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Mid City Times

Tuesday, April 22, 2025

Dallas County effective property tax rate in Q4 2024 was higher than the national average

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Property owners in Dallas County paid 3% of the value of their homes in property taxes in the fourth quarter of 2024, which is more than 2.7 times the national average, according to the real estate analysis posted by Mid City Times.

The median sales price of a Dallas County home in the fourth quarter of 2024 was $207,670, based on data from the 5,314 properties sold during that time. In 2024, the median tax bill for the county was $6,136, which is 3% of the median value of the homes that were taxed.

This is 2.7 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Dallas County real estate data showed homeowners in Cockrell Hill, Lewisville, and Sachse paid the highest rates.

The above article calculates the effective property tax rate for 2024 using estimated inflation values and 2020 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following table compares Cockrell Hill with some other cities belonging to Dallas County by their median effective property tax rate, calculated using sales and property tax data from the fourth quarter of 2024.

CityQ4 2024 SalesQ4 2024 Median PriceMedian tax 2024Effective tax rate
Cockrell Hill3$77,090$4,0115.2%
Lewisville2$230,930$9,0313.9%
Sachse44$222,580$8,3363.7%
Highland Park24$1,359,275$48,1413.5%
University Park44$1,164,325$40,9753.5%
Carrollton88$215,875$7,2533.4%
Mesquite337$156,210$5,3133.4%
Duncanville82$169,635$5,6553.3%
Richardson231$254,000$8,3883.3%
Seagoville24$128,995$4,2073.3%
Sunnyvale9$360,700$11,7793.3%
Cedar Hill130$200,095$6,3173.2%
Garland616$193,760$6,1243.2%
Lancaster83$170,310$5,4753.2%
Rowlett171$241,990$7,8463.2%
DeSoto138$215,020$6,7533.1%
Grand Prairie238$170,820$5,3453.1%
Wilmer6$77,650$2,4443.1%
Balch Springs50$134,220$4,0573%
Hutchins2$96,105$2,8593%
Addison32$374,600$10,8752.9%
Coppell103$425,080$12,5202.9%
Farmers Branch92$250,390$7,3182.9%
Glenn Heights11$195,600$5,7172.9%
Irving257$220,700$6,4682.9%
Dallas2,494$218,240$5,6452.6%

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