City of Lewisville, TX
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Lewisville offers high-quality municipal services to its residents and business community, while maintaining a balanced budget, healthy reserve fund, and one of the lowest combined tax rates in North Texas.
Property Tax Rate History
The City passed a balanced FY2024-25 budget and continues to have one of the lowest tax rates in the DFW region at .422435 per $100 assessed valuation.
The chart below shows a history of Lewisville property tax rates. The city's tax rate has increased just three times in the past 27 years, and has been reduced eight times during that same period.
This is the second lowest property tax rate for Lewisville since 1987.
Value of Lewisville City Services
The chart below illustrates the findings of a survey conducted by the City of Carrollton. The survey compares cities to determine best value of all city services to residents. The full survey includes property and sales tax, water and sewer bills, drainage, and garbage collection, based on a $447,553 home.
Lewisville has ranked number one in terms of best value in this survey for at least the past eight years.
| City | Tax Rate |
Property Tax |
Water |
Sewer |
Total Annual Charges |
|---|---|---|---|---|---|
| Lewisville | .422435 |
$1,848 |
$826 | $326 |
$3,269 |
| Carrollton | .538750 |
$1,886 |
$686 |
$589 |
$3,473 |
| Coppell |
.462222 | $1,921 |
$702 |
$554 |
$3,489 |
| Farmers Branch | .541500 | $1,895 |
$1,043 |
$575 |
$3,513 |
| Plano |
.417600 | $1,462 |
$849 |
$1,103 |
$3,706 |
| Allen |
.418900 |
$1,741 |
$937 |
$921 |
$3,876 |
| Frisco |
.425517 |
$1,583 |
$965 |
$1,074 |
$3,980 |
| Addison |
.609822 |
$2,135 |
$792 |
$739 |
$4,053 |
| Irving | .589100 |
$2,062 |
$738 |
$719 |
$4,097 |
| Fort Worth | .677300 |
$2,371 |
$768 |
$773 |
$4,222 |
Property Tax Breakdown
Based on a median residential property tax bill of $6,405, the typical Lewisville household, 11% ($698) of taxes goes to Denton County, 24% ($1,569) goes to the City, and 65% ($4,151) goes to Lewisville ISD.
Based on the 2024-25 property tax rolls, one penny on the City tax rate generates approximately $2.049 million in tax revenue.
Department Budget Allocations
Twenty-four percent of Lewisville residents' property taxes go to the City of Lewisville. Based on the FY2024-25 property tax rates, that amount is $1,569 for median homeowner. Of that, $454.23 will be used to cover debt, while $1,114.47 is allocated to maintenance and operations, and is broken out as follows:
Public Safety: $549.68
Public Services:$180.93
Parks & Recreation: $112.14
Administration: $66.07
Neighborhood/Inspections: $51.66
Information Technology: $50.43
Engineering: $19.27
Library Services: $20.74
Non-Departmental: $23.62
Community Relations & Tourism: $15.05
Economic Development/Planning: $13.06
Municipal Court: $11.85