Page 128 - CityofSouthlakeFY25AdoptedBudget

City Tax Bill Comparison

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2023 Tax Year

This chart shows a comparison of the amount for city tax bill on an average valued home for FY 2024 (2023
tax year). Southlake ranks at the top of this chart just behind University Park. This is in large part due to
the high value of residential property in Southlake and less to do with the tax rate. As shown on previous
pages, Southlake ranks in the lower third on the tax rate comparison and second to highest on the average
home value comparison.

2023 2023
2023
2023
City Average Home City Tax Bill City Average Home City Tax Bill
Value Value
Allen $578,999 $1,924 Grapevine $522,394 $910
Arlington $316,669 $1,329 Hurst $315,636 $1,304
Bedford $350,601 $1,479 Keller $642,198 $1,370
Carrollton $483,878 $1,758 McKinney $561,541 $1,993
Colleyville $891,366 $1,909 North Richland Hills $381,531 $1,314
Coppell $580,570 $2,415 Plano $914,267 $2,294
Euless $338,200 $1,151 Richardson $399,526 $1,836
Farmers Branch $395,455 $1,588 University Park $2,463,226 $3,862
Flower Mound $620,559 $2,055 Southlake $1,007,394 $2,571
Frisco $737,853 $2,138

128 FY 2025 City of Southlake | Budget Book