Real Estate Values and Property Tax Valuation in Tarrant County, Texas

Tarrant County has a total of 593,068 properties with a cumulative value of $150.2B, making up 7.05% of all real estate value in Texas. Property taxes in Tarrant County amount to $2.9B, with an average homeowner paying $4,863 in property taxes compared to the state average of $4,015. The average property tax rate in Tarrant County is 1.92%, while the state average is 1.69%. Property taxes are based on the assessed value of the property, which is determined by the local tax assessor.

The property tax timeline in Texas begins on January 1st, when the property valuation date is set. Property value notices are issued between April and May, and the property tax appeal deadline is May 15th or 30 days after the notices are issued. The real property tax bill is due on January 31st for the preceding year's gross tax bills.

Important Dates
Real Property Tax Bill Due (1st of #):January 31st, Gross tax bills for preceding year
Property Valuation Date:January 1st
Property Value Notices Issued:April - May
Property Tax Appeal Deadline:May 15th or 30 days after notices are issued
Property Tax Bills Issued:October 1st
Available Exemptions
Early Payment Discount

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Real Estate Statistics in Tarrant County

Total Real Estate Value
Total Real Property Taxes
Average Property Tax Rate
# of Real Properties

Residential Property Taxes by Cities in Tarrant County

Tarrant County has an average property tax rate of 1.92%, which is slightly higher than the national average of 1.89%. This rate is applied to the assessed value of a property to calculate the amount of taxes due. The average Tarrant County property tax bill is $4,863, which is slightly higher than the national average of $4,735.

Property tax rates vary across the cities in Tarrant County. The city with the highest effective property tax rate is Mansfield, with a rate of 2.2%. On the other hand, the city with the lowest effective property tax rate is Flower Mound, with a rate of 0.59%. This means that property owners in Mansfield pay more in taxes than those in Flower Mound.

Tax Assessment Value

The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Tarrant County. The tax assessment value may differ from the potential sale value, and is used to calculate the property tax for each piece of real estate.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Blue Mound$101,570$113,638$129,621$151,617$167,818
Flower Mound$2,053$56,000$286,559$438,261$693,600
Forest Hill$83,387$104,453$123,344$153,234$180,831
Fort Worth$64,173$118,960$194,299$264,120$358,761
Grand Prairie$187,476$230,000$270,632$337,988$410,866
Haltom City$69,850$125,000$155,186$195,188$247,567
North Richland Hills$142,364$194,666$250,000$325,114$420,740
Richland Hills$121,516$150,159$179,709$223,205$265,801
River Oaks$105,460$120,000$145,063$174,396$213,463
Westworth Village$113,774$159,179$194,323$344,617$766,178

Property Tax Bill

This table shows the percentiles of actual property tax paid on residential properties for each city in Tarrant County.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Blue Mound$410$1,309$2,728$3,453$4,002
Flower Mound$7$327$812$2,532$3,843
Forest Hill$514$1,251$2,497$3,619$4,566
Fort Worth$404$1,744$3,854$5,992$8,062
Grand Prairie$1,723$3,518$4,774$6,149$7,758
Haltom City$151$1,296$2,915$4,121$5,435
North Richland Hills$1,054$2,987$4,820$6,805$9,164
Richland Hills$635$1,792$3,314$4,422$5,685
River Oaks$663$1,758$2,907$3,832$4,826
Westworth Village$461$1,864$3,621$5,793$15,079

