Cypress, Texas Property Taxes: What you need to know

I have been getting a lot of questions lately about property taxes paid in Cypress. Many of you are moving from out of state and are not used to the different levels of tax we pay here in Cypress. Most homeowners in Cypress pay 3 taxes each year. What are these taxes used for? Well, they help pay for public schools, libraries, playgrounds, city streets, county roads, police, fire protection, emergency medical service and many other services. Listed below are the 3 property taxes you will pay upon moving to Cypress and buying a home.

1. Property Tax – HCAD: Cypress is located in Harris County. Every year homeowners in Harris County are subject to a property tax. Every October Harris County Appraisal District sends out tax bills with your current taxes due. You can also find out how much you owe on their website

2. School Taxes – Cypress Fairbanks Independent School District: No matter where you live in Harris County if you own a home you will have to pay school district taxes. Here in Cypress we pay CFISD school district taxes. These bills generally go out in October as well. You can find out how much tax you owe on their website as well

3. MUD Taxes – Municipal Utility District: Unless you own a home that is not in a MUD district you will have to pay this tax as well. A Municipal Utility District (MUD) is a special-purpose district or other governmental jurisdiction that provides public utilities (such as electricity, natural gas, sewage treatment, waste collection/management, wholesale telecommunications, water) to the residents of that district. Most instances of MUD taxes in Cypress are for sewage treatment, waste collection and management, and water services. There are numerous MUD districts in Cypress, check with your local real estate agent of HOA for the MUD district in your neighborhood.