Murray property tax: where it goes
A Murray house pays 0.986% of its taxable value in property tax. For a house at $195,000 of market value, that's about $1,923 a year.
Tax is levied on Rates are per $100 of assessed value.
City rate is the one proposed at first reading in September 2026. County and state property tax rates are not included because no readable official source was found.
Who taxes this house
| Taxing agency | Rate | On $195,000 |
|---|---|---|
| City of Murray | 0.2944% | $574 |
| Murray Independent School District (schools) | 0.692% | $1,349 |
| Total | 0.986% | $1,923 |
2026 tax year, Murray Independent school district.
Ways to pay less
- Age 65+: homestead exemption. Homeowners at least 65 years of age can take $49,100 off the assessed value of their home for the 2025-2026 assessment years. How: File the homestead exemption application with the county property valuation administrator (PVA).
- Pay by November 1 for 2% off. If tax bills are mailed by October 1, taxpayers have until November 1 to pay their bill with a 2% discount. How: Pay the county tax bill by November 1.
Dates
| When | What |
|---|---|
| Nov 1 (in 9 days) | Last day for the 2% discount on the tax bill when bills are mailed by October 1. |
Sources
Checked October 22, 2026. Every number here comes from the public sources listed, matched by our checker.
Rates change every year; this page shows when it was last checked. Nothing here is legal, tax or insurance advice.