The City of Irving has proposed a property tax rate of $0.589100 per $100 of taxable value for the 2025 tax year. This rate is higher than the No-New-Revenue Tax Rate of $0.538570, meaning the city would collect more property tax revenue from existing properties than it did in 2024. However, the proposed rate is below the Voter-Approval Tax Rate of $0.629372, so the city is not required to hold an election to adopt this rate.
Understanding the Tax Rates:
-
Proposed Tax Rate:
-
$0.589100 per $100 of taxable value
-
This is the rate the City Council is considering for adoption for 2025.
-
-
No-New-Revenue Tax Rate:
-
$0.538570 per $100
-
This is the rate that would generate the same amount of revenue from existing properties taxed in both 2024 and 2025.
-
The city’s proposed rate exceeds this, which means most property owners will see an increase in their property tax bill, even if their property was not reappraised.
-
-
Voter-Approval Tax Rate:
-
$0.629372 per $100
-
This is the maximum rate the city may adopt without voter approval.
-
The proposed rate is below this threshold, so no tax rate election is required.
-
Impact on the Average Irving Homeowner:
| Category | 2024 | 2025 (Proposed) | Change |
|---|---|---|---|
| Tax Rate (per $100) | $0.589100 | $0.589100 | No change |
| Avg. Taxable Home Value | $304,927 | $330,656 | +8.44% |
| Tax on Avg. Home | $1,796.32 | $1,947.89 | +$151.57 (8.44%) |
| Total Tax Levy (All Properties) | $207,768,060 | $230,215,352 | +$22.4 million (10.80%) |
Even though the tax rate remains unchanged, homeowners will pay more because taxable home values have increased by over 8 percent.
How to Estimate Your Property Taxes:
You can calculate your 2025 property tax bill using this formula:
Tax = (Proposed Tax Rate ÷ 100) × Taxable Property Value
Example:
If your home is valued at $330,656, your estimated 2025 tax is:
(0.5891 ÷ 100) × 330,656 = $1,947.89
Public Input and Hearings:
While a public election is not required, residents can still provide feedback to the Irving City Council:
-
Contact your City Council member
-
Attend scheduled public hearings
-
Submit written or verbal comments in support or opposition
Where the Money Goes:
Revenue from property taxes helps fund essential city services, including:
-
Public safety (police, fire, emergency medical)
-
Streets and infrastructure
-
Parks and recreation
-
Libraries and community services
-
City employee salaries and pensions
Additional Questions?
For assistance with tax calculations, contact the tax assessor for City of Irving at (972) 721-2493 or visit IrvingTX.gov/Property-Tax for more information.
- FY 2025-26 Budget Cover Page
- Notice of 2025 Tax Rates
- Tax Code Section 26.18 Form
- FY 2025-26 Proposed Budget Book 1 | Book 2
The 86th Texas Legislature previously reformed how tax rates are calculated by capping increases unless voters approve. These changes aim to limit rapid property tax growth statewide while still allowing cities to fund operations. For more information vist Texas.gov/PropertyTaxes.
