Municipal Fees & Taxes
Local municipal fees and taxes.
Municipal Fees
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 |
