How to calculate tax for Plano house (Dallas, Fort Worth: buying, school district)

[ritzdi]

Hello,

I have seen the number 3% being thrown around as the property tax percentage (high end) for Plano.
However, I found this Collin county site that is not consistent with my "impression" of 3%.
http://www.co.collin.tx.us/tax_asses...x_history.html

Was I just mistaken or are Plano taxes really 0.488600%

District Code Entity 2011 Tax Rate
23 CPL PLANO CITY * 0.488600
73 SPL PLANO ISD * 1.373400


Also, what is the difference between Plano City and Plano ISD?

Thanks in advance!

[ObamneyI]

2012 tax rates taxing jurisdictions
combined city school county city school county
Addison 2.51% .58% 1.29% .64% Addison Dallas ISD Dallas
Allen 2.55% .55% 1.67% .33% Allen Allen ISD Collin
Argyle 2.16% .40% 1.48% .28% Argyle Argyle ISD Denton
Arlington 2.59% .65% 1.30% .64% Arlington Arlington ISD Tarrant
Azle 2.48% .65% 1.19% .64% Azle Azle ISD Tarrant
Balch Springs 2.87% .80% 1.42% .64% Balch Springs Mesquite ISD Dallas
Bartonville 1.96% .19% 1.48% .28% Bartonville Argyle ISD Denton
Bedford 2.55% .50% 1.41% .64% Bedford Hurst-Euless-Bedford ISD Tarrant
Benbrook 2.62% .66% 1.32% .64% Benbrook Fort Worth ISD Tarrant
Carrollton 2.59% .62% 1.33% .64% Carrollton Carrollton-Farmers Branch ISD Dallas
Cedar Hill 2.78% .70% 1.44% .64% Cedar Hill Cedar Hill ISD Dallas
Celina 2.61% .65% 1.64% .33% Celina Celina ISD Collin
Cockrell Hill 2.76% .82% 1.29% .64% Cockrell Hill Dallas ISD Dallas
Colleyville 2.32% .36% 1.32% .64% Colleyville Grapevine-Colleyville ISD Tarrant
Coppell 2.73% .67% 1.42% .64% Coppell Coppell ISD Dallas
Copper Canyon 2.04% .30% 1.45% .28% Copper Canyon Lewisville ISD Denton
Corinth 2.56% .61% 1.67% .28% Corinth1 Lake Dallas ISD Denton
Crowley 2.98% .67% 1.67% .64% Crowley Crowley ISD Tarrant
Dallas 2.73% .80% 1.29% .64% Dallas Dallas ISD Dallas
Dalworthington Gardens 2.20% .26% 1.30% .64% Dalworthington Gardens Arlington ISD Tarrant
Denton 2.50% .69% 1.53% .28% Denton Denton ISD Denton
DeSoto 2.84% .76% 1.44% .64% DeSoto DeSoto ISD Dallas
Double Oak 1.96% .22% 1.45% .28% Double Oak Lewisville ISD Denton
Duncanville 2.81% .74% 1.43% .64% Duncanville Duncanville ISD Dallas
Euless 2.52% .47% 1.41% .64% Euless Hurst-Euless-Bedford ISD Tarrant
Fairview 2.22% .36% 1.54% .33% Fairview Lovejoy ISD Collin
Farmers Branch 2.50% .53% 1.33% .64% Farmers Branch Carrollton-Farmers Branch ISD Dallas
Flower Mound 2.19% .45% 1.45% .28% Flower Mound Lewisville ISD Denton
Fort Worth 2.82% .86% 1.32% .64% Fort Worth Fort Worth ISD Tarrant
Frisco 2.25% .46% 1.46% .33% Frisco Frisco ISD Collin
Garland 2.60% .70% 1.25% .64% Garland Garland ISD Dallas
Glenn Heights 2.88% .80% 1.44% .64% Glenn Heights DeSoto ISD Dallas
Grand Prairie 2.78% .67% 1.47% .64% Grand Prairie Grand Prairie ISD Dallas
Grapevine 2.31% .35% 1.32% .64% Grapevine Grapevine-Colleyville ISD Tarrant
Haltom City 2.73% .65% 1.44% .64% Haltom City Birdville ISD Tarrant
Heath 2.20% .34% 1.47% .39% Rockwall Rockwall ISD Rockwall
Hickory Creek 2.38% .42% 1.67% .28% Hickory Creek Lake Dallas ISD Denton
Highland Park 2.00% .22% 1.13% .64% Highland Park Highland Park ISD Dallas
Highland Village 2.31% .57% 1.45% .28% Highland Village Lewisville ISD Denton
Hurst 2.66% .61% 1.41% .64% Hurst Hurst-Euless-Bedford ISD Tarrant
Irving 2.71% .60% 1.47% .64% Irving Irving ISD Dallas
Keller 2.62% .44% 1.54% .64% Keller Keller ISD Tarrant
Lake Dallas 2.66% .71% 1.67% .28% Lake Dallas Lake Dallas ISD Denton
Lancaster 2.93% .87% 1.42% .64% Lancaster Lancaster ISD Dallas
Lewisville 2.18% .44% 1.45% .28% Lewisville Lewisville ISD Denton
Little Elm 2.49% .66% 1.54% .28% Little Elm Little Elm ISD Denton
Lucas 2.07% .37% 1.37% .33% Lucas Plano ISD Collin
Mansfield 2.89% .71% 1.54% .64% Mansfield Mansfield ISD Tarrant
McKinney 2.45% .59% 1.54% .33% McKinney McKinney ISD Collin
Melissa 2.48% .61% 1.54% .33% Melissa Melissa ISD Collin
Mesquite 2.70% .64% 1.42% .64% Mesquite Mesquite ISD Dallas
Murphy 2.27% .57% 1.37% .33% Murphy Plano ISD Collin
N Richland Hills 2.69% .61% 1.44% .64% N Richland Hills Birdville ISD Tarrant
Parker 2.08% .38% 1.37% .33% Parker Plano ISD Collin
Plano 2.19% .49% 1.37% .33% Plano Plano ISD Collin
Prosper 2.52% .52% 1.67% .33% Prosper Prosper ISD Collin
Richardson 2.62% .64% 1.34% .64% Richardson Richardson ISD Dallas
Richland Hills 2.60% .53% 1.44% .64% Richland Hills Birdville ISD Tarrant
River Oaks 2.95% .86% 1.45% .64% River Oaks Castleberry ISD Tarrant
Roanoke 2.03% .38% 1.38% .28% Roanoke Northwest ISD Denton
Rockwall 2.36% .50% 1.47% .39% Rockwall Rockwall ISD Rockwall
Rowlett 2.64% .75% 1.25% .64% Rowlett Garland ISD Dallas
Sachse 2.67% .77% 1.25% .64% Sachse Garland ISD Dallas
Saginaw 2.67% .49% 1.54% .64% Saginaw Eagle Mountain-Saginaw ISD Tarrant
Southlake 2.50% .46% 1.40% .64% Southlake Carroll ISD Tarrant
Sunnyvale 2.46% .41% 1.41% .64% Sunnyvale Sunnyvale ISD Dallas
The Colony 2.42% .68% 1.45% .28% The Colony Lewisville ISD Denton
Trophy Club 2.41% .76% 1.38% .28% Trophy Club1 Northwest ISD Denton
University Park 2.06% .28% 1.13% .64% University Park Highland Park ISD Dallas
Watauga 2.67% .59% 1.44% .64% Watauga Birdville ISD Tarrant
Westlake 2.20% .16% 1.40% .64% Westlake Carroll ISD Tarrant
Wylie 2.87% .90% 1.64% .33% Wylie Wylie ISD Collin
1 City property tax rate includes Municipal Utility District (MUD) tax
Note: The property tax rates shown above may vary depending on both which entities have taxing authority in the area where a property is located and the exemption(s) for which the owner of a property qualifies.
Sources: Collin, Dallas, Denton, Rockwall and Tarrant Central Appraisal Districts.

