How are property tax rates determined in Texas?

Property tax rates in Texas are set by each taxing district (municipality, school district, park district, library, etc.) based on their annual levy (the amount of tax revenue they need). The rate is calculated by dividing the levy by the total assessed value of all property in the district.

What is the composite tax rate?

The composite tax rate is the sum of all overlapping taxing district rates that apply to a specific property. A typical property may be taxed by several overlapping districts. The composite rate determines your total tax bill when multiplied by your property's assessed value.

Why do tax rates vary within the same town?

Properties within the same municipality can have different composite rates because overlapping districts (school, park, fire, library) have different boundaries. A home in one school district may have a different rate than a home two blocks away in a different school district.

Hereford, TX Property Tax Rate 2026 — Full Breakdown by District

Showing latest tax year with year-over-year changes. Full rate history available with a paid plan. See products & pricing →

Property Tax — Tax Year 2025 (payable 2026)i

TX Comptroller

Composite Ratei

1.99%–2.59%+1%YoY

Varies by school district

Municipal Portioni

0.2918%+4.2%YoY12.8% of total

Effective Ratei

1.99%–2.59%

Est. Annual Taxi

$2K–$3K

Median Home Valuei

$109,700

Total Leviedi

$43.7M

Tax Per Capitai

$195

Rate varies by school district. Your actual rate depends on which school district your property falls in.

Rate Trend — click a year to explorei

20242025

Municipal

Other Districts

Where Your Tax Dollar Goesi

$0.60 Wildorado ISD

$0.57 Vega ISD

$0.48 Adrian ISD

$0.44 Friona ISD

$0.35 Hereford ISD

$0.34 Walcott ISD

$0.24 Deaf Smith County

$0.14 Deaf Smith County Hospital District

$0.13 City of Hereford

$0.02 Amarillo JCD - Hereford

Estimated Tax by Home Valuei

$50K

$993–$1,294

$100K

$1,987–$2,588

$150K

$2,980–$3,882

$200K

$3,973–$5,176

$250K

$4,967–$6,470

$300K

$5,960–$7,764

$350K

$6,953–$9,058

Highlighted value is closest to median home value ($110K)

10 Overlapping Taxing Districtsi

Wildorado ISDUnit K-12i

60.2%1.3765%

$544K levied

Vega ISDUnit K-12i

56.9%1.3022%

$452K levied

Adrian ISDUnit K-12i

48%1.0987%

$312K levied

Friona ISDUnit K-12i

43.7%1.0001%

$21K levied

Hereford ISDUnit K-12i

35.2%0.8061%

$16.0M levied

Walcott ISDUnit K-12i

33.9%0.7753%

$581K levied

Deaf Smith Countyi

24.3%0.5563%

$14.1M levied

Deaf Smith County Hospital Districti

13.7%0.3141%

$7.7M levied

City of Herefordi

12.8%0.2918%

$2.9M levied

Amarillo JCD - Herefordi

2.1%0.0491%

$1.1M levied