The city of Kyle approved the first of two readings of the fiscal year 2025-26 proposed property tax rate of $0.5957 per $100 of taxable value—an increase of $0.1264 from the previous tax year, according to city documents.

This would be a 26.93% increase in the property tax rate.

The details

Kyle Finance Director Perwez A. Moheet said the average home value in 2025 is $324,727 with an average net tax bill of $1,640.69 with the proposed rate, and the average home value for 2024 is $315,422 with an average net tax bill of $1,336.22.

The average home tax bill would increase by $304.47.


What’s next

The second public hearing and final vote on the tax rate is set for Sept. 16.