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.

Stephenville, 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. View plans →

Property Tax — Tax Year 2025 (payable 2026)i

TX Comptroller

Composite Ratei

1.40%–1.86%-1.2%YoY

Varies by school district

Municipal Portioni

0.4000%+4.5%YoY24.6% of total

Effective Ratei

1.40%–1.86%

Est. Annual Taxi

$3K–$4K

Median Home Valuei

$241,300

Total Leviedi

$77.1M

Tax Per Capitai

$404

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

$0.66 Santo ISD

$0.64 Lipan ISD

$0.61 Gordon ISD

$0.55 Stephenville ISD

$0.53 Lingleville ISD

$0.53 Dublin ISD

$0.53 Hico ISD

$0.52 Bluff Dale ISD

$0.50 Huckabay ISD

$0.50 De Leon ISD

$0.46 Iredell ISD

$0.41 Three Way ISD

$0.38 Morgan Mill ISD

$0.25 City of Stephenville

$0.23 Erath County

Estimated Tax by Home Valuei

$100K

$1,400–$1,859

$150K

$2,100–$2,788

$200K

$2,800–$3,717

$250K

$3,500–$4,646

$300K

$4,200–$5,576

$350K

$4,900–$6,505

$400K

$5,600–$7,434

Highlighted value is closest to median home value ($241K)

15 Overlapping Taxing Districtsi

Santo ISDUnit K-12i

66.1%1.0774%

$429K levied

Lipan ISDUnit K-12i

64.3%1.0469%

$439K levied

Gordon ISDUnit K-12i

60.9%0.9919%

$317K levied

Stephenville ISDUnit K-12i

54.5%0.8875%

$26.4M levied

Lingleville ISDUnit K-12i

53.2%0.8664%

$1.6M levied

Dublin ISDUnit K-12i

52.7%0.8585%

$4.9M levied

Hico ISDUnit K-12i

52.5%0.8552%

$1.1M levied

Bluff Dale ISDUnit K-12i

51.6%0.8400%

$2.6M levied

Huckabay ISDUnit K-12i

49.9%0.8134%

$2.6M levied

De Leon ISDUnit K-12i

49.6%0.8073%

$108K levied

Iredell ISDUnit K-12i

45.8%0.7457%

$561K levied

Three Way ISDUnit K-12i

41.1%0.6692%

$597K levied

Morgan Mill ISDUnit K-12i

38%0.6189%

$1.2M levied

City of Stephenvillei

24.6%0.4000%

$8.8M levied

Erath Countyi

23.4%0.3811%

$25.6M levied