The Colony property tax: where it goes
A The Colony house pays 1.889% of its taxable value in property tax. For a house at $464,462 of value before exemptions with the homestead exemption, that's about $7,118 a year.
Tax is levied on taxable value (appraised value less exemptions), at a rate per $100 of taxable value.
Who taxes this house
| Taxing agency | Rate | On $464,462 |
|---|---|---|
| City of The Colony | 0.6275% | $2,769 |
| Denton County | 0.1834% | $852 |
| Lewisville ISD (schools) | 1.0778% | $3,497 |
| Total | 1.889% | $7,118 |
2026 tax year, Denton County. Exemptions applied: School homestead exemption ($140,000); City of The Colony homestead exemption (5% of value, at least $5,000) ($23,223).
Ways to pay less
- Seniors 65+ or disabled: extra school exemption. School districts must give owners 65 or older or disabled an additional $60,000 homestead exemption on top of the $140,000 general one. How: File the residence homestead exemption application (Form 50-114) with the appraisal district.
- Disabled veterans rated 100%. A disabled veteran awarded 100 percent disability compensation for a service-connected disability, and rated 100 percent disabled or individually unemployable, gets a total property tax exemption on the homestead. How: The application is Form 50-114. Exemption applications are filed with the appraisal district in your county.
- Homestead cap: appraised value rises at most 10% a year. Once you have qualified your home for homestead exemptions in the prior and current year, its appraised value may not increase more than 10 percent per year (plus new improvements). How: Review your exemption status online at www.dentoncad.com.
Dates
| When | What |
|---|---|
| Jan 31 | Property taxes for the prior year are delinquent if not paid by January 31 (a mailed payment needs a postmark by then). |
| Jan 31 | Owners with an over-65 or disabled person exemption can pay in four installments (Jan 31, Mar 31, May 31, Jul 31) if they ask in writing. |
| Feb 1 | Unpaid taxes get 6% penalty and 1% interest in February, rising every month after. |
| Apr 30 | General deadline to file exemption applications: before May 1. |
| May 15 | Usual deadline to protest your appraised value (or 30 days after the notice is mailed, if later). |
Pay or manage it
Sources
- City of The Colony: Council lowers tax rate, adopts 2026-27 budget
- City of The Colony notice of meeting to vote on 2026 tax rate
- City of The Colony: DCAD property tax exemption changes
- Denton County: adopted FY 2026-27 budget and tax rate
- Lewisville ISD 2026-27 tax rate ordinance
- Lewisville ISD current tax rates
- Texas Comptroller: property tax exemptions
- Texas Comptroller: residence homestead exemptions table
- Texas Comptroller: valuing property (homestead cap)
- Texas Comptroller: property tax protests
- Denton County Tax Office FAQ
Checked October 21, 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.