With a median household income of around $80,043, a buyer might afford a home in the $260,000–$270,000 range using standard debt-to-income guidelines. However, with the median home price near $350,000, many buyers need dual incomes or additional savings to qualify.
Use HomeLight’s Home Affordability Calculator to estimate your budget based on your income, debts, and current rates.
What Down Payment Will You Need in Tarrant County?
According to Visual Capitalist, the average down payment on a house in Tarrant County is 12.2%. However, down payment amounts vary widely depending on loan type and credit score. While 20% used to be the expected standard, many buyers put down between 5% and 15%, with 3% options available for FHA and some conventional first-time buyer loans.
For a $350,000 home, here’s what your down payment could look like:
- 3% down = $10,500
- 5% down = $17,500
- 10% down = $35,000
- 15% down = $52,500
- 20% down = $70,000
Try HomeLight’s Down Payment Calculator to see how different down payments affect your monthly payment and loan size.
How Much Are Closing Costs in Tarrant County?
Buyers in Tarrant County can expect to pay about 2% to 5% of the purchase price in closing costs. These may include:
- Loan origination and underwriting fees
- Title insurance and escrow fees
- Appraisal and inspection costs
- Prepaid property taxes and homeowners’ insurance
- Filing and recording fees
For a $350,000 home, that means estimated closing costs of $7,000 to $17,500. Use HomeLight’s Closing Costs Calculator to get a personalized estimate based on your expected Tarrant County home purchase price.
How To Find a Trusted Tarrant County Real Estate Agent
An experienced Tarrant County agent can help you understand local tax rates, school districts, and development trends — and guide you toward neighborhoods that fit your lifestyle and budget.
HomeLight’s free Agent Match tool uses data from over 27 million transactions and thousands of verified reviews to match you with top Tarrant County agents based on real performance, not paid ads.
Tell us a little about your buying plans and get matched today with no obligation.
Additional resources when searching for a trusted buyer’s agent in Tarrant County:
Buying and Selling? Consider “Buy Before You Sell”
If you’re buying a new home in Tarrant County but need to sell your current property first, HomeLight’s Buy Before You Sell program can simplify the entire process. This modern solution helps you unlock equity from your current home so you can make a non-contingent offer on your new home — and only move once. Watch the short video below to see how it works.