Discount for Paying Property Taxes Early in Texas

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Broker/Flipper · Austin, TX · Member since 2013 · 4k+ posts · 4k+ votes

Just a reminder to check and see if your taxing authority gives you a discount for paying by October 31st. I own several properties in Texas where I get a 3% discount for paying by October 31st. 1% per month is not a bad return on investment

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Ethan G.
Attorney · Katy, TX · Member since 2014 · 397 posts · 215 votes
7y
I don't know any taxing authority in Houston area that does that, anyone else?
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Cody L.
Rental Property Investor · San Diego, CA · Member since 2013 · 3k+ posts · 4k+ votes
7y
Originally posted by @Greg H.:

Just a reminder to check and see if your taxing authority gives you a discount for paying by October 31st. I own several properties in Texas where I get a 3% discount for paying by October 31st. 1% per month is not a bad return on investment
Wait WHUT? I haven't heard of that. That would be huge. My tax bill is getting damn near $1m. 3% would save me close to $30k.

Are you talking about some small BFE towns or something? All my bills are on HCAD and I've not seen that.
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Greg H.Pro Member
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Broker/Flipper · Austin, TX · Member since 2013 · 4k+ posts · 4k+ votes
7y
@Cody L.
There are several thousand taxing authorities in Texas and a low percentage participate. I do not believe any of the major metropolitan areas such as Dallas, Houston, San Antonio or Austin participate
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Cody L.
Rental Property Investor · San Diego, CA · Member since 2013 · 3k+ posts · 4k+ votes
7y
Originally posted by @Greg H.:

@Cody L.
There are several thousand taxing authorities in Texas and a low percentage participate. I do not believe any of the major metropolitan areas such as Dallas, Houston, San Antonio or Austin participate
well that's a let down
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William E.
Investor · Pearland, TX · Member since 2016 · 246 posts · 136 votes
7y
@Greg H. can you provide a list of the ones that you know participate?
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Greg H.Pro Member
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Broker/Flipper · Austin, TX · Member since 2013 · 4k+ posts · 4k+ votes
7y
@William E.
Just look on your tax bill. If a discount is offered it will list a different amount due for October, November, December reflecting the discount
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Andrew Allen
Investor · Austin, TX · Member since 2017 · 91 posts · 106 votes
7y
Bell County does it.
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Mark Sewell
Investor · Houston, TX · Member since 2017 · 1k+ posts · 871 votes
7y
It would be interesting to cobble together a list of those counties that offer this, even if they are all rural communities.
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Mark Buskuhl
Investor · Plano, TX · Member since 2016 · 61 posts · 48 votes
7y
Wilson County offers the following discounts:
If paid in October, a 3% discount
If paid in November, a 2% discount
If paid in December, a 1% discount
Kendall County, Boerne ISD and Comfort ISD offer early payment discounts. 3% if paid in October, 2% if paid in November and 1% if paid in December.
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