Effective Property Tax Rate

The effective property tax rate is calculated by dividing the property tax bill by the assessed value. For the percentiles below, the calculation is performed using the percentiles for property tax bill and assessed value above. Therefore, each consecutive percentile doesn't necessarily show a larger value.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Aledo 0.75% 1.53% 1.69% 2.09% 2.23%
Arlington 0.72% 1.62% 2.05% 2.19% 2.25%
Azle 0.47% 0.92% 1.76% 1.98% 1.89%
Bedford 0.83% 1.47% 1.83% 1.95% 2.06%
Benbrook 0.80% 1.48% 2.00% 2.15% 2.18%
Blue Mound 0.40% 1.15% 2.10% 2.28% 2.38%
Burleson 0.31% 0.55% 0.68% 1.04% 1.32%
Colleyville 1.15% 1.66% 1.88% 1.95% 2.04%
Crowley 0.85% 1.88% 2.26% 2.36% 2.19%
Euless 0.67% 1.51% 1.82% 2.00% 2.09%
Flower Mound 0.34% 0.58% 0.28% 0.58% 0.55%
Forest Hill 0.62% 1.20% 2.02% 2.36% 2.53%
Fort Worth 0.63% 1.47% 1.98% 2.27% 2.25%
Grand Prairie 0.92% 1.53% 1.76% 1.82% 1.89%
Grapevine 1.04% 1.53% 1.78% 1.87% 1.91%
Haltom City 0.22% 1.04% 1.88% 2.11% 2.20%
Haslet 1.32% 1.07% 1.04% 0.91% 1.01%
Hurst 0.56% 1.36% 1.79% 2.02% 2.10%
Keller 0.97% 1.63% 2.01% 2.06% 2.13%
Kennedale 0.18% 1.45% 2.03% 2.32% 2.45%
Lakeside 0.30% 1.13% 1.59% 1.68% 1.82%
Mansfield 0.62% 1.97% 2.29% 2.36% 2.41%
North Richland Hills 0.74% 1.53% 1.93% 2.09% 2.18%
Pantego 0.71% 1.31% 1.77% 1.93% 2.00%
Richland Hills 0.52% 1.19% 1.84% 1.98% 2.14%
River Oaks 0.63% 1.47% 2.00% 2.20% 2.26%
Roanoke 0.80% 1.08% 1.12% 1.08% 1.43%
Saginaw 0.99% 1.81% 2.17% 2.26% 2.30%
Southlake 0.87% 1.70% 1.95% 1.98% 2.00%
Watauga 0.89% 1.71% 2.11% 2.27% 2.28%
Westlake 0.50% 1.41% 1.81% 1.90% 1.96%
Westworth Village 0.41% 1.17% 1.86% 1.68% 1.97%

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Real Estate Values in Tarrant County

The median home price in Tarrant County, Texas decreased by 6.46% from October 2022 to October 2023, from $361.2K to $337.9K. This decrease in home prices is accompanied by a decrease in home inventory, from 5.6K in October 2022 to 5.0K in October 2023. This suggests that the housing market in Tarrant County is becoming more competitive, with fewer homes available for sale and lower prices.

Median Sale Value
Total Active Listings
Annual percent change in median sale price

Average Home Value in Tarrant County, Texas

Last updated: November 2023

Percent Change in Total Home Sales in Tarrant County

Last updated: November 2023

Percent Change in New Home Listings in Tarrant County

Last updated: November 2023

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Mortgage Rates in Tarrant County

Mortgages in Tarrant County are a major factor in the local economy. There is currently a total of $131.7 billion in outstanding loans across the county, representing 356.4 thousand individual loans. This represents a significant portion of the total home value in the county, with the average loan amount being around $367,000.

The median mortgage rate in Tarrant County varies significantly across different cities. For example, the city of Forest Hill has the highest median mortgage rate at 5.37%, while the city of Flower Mound has the lowest median mortgage rate at 3.2%. This variation in rates can have a significant impact on the affordability of a home loan, and can be a major factor in deciding where to purchase a home.

