Local Fees and Taxes

City tax rates

Property taxes and municipal fees are significant expenses for multifamily owners. Cities and school districts annually enact new tax rates and fees. These new rates and fees are effective October 1. Below is a quick summary of Fiscal Year 2021 taxes and fees for the largest cities in Tarrant County.

Fort Worth Population: 932,000 Tax Rate (per $100 valuation): $0.7475 Annual Per Unit Inspection Fee: $10 Water Rate (per 100 cubic feet): $2.69	Grapevine Population: 57,800 Tax Rate (per $100 valuation): $0.2829 Annual Per Unit Inspection Fee: $0 Water Rate (per 100 cubic feet): $5.41
Arlington Population: 402,000 Tax Rate (per $100 valuation): $0.6225 Annual Per Unit Inspection Fee: $13.80 Water Rate (per 100 cubic feet): $3.38	Bedford Population: 49,500 Tax Rate (per $100 valuation): $0.5719 Annual Per Unit Inspection Fee: $15 Water Rate (per 100 cubic feet): $4.24
North Richland Hills Population: 71,900 Tax Rate (per $100 valuation): $0.5757 Annual Per Unit Inspection Fee: $12 Water Rate (per 100 cubic feet): $2.53	Burleson Population: 50,000 Tax Rate (per $100 valuation): $0.7111 Annual Per Unit Inspection Fee: none Water Rate (per 100 cubic feet): $5.32
Mansfield Population: 76,250 Tax Rate (per $100 valuation): $0.6900 Annual Per Unit Inspection Fee: none Water Rate (per 100 cubic feet): $4.11	Haltom City Population: 44,350 Tax Rate (per $100 valuation): $0.6657 Annual Per Unit Inspection Fee: $14 Water Rate (per 100 cubic feet): $7.80
Euless Population: 58,000 Tax Rate (per $100 valuation): $0.4625 Annual Per Unit Inspection Fee: $10 (capped at $1,200) Water Rate (per 100 cubic feet): $4.21	Hurst Population: 38,950 Tax Rate (per $100 valuation): $0.6100 Annual Per Unit Inspection Fee: $18 Water Rate (per 100 cubic feet): $7.18