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.

Leonard, 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

1.60%–2.13%-3.7%YoY

Varies by school district

Municipal Portioni

0.5381%-2.1%YoY28.9% of total

Effective Ratei

1.60%–2.13%

Est. Annual Taxi

$3K–$3K

Median Home Valuei

$161,100

Total Leviedi

$59.9M

Tax Per Capitai

$432

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

$0.67 Blue Ridge ISD

$0.66 Leonard ISD

$0.65 Trenton ISD

$0.54 Bonham ISD

$0.53 Whitewright ISD

$0.50 Wolfe City ISD

$0.47 Ector ISD

$0.47 Honey Grove ISD

$0.46 Sam Rayburn ISD

$0.44 North Lamar ISD

$0.43 Fannindel ISD

$0.41 Dodd City ISD

$0.38 Savoy ISD

$0.29 City of Leonard

$0.19 Fannin County

Estimated Tax by Home Valuei

$50K

$798–$1,067

$100K

$1,596–$2,134

$150K

$2,393–$3,200

$200K

$3,191–$4,267

$250K

$3,989–$5,334

$300K

$4,787–$6,401

$350K

$5,585–$7,468

Highlighted value is closest to median home value ($161K)

15 Overlapping Taxing Districtsi

Blue Ridge ISDUnit K-12i

66.8%1.2452%

$160K levied

Leonard ISDUnit K-12i

65.7%1.2252%

$4.8M levied

Trenton ISDUnit K-12i

64.7%1.2072%

$6.1M levied

Bonham ISDUnit K-12i

54.1%1.0088%

$16.1M levied

Whitewright ISDUnit K-12i

52.5%0.9781%

$656K levied

Wolfe City ISDUnit K-12i

50.4%0.9396%

$127K levied

Ector ISDUnit K-12i

47.3%0.8819%

$1.1M levied

Honey Grove ISDUnit K-12i

46.5%0.8662%

$4.2M levied

Sam Rayburn ISDUnit K-12i

45.5%0.8487%

$2.1M levied

North Lamar ISDUnit K-12i

43.8%0.8169%

$13K levied

Fannindel ISDUnit K-12i

42.6%0.7952%

$845K levied

Dodd City ISDUnit K-12i

41.2%0.7689%

$1.7M levied

Savoy ISDUnit K-12i

37.9%0.7072%

$2.2M levied

City of Leonardi

28.9%0.5381%

$1.1M levied

Fannin Countyi

18.8%0.3503%

$18.8M levied