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.

Malone, 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

1.67%–2.18%+2.1%YoY

Varies by school district

Municipal Portioni

0.3953%-1%YoY20.6% of total

Effective Ratei

1.67%–2.18%

Est. Annual Taxi

$2K–$3K

Median Home Valuei

$117,600

Total Leviedi

$74.3M

Tax Per Capitai

$202

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

$0.65 Hubbard ISD

$0.63 Frost ISD

$0.61 Rio Vista ISD

$0.60 Covington ISD

$0.59 Hillsboro ISD

$0.58 Aquilla ISD

$0.56 Abbott ISD

$0.55 Milford ISD

$0.54 Mount Calm ISD

$0.52 Grandview ISD

$0.52 Bynum ISD

$0.51 Blum ISD

$0.49 Whitney ISD

$0.49 Dawson ISD

$0.47 Penelope ISD

$0.44 West ISD

$0.44 Itasca ISD

$0.42 Malone ISD

$0.38 Axtell ISD

$0.23 Hill County

$0.21 City of Malone

$0.04 Hill County Junior College District

Estimated Tax by Home Valuei

$50K

$835–$1,088

$100K

$1,670–$2,176

$150K

$2,505–$3,264

$200K

$3,341–$4,352

$250K

$4,176–$5,441

$300K

$5,011–$6,529

$350K

$5,846–$7,617

Highlighted value is closest to median home value ($118K)

22 Overlapping Taxing Districtsi

Hubbard ISDUnit K-12i

64.7%1.2451%

$1.9M levied

Frost ISDUnit K-12i

63.4%1.2197%

$188K levied

Rio Vista ISDUnit K-12i

61.4%1.1810%

$39K levied

Covington ISDUnit K-12i

59.7%1.1479%

$1.8M levied

Hillsboro ISDUnit K-12i

59.4%1.1425%

$13.0M levied

Aquilla ISDUnit K-12i

57.8%1.1107%

$1.6M levied

Abbott ISDUnit K-12i

56%1.0766%

$4.3M levied

Milford ISDUnit K-12i

54.6%1.0506%

$634K levied

Mount Calm ISDUnit K-12i

53.8%1.0353%

$835K levied

Grandview ISDUnit K-12i

51.8%0.9966%

$86K levied

Bynum ISDUnit K-12i

51.7%0.9952%

$1.4M levied

Blum ISDUnit K-12i

51.4%0.9885%

$2.7M levied

Whitney ISDUnit K-12i

49.5%0.9511%

$9.6M levied

Dawson ISDUnit K-12i

48.9%0.9399%

$34K levied

Penelope ISDUnit K-12i

47.2%0.9072%

$1.5M levied

West ISDUnit K-12i

44.1%0.8475%

$90K levied

Itasca ISDUnit K-12i

44%0.8454%

$4.4M levied

Malone ISDUnit K-12i

42%0.8071%

$842K levied

Axtell ISDUnit K-12i

38.4%0.7392%

$9K levied

Hill Countyi

23.5%0.4526%

$25.5M levied

City of Malonei

20.6%0.3953%

$57K levied

Hill County Junior College Districti

4.3%0.0832%

$3.9M levied