How Are Property Taxes Prorated at Closing?

Dated: February 18 2026

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Property taxes are typically prorated between buyer and seller based on the closing date.

In Texas:

  • Sellers credit buyers for the portion of the year they owned the home

  • Final tax bills may not be issued until later

The settlement statement reflects this adjustment.

Understanding prorations ensures accurate net proceeds expectations.

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Jared McDaniels

I am a dedicated and passionate, full time, real estate sales agent with a commitment to serving you with excellence. As a lifelong resident of East Texas, I bring a wealth of knowledge and valuable i....

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