Colleyville, Tarrant County, Texas Property Taxes
Property Taxes in Colleyville, Texas
Median Colleyville, Texas effective property tax rate: 1.20%, significantly lower than the national median of 1.02%, and higher than the Texas state median of 1.48%.
Median Colleyville, Texas home value: $791,067
Median annual Colleyville, Texas tax bill: $9,437, $7,037 higher than the national median property tax bill of $2,400.
How are property taxes in Tarrant calculated?
Property taxes in Colleyville, Texas are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Colleyville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Colleyville, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Colleyville, Tarrant County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.2%
Estimate Property Tax Bill
$9,493
$8,809
$774
Average Annual Tax Savings
How Does the Colleyville Property Tax Calculator Work?
Use this Colleyville property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Colleyville's median effective tax rate of 1.20% — based on actual property records in Tarrant County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Colleyville's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Colleyville: rates range from 1.20% in 76034 to 1.20% in 76034, primarily due to differences in school district levies and local assessment districts.
If your estimate is higher than expected, Ownwell can appeal your Colleyville assessment — you only pay if we save you money.
About Colleyville Property Taxes
About Property Taxes in Colleyville, Tarrant, Texas
Colleyville’s median effective property tax rate of 1.20% is lower than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Tarrant County base levy combined with local school district levies and Municipal Utility Districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Colleyville. Homeowners in the 76034 ZIP code carry a median effective rate of 1.20%, while the lowest ZIP code also sits at 1.20%. Even when rates are the same, assessed value and local taxing jurisdictions can still shape the final bill.
Colleyville homeowners who believe their assessed value is too high can file a formal appeal with the local Appraisal District before the May 15, 2026 deadline each year.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Colleyville, Tarrant County, Texas
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Colleyville's effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Colleyville Tax Rate
1.20%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Tarrant County Tax Rate
1.52%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Colleyville, Tarrant County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76034 | 0.62% | 0.97% | 1.20% | 1.42% | 1.66% |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Assessment Values Across Colleyville, Tarrant County, Texas
When examining property taxes in Colleyville, Texas, understanding the distinction between market value and assessed value is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Tarrant County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Tarrant County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of April.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Colleyville.
For example, the median home price in Colleyville is $791,067, with tax bills ranging significantly across the county. 76034 has the highest median home price at $791,067.
Property Tax Assessment Values Across Colleyville, Tarrant County, Texas
Source: Ownwell
$29,160
$1,515,580
$3,002,000
Median Colleyville Market Value
$791,067
Median Tarrant County Market Value
$303,590
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Colleyville, Tarrant County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76034 | $493,593 | $620,720 | $791,067 | $1,051,046 | $1,383,070 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Bills Across Colleyville, Tarrant County, Texas
Property tax bills in Colleyville are based on the assessed value of a home and the local tax rates set by taxing authorities. When a property’s market value rises, the assessed value can increase too, which often leads to a higher tax bill. For homeowners, that means a larger annual expense tied directly to how the home is valued for tax purposes.
In Colleyville, the median home price is $791,067, and the median property tax bill is $9,437 in ZIP code 76034. That is well above the national median property tax bill of $2,400, showing how much higher property taxes can be in this area. Bills can vary widely, with the 25th percentile at $6,470 and the 75th percentile at $13,338, so many homeowners pay significantly more or less depending on their assessed value and local rates.
Ownwell helps homeowners lower property tax bills by identifying opportunities to appeal an unfair assessment and pursue savings.
Median Colleyville Tax Bill
$9,437
Median Tarrant County Tax Bill
$4,642
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Colleyville, Tarrant County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76034 | $3,692 | $6,470 | $9,437 | $13,338 | $17,871 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | January 31 |
Links | |
|---|---|
| Tarrant Appraisal District | |
| Phone | (817) 284-0024 |
| Website | tarrant.prodigycad.com |