Local Fees and Taxes

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 2023 taxes and fees for the largest cities in Tarrant County.

Arlington
Population: 394,600
Tax Rate (per $100 valuation): $0.5898
Annual Per Unit Inspection Fee: $20.00

Water Rate (per 1,000 gallons): $4.06

Bedford
Population: 48,725
Tax Rate (per $100 valuation): $0.4957
Annual Per Unit Inspection Fee: $15
Water Rate (per 1,000 gallons): $3.72

 

Burleson
Population: 53,380
Tax Rate (per $100 valuation): $0.6325
Annual Per Unit Inspection Fee: none
Water Rate (per 1,000 gallons): $4.90

Euless
Population: 61,030
Tax Rate (per $100 valuation): $0.4575
Annual Per Unit Inspection Fee: $10 (capped at $1,200)
Water Rate (per 1,000 gallons): $6.61

 

Fort Worth
Population: 956,700
Tax Rate (per $100 valuation): $0.6725
Annual Per Unit Inspection Fee: $13
Water Rate (per 1,000 gallons): $2.70

Grand Prairie

Population: 201,000

Tax Rate (per $100 valuation): $0.6600
Annual Per Unit Inspection Fee: $12.60
Water Rate (per 1,000 gallons): $5.66

 

Grapevine
Population: 51,225
Tax Rate (per $100 valuation): $0.2505
Annual Per Unit Inspection Fee: $0
Water Rate (per 1,000 gallons): $4.43

Haltom City
Population: 46,075
Tax Rate (per $100 valuation): $0.5672
Annual Per Unit Inspection Fee: $14
Water Rate (per 1,000 gallons): $6.00

 

Hurst
Population: 39,630
Tax Rate (per $100 valuation): $0.5811
Annual Per Unit Inspection Fee: $18
Water Rate (per 1,000 gallons): $7.84

Keller

Population: 45,776
Tax Rate (per $100 valuation): $0.3120
Annual Per Unit Inspection Fee: none
Water Rate (per 1,000 gallons): $3.45

 

Mansfield
Population: 76,725
Tax Rate (per $100 valuation): $0.6592
Annual Per Unit Inspection Fee: $15.00
Water Rate (per 1,000 gallons): $4.21

North Richland Hills
Population: 70,660
Tax Rate (per $100 valuation): $0.4893
Annual Per Unit Inspection Fee: $12
Water Rate (per 1,000 gallons): $4.65