Murphy property tax estimator

Estimated 2025 bill

$5,762

about $480 a month · 1.28% of market value

Taxed on $450,000

Plano ISD$3,223
Taxable value $310,000 × 1.0395
State homestead −$140,000
Murphy$1,609
Taxable value $450,000 × 0.3575
Collin County$638
Taxable value $427,500 × 0.1493
Local homestead (5%) −$22,500
Collin County Junior College District$292
Taxable value $360,000 × 0.0812
Local homestead (20%) −$90,000
Total$5,762

Taxing unit	Rate per $100	Exemptions	Taxable value	Tax
Plano ISD	1.0395	State homestead −$140,000	$310,000	$3,223
Murphy	0.3575	—	$450,000	$1,609
Collin County	0.1493	Local homestead (5%) −$22,500	$427,500	$638
Collin County Junior College District	0.0812	Local homestead (20%) −$90,000	$360,000	$292
Total				$5,762

Your home

Market value

What it would sell for — the appraisal district's market value, not the taxable one.

School district

Murphy crosses district lines; check which one your address is in.

This is my primary residenceYou have filed (or will file) the homestead exemption with the appraisal district.

Owner

Under 6565 or olderDisabled

Disabled veteran rating

Apply the homestead appraisal capAppraised value can rise at most 10% a year once the exemption is in place, so a home bought years ago is taxed well under its market value.

Rates: Texas Comptroller, 2025 statewide rates and levies. Exemptions from the appraisal districts below. Not a bill — the appraisal district's notice is the number that counts.

Collin Central Appraisal District, entity list · 2026-09