[ObamneyI]

If you live in Plano you pay tax to Collin County, Plano City and PISD, if your school district is Frisco, Allen or Lewisville than your school district tax dollar go to them. Same way people who live in Plano's bordering cities and their homes feed to our schools, PISD gets their tax dollars.

[ritzdi]

Thank-you ObamneyI

[ObamneyI]

This will make it easier ...

Property Tax Calculator

[Johnhw2]

Originally Posted by ritzdi

Thank-you ObamneyI

If you find a home in Plano you are interested in buying you can find the recent taxes on it. All you need is the address. Go to Collin CAD (County Appraisal District) and search by address and it will come up.

Make note of the tax appraised value, if you may more or by some wild chance less, adjust the taxes to the price you might pay. Homes are supposed to be at market value in Texas.

Also note exemptions for the home you are searching, the exemptions will be listed on the page about taxes on that home. If you qualify for the same exemptions no need to adjust for them. Most common exemptions are home stead exemption, which means it is your primary residence. Another less common one is a senior exemption, you have to be 65 to get this one. The amount of the exemptions is something you can research if you need to adjust for differences in your sitution and the current owners exemptions.

Welcome to Tx...good luck with your move. Congratulations on the promotion to Texas too! At least that is how we look at it.

[ritzdi]

Thanks Johnhw2 - for the welcome and the info