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.

Murphy, 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. View plans →

Property Tax — Tax Year 2025 (payable 2026)i

TX Comptroller

Composite Ratei

1.45%–1.84%-0.8%YoY

Varies by school district

Municipal Portioni

0.3575%-1.4%YoY21.7% of total

Effective Ratei

1.45%–1.84%

Est. Annual Taxi

$8K–$10K

Median Home Valuei

$555,500

Total Leviedi

$3.1B

Tax Per Capitai

$670

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

$0.76 Lovejoy ISD

$0.76 Royse City ISD

$0.76 Blue Ridge ISD

$0.75 Anna ISD

$0.74 Leonard ISD

$0.74 Melissa ISD

$0.74 Farmersville ISD

$0.74 Prosper ISD

$0.73 Celina ISD

$0.73 Community ISD

$0.73 Princeton ISD

$0.73 Trenton ISD

$0.71 Wylie ISD

$0.71 Van Alstyne ISD

$0.69 Allen ISD

$0.67 McKinney ISD

$0.65 Rockwall ISD

$0.63 Plano ISD

$0.62 Frisco ISD

$0.59 Whitewright ISD

$0.52 Bland ISD

$0.22 City of Murphy

$0.09 Collin County

$0.05 Collin County Junior College District

Estimated Tax by Home Valuei

$300K

$4,335–$5,530

$400K

$5,780–$7,373

$500K

$7,225–$9,217

$600K

$8,670–$11,060

$700K

$10,115–$12,903

$800K

$11,560–$14,746

$900K

$13,005–$16,590

Highlighted value is closest to median home value ($556K)

24 Overlapping Taxing Districtsi

Lovejoy ISDUnit K-12i

76.3%1.2552%

$51.6M levied

Royse City ISDUnit K-12i

76.3%1.2552%

$4.9M levied

Blue Ridge ISDUnit K-12i

75.7%1.2452%

$6.5M levied

Anna ISDUnit K-12i

75.4%1.2399%

$50.7M levied

Leonard ISDUnit K-12i

74.5%1.2252%

$394K levied

Melissa ISDUnit K-12i

74.5%1.2245%

$59.6M levied

Farmersville ISDUnit K-12i

73.9%1.2150%

$16.7M levied

Prosper ISDUnit K-12i

73.8%1.2141%

$238.3M levied

Celina ISDUnit K-12i

73.5%1.2089%

$71.6M levied

Community ISDUnit K-12i

73.5%1.2077%

$36.1M levied

Princeton ISDUnit K-12i

73.4%1.2072%

$65.5M levied

Trenton ISDUnit K-12i

73.4%1.2072%

$326K levied

Wylie ISDUnit K-12i

71.5%1.1752%

$122.8M levied

Van Alstyne ISDUnit K-12i

71.5%1.1748%

$2.0M levied

Allen ISDUnit K-12i

68.5%1.1258%

$247.3M levied

McKinney ISDUnit K-12i

67.2%1.1043%

$312.0M levied

Rockwall ISDUnit K-12i

64.9%1.0669%

$10K levied

Plano ISDUnit K-12i

63.2%1.0395%

$722.5M levied

Frisco ISDUnit K-12i

62%1.0194%

$487.1M levied

Whitewright ISDUnit K-12i

59.5%0.9781%

$109K levied

Bland ISDUnit K-12i

52.1%0.8569%

$276K levied

City of Murphyi

21.7%0.3575%

$14.2M levied

Collin Countyi

9.1%0.1493%

$404.0M levied

Collin County Junior College Districti

4.9%0.0812%

$198.4M levied