Calculate using real Waco data. Median home price: $195,000. Property tax rate: 1.8%.
The effective property tax rate in Waco, TX is 1.8%. On the median home value of $195,000, that equals approximately $3,510 per year.
At the 1.8% effective rate, a $195,000 home in Waco, TX would pay about $3,510 annually, or $293 per month.
The 1.8% rate in Waco, TX is above the national average of roughly 1.1%.