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Updated 2025 Tax Year

Wise County
Property Tax Guide

Everything you need to know about property taxes in Wise County, TX. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Quick Facts
Tax Rate
2.0% to 2.8% of assessed value (varies by municipality, school district, and special taxing districts)
1st Due
Jan 31
Exemptions
5+ Available
Section 1

How Property Tax Works

Wise County, Texas operates under a property tax system that funds essential county services, school districts, and various special taxing districts throughout the region. Property taxes are the primary revenue source for local government operations, including schools, emergency services, road maintenance, and public safety. The county follows Texas state property tax law, with assessments based on market value as of January 1st each year.

Property tax rates in Wise County vary significantly depending on your specific location within the county, as different municipalities, school districts, and special taxing districts each levy their own rates. The combined effective tax rate typically ranges from approximately 2.0% to 2.8% of assessed value, depending on which taxing jurisdictions serve your property. The Wise County portion of your tax bill represents just one component, with school district taxes typically comprising the largest share of your total property tax obligation.

Section 2

What Makes Up Your Tax Bill

ComponentRate per $100Description
Wise County$0.2175County operations, roads, public safety (FY 2025)
School District$1.00-$1.35Varies by district (e.g., Boyd ISD, Decatur ISD, etc.)
Municipal$0.15-$0.65City services (varies by incorporated area)
Hospital District$0.05-$0.15Emergency medical services (where applicable)
Water/Utility Districts$0.02-$0.25Infrastructure and utilities (location-specific)
Total Estimated Range$2.00-$2.80Combined rate varies by location

Note: These rates apply to the 2025 tax levy year. Your actual rate depends on which specific taxing districts serve your property address. The Wise County Commissioners' Court recommended reducing the county rate from $0.275 to $0.2175 per $100 valuation for 2025.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Wise County, property taxes are due in two installments:

First Installment
Jan 31
Delinquent after Dec 10
Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental property taxes in Wise County are triggered when there are significant changes to property ownership, improvements, or assessments that occur after the January 1st assessment date. The most common triggers include new construction completion, major renovations adding value, ownership transfers that remove exemptions, or successful appeals that increase assessed value mid-year.

Supplemental taxes are calculated by applying the current tax rate to the difference between the new assessed value and the original assessed value, prorated for the remaining months in the tax year. For example, if you complete a $100,000 home addition in July and your total tax rate is 2.5%, you would owe a supplemental tax of approximately $1,250 ($100,000 × 0.025 × 6/12 months) for the remaining half of the tax year. These supplemental bills are issued separately from your annual tax bill and are due upon receipt.

Example Calculation

Example 1: $300,000 Home with Homestead Exemption

  • Market Value: $300,000
  • School Homestead Exemption: $100,000 (application required)
  • Net Taxable Value: $200,000
  • Tax Rate: 2.4% (estimated combined rate)
  • Annual Tax: $4,800
  • Monthly Escrow: $400

Example 2: $600,000 Home with Homestead Exemption

  • Market Value: $600,000
  • School Homestead Exemption: $100,000 (application required)
  • Net Taxable Value: $500,000
  • Tax Rate: 2.4% (estimated combined rate)
  • Annual Tax: $12,000
  • Monthly Escrow: $1,000

Example 3: $1,000,000 Home with Homestead Exemption

  • Market Value: $1,000,000
  • School Homestead Exemption: $100,000 (application required)
  • Net Taxable Value: $900,000
  • Tax Rate: 2.4% (estimated combined rate)
  • Annual Tax: $21,600
  • Monthly Escrow: $1,800

Note: These examples use estimated combined rates. Actual rates vary by location within Wise County. The homestead exemption requires annual application and only applies to your primary residence.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Wise County require property tax escrow accounts to ensure timely payment of property taxes. Your lender collects monthly payments equal to 1/12th of your estimated annual tax bill, holding these funds in a separate escrow account. When your tax bill becomes due in October/November, your lender pays the taxes directly to the Wise County Tax Office on your behalf.

Lenders typically conduct annual escrow analyses to ensure adequate funds are collected. If taxes increase significantly, you may face an escrow shortage requiring either a lump sum payment or increased monthly payments. Since Wise County tax bills are due January 31st annually, lenders usually pay in December or January to avoid penalties. You should receive an annual escrow statement showing all deposits, payments, and account balances. Property owners remain ultimately responsible for ensuring taxes are paid even when using escrow, so verify your lender has made timely payments.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Wise County for the current tax year? A: Tax bills are mailed in October and are due upon receipt. The final deadline is January 31st of each year to avoid penalties and interest charges.

Q: What homestead tax credits are available and how do I apply? A: The primary benefit is the $100,000 school district homestead exemption for your primary residence, which requires annual application with the Wise County Appraisal District. Additional exemptions may be available for seniors (65+), disabled veterans, and disabled persons - all requiring separate applications with specific documentation.

Q: How does the homestead exemption work? A: The homestead exemption provides two benefits: it removes $100,000 from your taxable value for school taxes, and it caps annual assessment increases at 10% for your primary residence. This is NOT automatic - you must file an application with supporting documentation proving primary residency.

Q: When does the Wise County Appraisal District assess properties? A: Properties are assessed annually based on market value as of January 1st. Assessment notices are typically mailed in April/May, with protest deadlines usually in late May. You have the right to appeal your assessment if you believe it's inaccurate.

Q: What are the penalties for late property tax payments? A: Penalties begin February 1st if taxes aren't paid by January 31st. Penalty rates start at 6% in February, increase to 7% in March, 8% in April, and 9% in May. Interest also accrues at 1% per month on unpaid balances.

Q: Can I pay my property taxes online? A: Yes, Wise County typically offers online payment options through their official website. Contact the Wise County Tax Office for current online payment methods, accepted payment types, and any associated convenience fees.

Q: Why do property tax rates vary within Wise County? A: Your total tax rate depends on which school district, municipality, and special districts serve your property. For example, properties in Boyd ISD have different school tax rates than those in Decatur ISD, and incorporated areas pay additional city taxes that rural areas don't pay.

Q: What happens if I disagree with my property assessment? A: You can file a protest with the Wise County Appraisal Review Board, typically by late May each year. You'll need evidence supporting your claimed value, such as recent appraisals, comparable sales, or documentation of property condition issues. The protest process is free and can be done without hiring representation.

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