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.

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

MSALongview#2/25 Population

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

1.61%–2.21%-1.5%YoY

Varies by school district

Municipal Portioni

0.5815%+0.4%YoY30.4% of total

Effective Ratei

1.61%–2.21%

Est. Annual Taxi

$2K–$3K

Median Home Valuei

$141,400

Total Leviedi

$121.3M

Tax Per Capitai

$383

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 New Diana ISD

$0.59 Ore City ISD

$0.52 Elysian Fields ISD

$0.50 Marshall ISD

$0.47 Waskom ISD

$0.43 Harleton ISD

$0.41 Hallsville ISD

$0.36 Karnack ISD

$0.30 City of Marshall

$0.18 Harrison County

Estimated Tax by Home Valuei

$50K

$805–$1,106

$100K

$1,610–$2,211

$150K

$2,415–$3,317

$200K

$3,220–$4,422

$250K

$4,025–$5,528

$300K

$4,830–$6,634

$350K

$5,635–$7,739

Highlighted value is closest to median home value ($141K)

10 Overlapping Taxing Districtsi

New Diana ISDUnit K-12i

67.4%1.2869%

$111K levied

Ore City ISDUnit K-12i

58.7%1.1212%

$40K levied

Elysian Fields ISDUnit K-12i

51.8%0.9896%

$8.2M levied

Marshall ISDUnit K-12i

49.8%0.9522%

$29.9M levied

Waskom ISDUnit K-12i

47.3%0.9037%

$7.2M levied

Harleton ISDUnit K-12i

42.7%0.8163%

$1.9M levied

Hallsville ISDUnit K-12i

40.7%0.7772%

$26.6M levied

Karnack ISDUnit K-12i

35.9%0.6857%

$2.7M levied

City of Marshalli

30.4%0.5815%

$9.1M levied

Harrison Countyi

17.9%0.3428%

$35.5M levied