What You’ll Pay in Property Taxes in Lewisville
In 2025, the typical property tax rate in Lewisville is around 0.9% of a home’s assessed value annually. Property taxes in Lewisville are generally in line with the state average, typically falling between 0.8%–1.2% per year. For a home valued at $300,000, that translates to approximately $2,700 in annual property taxes.
It’s important to note that property tax rates can vary slightly based on the specific neighborhood and any applicable exemptions or deductions. Homeowners should carefully review their annual property tax assessment and consult with a local tax professional to ensure they are paying the correct amount and taking advantage of any available tax breaks.
How HOA Fees Work in Lewisville
In addition to property taxes, many homeowners in Lewisville are also responsible for paying monthly Homeowners Association (HOA) fees. These fees cover the costs of maintaining and operating common areas and amenities within a community. Typical services and features covered by HOA fees include:
- Trash collection and recycling
- Landscaping and lawn care for common areas
- Community pool and fitness center access
- Security patrols or gated entry
- Clubhouse and park maintenance
- Exterior upkeep of townhomes or condos
The specific amenities and services covered will vary by community. In Lewisville, HOAs often include irrigation or xeriscaping services to help minimize water usage and maintain attractive landscaping in the Texas climate. It’s crucial for homeowners to carefully review their community’s HOA agreement to understand what is and isn’t included in their monthly fees.
Typical Monthly HOA Costs
HOA fees in Lewisville typically range from $70 to $200 per month, with the average falling around $120/month. However, fees can vary significantly based on the community’s size, amenities, and level of service. Here’s a quick comparison:
| Type of Community | Typical Monthly HOA Fee |
|---|---|
| Low-amenity neighborhood | $70 – $100 |
| Average suburban development | $100 – $150 |
| Luxury or amenity-heavy community | $150 – $250+ |
| Example: $295k home with 0.8% tax + $150 HOA | $345 per month |
For most homeowners, the most cost-effective option is a neighborhood with core amenities and monthly fees in the $70 to $120 range. This provides access to community perks and maintains property values without adding too much to the monthly housing budget.
Hidden or Seasonal Fees to Expect
Beyond monthly HOA dues, homeowners in Lewisville should be aware of potential hidden or seasonal fees, such as:
- Annual HOA assessment or maintenance fees
- New resident or move-in fees
- Pet registration or amenity access charges
- Parking permit or reserved space fees
- Bulk item disposal or extra trash pickup costs
During the summer months, some Lewisville communities may also charge residents additional fees for irrigation usage or seasonal landscaping costs. These surcharges can add $20 to $50 per month to the typical household expenses. Prospective buyers should ask about seasonal fees and thoroughly review the HOA budget before purchasing a home.
Are These Costs Worth It?
For many homeowners, paying property taxes and HOA fees is a worthwhile tradeoff for the benefits of living in a well-maintained community. HOAs often provide enhanced security, attractive amenities, and consistent enforcement of neighborhood standards. This can lead to higher property values and a better overall quality of life.
However, it’s important to weigh the costs and potential drawbacks of HOA living. Some residents may find the rules and restrictions too limiting, and rising fees can become a financial burden over time. In Lewisville, HOA homes often retain higher resale value, especially in communities with premium amenities and well-funded reserves. Prospective buyers should carefully consider their budget and lifestyle preferences when deciding whether an HOA home is right for them.
FAQs About Property Tax and HOA in Lewisville
How much is the average HOA fee in Lewisville?
The average HOA fee in Lewisville is around $120 per month, but costs typically range from $70 to $200 depending on the community’s amenities and services.
Can my HOA fees increase over time?
Yes, HOA fees can increase over time to keep up with inflation, rising maintenance costs, and the addition of new amenities. Homeowners should review the HOA’s financial history and budget to anticipate potential fee increases.
Do I have to pay both property taxes and HOA fees?
Yes, homeowners in Lewisville are typically responsible for both property taxes and HOA fees. Property taxes fund local government services, while HOA fees cover the costs of maintaining and operating the community.
How do property tax rates in Lewisville compare to other cities in the area?
Property tax rates in Lewisville are generally in line with the average for the Dallas-Fort Worth metroplex, which ranges from 0.6% to 1.2% of a home’s assessed value annually.
Is living in an HOA community a good choice for first-time homeowners?
HOA living can be a good choice for first-time homeowners who value amenities, security, and consistent property maintenance. However, it’s important to carefully review the fees, rules, and restrictions before purchasing to ensure the community aligns with your budget and lifestyle.
Final Cost Insights for Lewisville Homeowners
For homeowners in Lewisville, property taxes and HOA fees are important factors to consider when budgeting for monthly housing costs. In 2025, the typical household can expect to pay around 0.9% of their home’s value annually in property taxes, along with $70 to $200 per month in HOA fees.
While these costs can add up, many residents find that the benefits of HOA living – including amenities, security, and well-maintained common areas – are worth the expense. However, it’s crucial to carefully review all fees and regulations before purchasing a home to ensure long-term affordability and compatibility with your lifestyle.
Prospective buyers should also explore cost breakdowns and comparisons for nearby cities to make an informed decision about where to purchase a home. By understanding the full scope of property taxes, HOA fees, and other housing expenses, homeowners in Lewisville can budget appropriately and make the most of their investment in the community.