# of Outstanding Loans
Total Outstanding Loan Amount
Properties with Loans

Outstanding Mortgages

The table below shows the percentile distribution of outstanding loans on residential properties in Tarrant County by city.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Blue Mound$18,692$35,865$57,020$104,382$153,086
Flower Mound$238,179$284,293$344,095$402,667$479,430
Forest Hill$14,480$33,126$52,707$120,820$175,859
Fort Worth$32,601$65,478$130,127$213,725$294,314
Grand Prairie$51,540$83,639$146,583$235,480$327,623
Haltom City$22,441$40,916$70,514$136,928$199,656
North Richland Hills$36,855$70,451$140,863$234,793$322,456
Richland Hills$24,363$50,149$100,745$170,318$230,260
River Oaks$17,652$34,698$60,604$135,068$193,074
Westworth Village$23,784$47,732$121,644$300,665$469,455

Mortgage Rates

The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Tarrant County.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Aledo 3.10% 3.70% 4.45% 6.20% 7.10%
Arlington 3.05% 3.75% 4.62% 6.41% 7.55%
Azle 2.90% 3.50% 4.15% 5.71% 7.01%
Bedford 3.05% 3.70% 4.50% 6.30% 7.35%
Benbrook 2.99% 3.68% 4.50% 6.24% 7.23%
Blue Mound 3.10% 3.81% 5.01% 6.50% 7.58%
Burleson 2.90% 3.56% 4.25% 5.65% 6.69%
Colleyville 2.99% 3.60% 4.30% 6.08% 7.19%
Crowley 2.90% 3.40% 4.00% 5.09% 6.37%
Euless 3.00% 3.69% 4.45% 6.19% 7.21%
Flower Mound 2.70% 2.88% 3.20% 3.65% 3.93%
Forest Hill 3.20% 3.93% 5.37% 6.81% 7.86%
Fort Worth 2.90% 3.60% 4.37% 5.97% 7.05%
Grand Prairie 3.10% 3.72% 4.44% 6.10% 6.99%
Grapevine 3.05% 3.71% 4.50% 6.41% 7.55%
Haltom City 3.10% 3.87% 4.87% 6.57% 7.72%
Haslet 2.80% 3.10% 3.87% 4.62% 6.11%
Hurst 3.04% 3.70% 4.50% 6.24% 7.23%
Keller 2.90% 3.59% 4.16% 5.75% 7.02%
Kennedale 3.00% 3.64% 4.37% 5.89% 7.09%
Lakeside 3.00% 3.70% 4.50% 6.58% 7.72%
Mansfield 3.01% 3.67% 4.40% 5.99% 7.04%
North Richland Hills 2.96% 3.60% 4.38% 6.16% 7.21%
Pantego 2.90% 3.62% 4.40% 6.16% 7.15%
Richland Hills 3.00% 3.64% 4.50% 6.20% 7.27%
River Oaks 3.09% 3.75% 4.60% 6.40% 7.54%
Roanoke 2.90% 3.50% 4.09% 5.17% 6.30%
Saginaw 3.05% 3.70% 4.69% 6.40% 7.54%
Southlake 2.99% 3.60% 4.25% 5.99% 7.12%
Watauga 3.00% 3.73% 4.55% 6.39% 7.60%
Westlake 2.80% 3.25% 3.90% 4.58% 5.93%
Westworth Village 3.00% 3.59% 4.18% 6.08% 7.04%

Housing Expenses in Tarrant County, Texas

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Frequently asked questions

We currently operate in Texas, California, Washington, Georgia, Florida and Illinois.
We use a private national data provider that cross-references with county recorder's offices to verify ownership. If in the event our system is unable to verify the property, our team will take further steps to investigate ownership and reach out to the customer for confirmation.
Our success rate varies across geographies; however, in any given year, we typically win more than 70% of our cases, saving clients an average of $1,457 on their property taxes.
Yes, in the market areas we serve, we have a dedicated Property Tax Consultant that is physically present in the market they are servicing. The specialist assigned to your property has the necessary geographical competence to provide exemplary service!
The average property tax rate in Tarrant County is 1.92%.
The following exemptions and discounts are available in Tarrant County: Charitable, Disabled, Homestead and Senior