Troy, Falls County, Texas Property Taxes
Property Taxes in Troy, Texas
Median Troy, Texas effective property tax rate: 1.24%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Troy, Texas home value: $311,650
Median annual Troy, Texas tax bill: $3,527, $1,127 higher than the national median property tax bill of $2,400.
How are property taxes in Falls calculated?
Property taxes in Troy, Texas are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Troy's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Troy, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Troy, Falls County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.24%
Estimate Property Tax Bill
$3,864
$3,586
How Does the Troy Property Tax Calculator Work?
Use this Troy property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Troy's median effective tax rate of 1.24% — based on actual property records in Falls County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Troy's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Troy: rates range from 3527.00 in 76579 to 3527.00 in 76579, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Troy.
About Troy Property Taxes
About Property Taxes in Troy, Falls, Texas
Troy’s median effective property tax rate of 1.24% is lower than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Falls County base levy combined with local school district levies and Municipal Utility Districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Troy. Homeowners in ZIP code 76579 carry a median effective rate of 1.24%, and the same ZIP code also has a median property tax bill of $3,527. This reflects how school district boundaries and local assessment districts are drawn across Falls County, and it can make a meaningful difference to your annual tax bill.
Troy homeowners who believe their assessed value is too high can file a formal appeal with the local Appraisal District before the May 15, 2026 deadline each year.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Troy, Falls County, Texas
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Troy's effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Troy Tax Rate
1.24%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Falls County Tax Rate
1.83%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Troy, Falls County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76579 | 0.57% | 0.82% | 1.24% | 1.69% | 1.74% |
Source: Ownwell
Property Tax Assessment Values Across Troy, Falls County, Texas
When examining property taxes in Troy, Texas, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Falls County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Falls County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Troy.
For example, the median home price in Troy is $311,650, with tax bills ranging significantly across the county. 76579 has the highest median home price at $311,650.
Property Tax Assessment Values Across Troy, Falls County, Texas
Source: Ownwell
$50,935
$181,293
$311,650
Median Troy Market Value
$311,650
Median Falls County Market Value
$95,780
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Troy, Falls County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76579 | $63,956 | $162,315 | $311,650 | $541,075 | $716,974 |
Source: Ownwell
Property Tax Bills Across Troy, Falls County, Texas
Property tax bills in Troy are based on the assessed value of a home and the local tax rate set for Falls County and other taxing authorities. When a home’s market value rises, the assessed value can increase as well, which can lead to a higher tax bill. Homeowners in Troy should also expect their bill to reflect any exemptions they qualify for, since those can reduce the taxable amount.
With a median home price of $311,650, property taxes can be a meaningful part of homeownership costs. The 25th percentile tax bill is $1,896, while the 75th percentile is $4,979 and the 90th percentile reaches $6,157. The median tax bill in the area is $3,527, which is higher than the national median property tax bill of $2,400 and above the national median property tax rate of 1.02%.
For homeowners, this means property taxes can vary widely from one property to another, depending on value, location, and exemptions.
Median Troy Tax Bill
$3,527
Median Falls County Tax Bill
$1,688
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Troy, Falls County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76579 | $934 | $1,896 | $3,527 | $4,979 | $6,157 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
Links | |
|---|---|
| Falls Appraisal District | |
| Website | esearch.fallscad.net |