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Lake Worth, Tarrant County, Texas Property Taxes

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Property Taxes in Lake Worth, Texas

  • Median Lake Worth, Texas effective property tax rate: 1.21%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.

  • Median Lake Worth, Texas home value: $230,434

  • Median annual Lake Worth, Texas tax bill: $2,917, higher than the national median property tax bill of $2,400.

How are property taxes in Tarrant County calculated?

Property taxes in Lake Worth, 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 Lake Worth's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lake Worth, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Lake Worth, Tarrant County, Texas Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.21%

Estimate Property Tax Bill

$2,788

$2,587

SAVE WITH OWNWELL

$774

Average Annual Tax Savings

How Does the Lake Worth Property Tax Calculator Work?

Use this Lake Worth property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Lake Worth's median effective tax rate of 1.21% — 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 Lake Worth'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 Lake Worth: rates range from 1.21% in 76135 to 1.21% in 76135, primarily due to differences in school district levies and local assessment districts.

Lake Worth's median property tax bill is $2,917, which is higher than the Texas median of $2,400 by $517. If your estimate is higher than expected, Ownwell can appeal your Lake Worth assessment — you only pay if we save you money.

About Lake Worth Property Taxes

About Property Taxes in Lake Worth, Tarrant, Texas

Lake Worth’s median effective property tax rate of 1.21% 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 Lake Worth. Homeowners in the 76135 ZIP code carry a median effective rate of 1.21%, while those in the same ZIP also pay 1.21%. This reflects how school district boundaries and local assessment districts are drawn across Tarrant County. Understanding which part of Lake Worth you live in can make a meaningful difference to your annual tax bill.

Lake Worth 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 above 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 Lake Worth, 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 Lake Worth's effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.

Property Tax Rates Across Lake Worth, Tarrant County, Texas

Source: Ownwell

1.08%

1.62%

2.16%

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 Lake Worth Tax Rate

1.21%

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 Lake Worth, Tarrant County, Texas

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
761350.33%0.62%1.21%1.87%2.12%

Source: Ownwell

Property Tax Assessment Values Across Lake Worth, Tarrant County, Texas

When examining property taxes in Lake Worth, 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 April 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. For example, the median home price in Lake Worth is $230,434, with tax bills ranging from $1,472 at the 25th percentile to $5,955 at the 90th percentile. The median tax bill is $2,917, compared with the national median property tax bill of $2,400.

Property Tax Assessment Values Across Lake Worth, Tarrant County, Texas

Source: Ownwell

$29,160

$1,515,580

$3,002,000

Median Lake Worth Market Value

$230,434

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 Lake Worth, Tarrant County, Texas

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
76135$164,000$189,103$230,434$316,935$382,396

Source: Ownwell

Property Tax Bills Across Lake Worth, Tarrant County, Texas

Property tax bills in Lake Worth are based on the assessed value of a home, which is then multiplied by the local tax rate. For Lake Worth homeowners, the median home price is $230,434, and tax bills can vary widely depending on the property’s assessed market value and any exemptions that apply. The 25th percentile tax bill is $1,472, while the 75th percentile tax bill is $4,240, showing how much bills can differ from one homeowner to another.

Compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400, Lake Worth homeowners may see bills that are higher or lower depending on how their property is assessed. Ownwell helps homeowners lower their property tax bills by reviewing assessments, identifying potential savings, and filing appeals when a home is overassessed.

Property Tax Bills Across Lake Worth, Tarrant County, Texas

Source: Ownwell

$1,758

$18,522

$35,286

Median Lake Worth Tax Bill

$2,917

Median Tarrant County Tax Bill

$4,642

Median Texas Tax Bill

$3,441

Median United States Tax Bill

$2,400

Property Tax Bills Across Lake Worth, Tarrant County, Texas

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
76135$559$1,472$2,917$4,240$5,955

Source: Ownwell

Don't miss the deadline to protest!

Frequently Asked Property Tax Questions in Lake Worth, Texas

How are property taxes calculated in Lake Worth, Texas?
Property taxes in Lake Worth, Texas are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.
How do I appeal my property taxes in Lake Worth, Texas?
To appeal your property taxes in Lake Worth, Texas, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.
What property tax exemptions are available in Lake Worth, Texas?
Common property tax exemptions in Lake Worth, Texas include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.
When are property taxes due in Lake Worth, Texas?
Property tax deadlines in Lake Worth, Texas vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.
How can Ownwell help reduce my property taxes in Lake Worth, Texas?
Ownwell provides professional property tax appeal services in Lake Worth, Texas. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.