What are the Penalties for Not Paying Property Taxes in Texas?

Texans pay some of the highest home tax rates in the United States, but it’s important to pay on time and in full for not only your own benefit, but for others in the state. Property taxes serve an essential function for the state of Texas. They fund many government services, such as hospitals, schools, and emergency services. When left unpaid, property owners can expect a governmental sovereign lien on the property, resulting in added fees, penalties, and interest.  

These extra fees, penalties, and interest for property tax nonpayment can add up quickly and get expensive. In Texas, a property tax bill is due by January 31. After that, penalties accrue each month until the bill is paid in full. That’s a lot of extra dollars leaving your wallet. Did you know the average property owner in Texas pays $3,327 for their annual property tax bill? And if left unpaid for the calendar year, you can see a 43% increase and owe an additional $1,431!

Legal action can begin for continued nonpayment. This results in more aggressive collection tactics and possibly a delinquent attachment or – worst case – foreclosure. Homeowners can avoid this by taking action quickly and exploring delinquent property tax repayment options, such as a tax deferral for those who qualify, a payment plan, or a property tax loan. 

How Home Tax Solutions Can Help You Pay Your Property Taxes

Home Tax Solutions can help you pay your past due property taxes and protect your property from legal action. We offer flexible, low monthly payments at competitive interest rates, and our experienced team provides tax loan options for residents across the state and can help you understand your options and pay your overdue tax bill right away. Reach out and speak to a helpful team member and learn the steps you can take to stop collection efforts and accruing penalties and fees.