$16,000/year | $1,333/month | Rate: 1.6%
Here's a complete breakdown of property tax on a $1,000,000 home in Texas for 2026.
| Detail | Amount |
|---|---|
| Home Value | $1,000,000 |
| Texas Effective Tax Rate | 1.6% |
| Annual Property Tax | $16,000 |
| Monthly Escrow Amount | $1,333 |
| National Average (1.07%) | $10,700 |
| Difference vs National Avg | +$5,300/year |
| State | Tax Rate | Annual Tax | Monthly | vs Texas |
|---|---|---|---|---|
| Texas (You) | 1.6% | $16,000 | $1,333 | — |
| Florida | 0.8% | $8,000 | $667 | $-8,000/yr |
| Tennessee | 0.56% | $5,600 | $467 | $-10,400/yr |
| California | 0.71% | $7,100 | $592 | $-8,900/yr |
| Home Value | Annual Tax | Monthly |
|---|---|---|
| $200K | $3,200 | $267 |
| $250K | $4,000 | $333 |
| $300K | $4,800 | $400 |
| $350K | $5,600 | $467 |
| $400K | $6,400 | $533 |
| $450K | $7,200 | $600 |
| $500K | $8,000 | $667 |
| $600K | $9,600 | $800 |
| $750K | $12,000 | $1,000 |
| $1M ← You | $16,000 | $1,333 |
Homestead Exemption ($100,000 off school taxes), Over-65/Disabled freeze, Veterans' Exemption, Agricultural Exemption
Calculate your own numbers
Open PropertyCalcTools →Property tax on a $1,000,000 home in Texas is approximately $16,000 per year, or $1,333 per month. Texas's effective property tax rate is 1.6%, which is above the national average of 1.07%.
To lower property tax in Texas: 1) Apply for all available exemptions (homestead, senior, veteran), 2) Appeal your assessment if your home is overvalued — success rates are 30-50%, 3) Check for errors in your property record (square footage, lot size, features), 4) Compare your assessment with similar nearby properties.
Property tax due dates vary by county in Texas, but most jurisdictions bill semi-annually or annually. If you have a mortgage, property taxes are typically paid through your monthly escrow payment ($1,333/month for a $1M home). Contact your county assessor's office for exact deadlines.