Property Taxes in Southlake, Texas Explained for Relocation Home Buyers and Families Moving to Southlake
- Nitin Gupta, CRS, REALTOR
- Apr 29
- 4 min read
Relocating to Southlake, Texas?Understanding property taxes is a key part of making an informed home buying decision.
Southlake’s property taxes impact your total cost of ownership and your monthly mortgage payment, especially in the luxury market segment where home values are high.
This guide explains what relocation buyers and families moving to Southlake need to know about property taxes before purchasing a home.
What Is the Property Tax Rate in Southlake, Texas?
As of 2025, the combined property tax rate in Southlake typically ranges between 1.7% and 2.1% of the home’s assessed value, depending on the specific location within the city and school district.
The total property tax rate generally includes:
City of Southlake taxes
Tarrant County taxes
School district taxes (primarily Carroll ISD)
Hospital and college district taxes
Each taxing authority contributes a portion to the overall property tax bill.
How Property Taxes Are Calculated in Southlake
Southlake property taxes are calculated based on:
The assessed value of your home: Determined by the Tarrant Appraisal District (TAD) or Denton Central Appraisal District (DCAD), depending on the property's location.
The applicable combined tax rate: Including city, county, school district, and any special districts.
Example:If your Southlake home is assessed at $1,500,000 and the combined property tax rate is 1.9%, your estimated annual tax bill would be around $28,500.
Southlake Property Tax Exemptions
Southlake homeowners can reduce their taxable value by qualifying for several exemptions, which significantly lower annual property taxes.
Available exemptions include:
Homestead Exemption: Reduces the taxable value of a primary residence.
Over-65 Exemption: Provides additional reductions for homeowners aged 65 or older.
Disabled Persons Exemption: Available for qualifying homeowners.
Veterans Exemption: For disabled veterans or their surviving spouses.
Applying for exemptions is a critical step after purchasing your Southlake home.
Learn more about exemptions at the Tarrant Appraisal District:https://www.tad.org
How Property Taxes Affect Your Mortgage Payment
Most Southlake home buyers escrow their property taxes as part of their monthly mortgage payment.
Here’s how it works:
Your lender collects a portion of your estimated annual tax bill each month.
These funds are held in escrow until the property tax bill is due.
If property taxes rise (which is common as property values appreciate), your monthly payment may increase at your escrow review.
Planning ahead for potential tax adjustments is important, especially in a high-demand city like Southlake.
Why Southlake’s Property Taxes Are Worth It
Although Southlake's property tax rates are not the lowest in Texas, buyers consistently find exceptional value because of:
Nationally recognized schools in Carroll ISD
Outstanding parks, trails, and recreational amenities
Strong public safety services
High-end shopping and dining at Southlake Town Square
Prestigious neighborhoods and consistent property value appreciation
Southlake offers one of the highest standards of living in North Texas — and property taxes play a crucial role in maintaining these amenities.
Important Tips for Relocation Buyers
Double-check the property tax rate before making an offer — it can vary slightly by subdivision.
Ask your REALTOR® to estimate your full monthly housing cost including taxes.
File for homestead exemptions as soon as you are eligible after closing.
Budget for possible annual increases in your escrowed tax payment as your home appreciates.
Work with a Local Expert When Relocating to Southlake
Buying a luxury home in Southlake involves more than just finding the right property — it requires full understanding of all ownership costs, including taxes.
Working with a local Southlake real estate expert ensures:
Accurate estimates of tax liabilities
Strategic home searches based on lifestyle and financial goals
Connections with lenders, inspectors, and relocation specialists
Full concierge support from offer to closing
Ready to Relocate to Southlake, Texas?
Let’s work together to find your perfect luxury home in Southlake — and make your relocation smooth and informed.
Contact Us Today: https://www.nitinguptadfw.com/contact
Learn About Our Certifications: https://www.nitinguptadfw.com/certifications-and-designations
Summary: Understanding Property Taxes in Southlake for 2025
Southlake’s luxury housing market delivers unmatched quality of life — but understanding property taxes is essential to buying wisely.
By factoring property taxes into your overall homeownership plan, you can make confident, strategic decisions when relocating to Southlake.
Working with the right agent will ensure you maximize your exemptions, understand your total cost, and invest smartly in this premium market.
Please call us at 469-269-6541 for more details about Southlake and available homes!
About us: Southlake Luxury Real Estate Experts
As a Top Real Estate Professional in Southlake, I understand the challenges that arise when buying a luxury home in Southlake.
As a holder of top real estate industry certifications and designations like CRS, ABR & GRI, I can offer my clients experience as a Buyer's Agent and REALTOR®, top Industry Customer Service, in-depth, up-to-the-minute and comprehensive market knowledge; honesty, integrity, dedication, and professionalism in my business.
Whether you are a first time buyer in Southlake looking to buy a home in Southlake or whether you are relocating to Southlake from California or moving your entire family from areas like San Francisco, Fremont, Palo Alto, Los Angeles, San Diego in California due to job transfer with your company, I can help you find a luxury home in Southlake. Our relocation team eases the transition - whether you are moving across town or across the globe. We will work with you to find an area that best suits your professional, family and lifestyle needs. We have all the tools you need to help your home search. Whether it is video previews of homes, extended work hours, digital signatures for documents or more, we can make this process as comfortable as possible no matter where you are located.
What is most important to you in your new home in Southlake? Send us an email at info@NitinGuptaDFW.com or give us a call at (469) 269-6541 to schedule a no obligation consultation. We’ll give you honest advice about Southlake that you can use to help make your home buying decision.
