Denton County, TX Property Tax Information

The Texas Tax Code represents the main legal document regarding taxation in the State of Texas. Property taxes are determined at local levels, being used for paying services such as schools, hospitals, colleges and others. In Texas, taxable property includes two basic types of property: real property and business personal property.

Market value

Market value has been defined by The Supreme Court as the sale price of real estate as agreed upon between a willing buyer and willing seller, with neither being under duress to buy or sell.

Appraised Values

Establishing the appraised value of a property represents the first step towards determining it's taxable value. The Denton Central Appraisal District determines the appraised values for all taxable real property in the county. Properties are reappraised at least once every three years, but they can be reappraised as often as every year if the market is active in that area. Appraisal value is calculated by using the Agricultural and Timber Use Value insted of the agriculture market value from the property's market value. If there are no such values, than appraised value will be equal to market value.

Assessed Values

The second step is determining the property's assessed value. This will represent the foundation upon which taxing authorities determine the amount of real estate taxes to be paid. The assessed values can decrease or increase. In the case of residential homesteads, the increase is limited to a of 10% per assessment - the Limitation of Appraised Value on Homesteads. So if this is the case, the assessed value is obtained by subtracting the homestead cap loss value from the appraised value.

Exemptions and Taxable Value

A wide variety of property tax exemptions are available in Denton County, which may lower the property's tax bill. These are deducted from the assessed value to give the property's taxable value.

Due to the fact that no data regarding the exact values of exemptions was provided, taxable value is equal to assessed value.

Property tax

Property tax is calculated by multiplying taxable value by the applicable tax rates.
Base tax is an estimate of what an owner NOT benefiting from tax exemptions or deductions would pay.
Nevertheless, actual taxes might differ from the figures displayed here due to various abatement and financial assistance programs.

For more information please visit the web pages of Denton County's Central Appraisal District and Tax Assessor / Collector Office or look up this property's current tax situation here. Additional information regarding property taxation in Denton County can be found in this FAQ section.