Property Taxes in Richland Hills, Texas
Median Richland Hills, Texas effective property tax rate: 1.29%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Richland Hills, Texas home value: $259,346
Median annual Richland Hills, Texas tax bill: $3,340, $940 higher than the national median property tax bill of $2,400.
How are property taxes in Tarrant calculated?
Property taxes in Richland Hills, 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 Richland Hills's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Richland Hills, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Richland Hills Property Tax Calculator Work?
Use this Richland Hills property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Richland Hills' median effective tax rate of 1.29% — based on actual property records in Tarrant 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 Richland Hills' 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 Richland Hills: rates range from $3340.00 in 76118 to $3367.00 in 76180, primarily due to differences in school district levies and local assessment districts.
If your estimate is higher than expected, Ownwell can appeal your Richland Hills assessment — you only pay if we save you money.
About Richland Hills Property Taxes
About Property Taxes in Richland Hills, Tarrant, Texas
Richland Hills’s median effective property tax rate of 1.29% is lower than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Tarrant County base levy combined with local school district levies and Municipal Utility Districts (MUDs) that vary by subdivision throughout the city.
Property tax rates are not uniform across Richland Hills. Homeowners in the 76180 ZIP code carry a median effective rate of 1.96%, while those in 76118 pay 1.29%. This spread — 0.67 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Tarrant County. Understanding which part of Richland Hills you live in can make a meaningful difference to your annual tax bill.
Richland Hills 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 above 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 Richland Hills, Tarrant 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 Richland Hills'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 Richland Hills Tax Rate
1.29%
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 Tarrant County Tax Rate
1.52%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Richland Hills, Tarrant County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76118 | 0.28% | 0.56% | 1.29% | 2.04% | 2.22% |
| 76180 | 0.21% | 1.33% | 1.96% | 2.09% | 2.18% |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Assessment Values Across Richland Hills, Tarrant County, Texas
When examining property taxes in Richland Hills, 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 Tarrant 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 Tarrant County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of April.
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. The median home price in Richland Hills is $259,346, with tax bills ranging significantly across the county. 76118 has the highest median home price at $259,556.
Property Tax Assessment Values Across Richland Hills, Tarrant County, Texas
Source: Ownwell
$29,160
$1,515,580
$3,002,000
Median Richland Hills Market Value
$259,346
Median Tarrant County Market Value
$303,590
Median Texas Market Value
$258,851
Median United States Market Value
$274,101
Property Tax Assessment Values Across Richland Hills, Tarrant County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76118 | $171,363 | $213,444 | $259,556 | $315,766 | $377,089 |
| 76180 | $125,000 | $174,284 | $236,917 | $285,005 | $329,042 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Bills Across Richland Hills, Tarrant County, Texas
Property tax bills in Richland Hills are based on the assessed value of a home, not the market price alone. Local taxing authorities apply their tax rates to that assessed value, so the final bill depends on both the home’s valuation and the rates set in Tarrant County. For a median home price of $259,346, homeowners can see very different outcomes depending on how their property is assessed.
The typical tax bill in Richland Hills is $3,367 in the highest-median ZIP code and $3,340 in the lowest-median ZIP code, both above the national median property tax bill of $2,400. Bills can range from $1,276 at the 25th percentile to $6,213 at the 90th percentile, showing how much property taxes can vary from one homeowner to another.
Ownwell helps homeowners review their assessments, identify savings opportunities, and appeal overvalued property tax bills. By challenging an unfair assessment, Ownwell can help reduce what homeowners owe and make property taxes more manageable.
Median Richland Hills Tax Bill
$3,340
Median Tarrant County Tax Bill
$4,642
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$3,209
Property Tax Bills Across Richland Hills, Tarrant County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76118 | $704 | $1,273 | $3,340 | $4,900 | $6,214 |
| 76180 | $525 | $2,617 | $3,367 | $5,189 | $5,614 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | January 31 |
Links | |
|---|---|
| Tarrant Appraisal District | |
| Phone | (817) 284-0024 |
| Website | tarrant.prodigycad.com |