Tax Rates

Sales Tax A sales tax is imposed on all retail sales, leases and rentals of most goods, as well as taxable services.  The State of Texas imposes a rate of 6 1/4% (.0625). As of April 1, 2007 the City of Grapevine imposes an additional local sales tax of 2% (.02) for a combined total of state and local sales tax of 8 1/4% (.0825). Property Tax The City of Grapevine is proposing a property tax rate of $0.35 per $100 of valuation for fiscal year 2011.  For example, the owner of a home assessed at $200,000 will owe taxes of $700.00. Click here to view the 2010 Truth-In-Taxation and Effective Tax Rate Statements. Overlapping Tax Rates In addition to city taxes, property within Grapevine is subject to taxation by the following jurisdictions:                                               2010                                     Taxes Due                                                Approved                        on $200,000 Entity                                               Tax Rate              Assessed Valuation Grapevine-Colleyville ISD            $1.290000                           $2,580.00 Tarrant County                         $0.264000                             $528.00 Tarrant County Hospital District   $0.227897                             $455.79 Tarrant County Junior College      $0.137670                             $275.34

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