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 FY2025-26 budget and continues to have one of the lowest tax rates in the DFW region at .419009 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 28 years, and has been reduced nine times during that same period.
In fiscal year 2026, the City has adopted its lowest property tax rate 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 $450,635 home.
Lewisville has ranked number one in terms of best value in this survey for at least the past nine years.
| City | Tax Rate |
Property Tax |
Water |
Sewer |
Total Annual Charges |
|---|---|---|---|---|---|
| Lewisville | .422435 |
$1,817 |
$826 | $326 |
$3,243 |
| Coppell | .458632 |
$1,874 |
$702 |
$554 |
$3,450 |
| Carrollton |
.537500 | $1,849 |
$731 |
$635 |
$3,558 |
| Farmers Branch | .543500 | $1,870 |
$1,043 |
$575 |
$3,614 |
| Plano |
.417600 | $1,437 |
$875 |
$1,094 |
$3,698 |
| Frisco | .425517 |
$1,464 |
$965 |
$1,074 |
$3,861 |
| Allen |
.417500 |
$1,706 |
$1,007 |
$980 |
$3,983 |
| Arlington | .599800 | $2,064 | $663 | $915 | $4,018 |
| Addison |
.609822 |
$2,098 |
$792 |
$739 |
$4,024 |
| Irving | .589100 |
$2,027 |
$707 |
$750 |
$4,079 |
Property Tax Breakdown
Based on a median residential property tax bill of $6,606, the typical Lewisville household, 11% ($727) of taxes goes to Denton County, 24% ($1,585) goes to the City, and 65% ($4,294) goes to Lewisville ISD.
Based on the 2025-26 property tax rolls, one penny on the City tax rate generates approximately $2.154 million in tax revenue.
Department Budget Allocations
Twenty-four percent of Lewisville residents' property taxes go to the City of Lewisville. Based on the FY2025-26 property tax rates, that amount is $1,606.66 for median homeowner. Of that, $469.03 will be used to cover debt, while $1,137.64 is allocated to maintenance and operations, and is broken out as follows:
Public Safety: $559.62
Public Services:$184.75
Parks & Recreation: $112.73
Administration: $65.55
Information Technology: $53.50
Neighborhood/Inspections: $52.24
Non-Departmental: $27.99
Library Services: $20.79
Engineering: $20.44
Community Engagement: $14.89
Economic Development & Tourism/Planning: $13.17
Municipal Court: $11.96