Property Tax Financing in Texas

Help Avoid Foreclosure with a Property Tax Loan

Property tax payment plans can allow Texas residential and commercial property owners avoid accruing significant potential county interest, taxes, fees, and penalties on their delinquent property taxes. Our Texas property tax loan company immediately pays off all delinquent property taxes, penalties, and interest. The property owner then repays their taxes to Propel in affordable monthly payments over a set time period.

How a Delinquent Tax Bill Increases

**Please note: Based on tax penalties in Texas counties excluding Travis County.

Propel’s property tax payment plans are designed to provide property owners with an alternative to paying large lump-sum payments to their taxing authorities. Moreover, property tax plans usually have substantially lower financing costs than those charged by the taxing authorities (which can equal 44% in the first year of delinquency).

Depending on the location of the underlying property, Propel does business throughout the state as Propel Tax, and through a partnership with Rio Tax. All Propel-affiliated companies are dedicated to providing their customers with cost-effective financial solutions and superior customer service.

Taxes & Tax Liens

When your taxes become delinquent on February 1, a tax lien is placed on your property by your local taxing authorities. When you choose to take out a property tax loan, the tax lien is transferred by taxing authorities to Propel Tax. Propel then pays your property taxes for you. After that, you repay those taxes according to your chosen property tax payment plan worked out between you and your Propel Tax consultant.

It is important to make a decision quickly as to how you are going to pay delinquent property taxes. Timing is crucial, because as soon as your taxes are delinquent, the taxing authority will charge interest and penalties with every passing month. We are here to help you pay your property taxes and avoid these additional county charges. The following chart summarizes the typical county charges.

Penalties County Charges on Delinquent Property Taxes

The Mounting Costs of Not Paying Your Property Taxes
Example Bill of $10,000
Month Penalties & Interest Attorney Fees Total % Increase Mounting Costs Total Amount Due
February 7.0% 7.0% $700 $10,700
March 9.0% 9.0% $900 $10,900
April 11.0% 11.0% $1,100 $11,100
May 13.% 13.0% $1,300 $11,300
June 15.0% 15.0% $1,500 $11,500
July 18.0% 20% 41.6% $4,160 $14,160
August 19.0% 42.8% $4,280 $14,280
September 20.0% 44.0% $4,400 $14,400
October 21.0% 45.2% $4,520 $14,520
November 22.0% 46.4% $4,640 $14,640
December 23.0% 47.6% $4,760 $14,760

**Please note: Based on tax penalties in Texas counties excluding Travis County. Attorney’s fees are purely an estimation and may be higher.

Property Taxes by County

To learn more about how property taxes work from your county tax office, please select (from the list below) the county where the property is located. You will be directed to the appropriate Tax Assessor & Collector’s website.

Your Property Tax Financing Process

Propel Tax works fast to save you money. Propel will pay all taxes, fees, penalties, and interest as soon as possible after your closing. Our tax consultants offer great customer service to ensure you are educated and comfortable about the entire process.

Step 1 – Apply

Call our office at 877-324-8445 to complete the telephone application, or one of our representatives will contact you soon.

Step 2 – Approval and Processing

Propel will begin processing your account as soon as we receive the completed application. We are able approve an application the same day it is submitted.

Step 3 – Closing

Whether you would prefer to come to our office or meet in the privacy of your own home, we work to find a convenient closing time and place that suits your needs.

Step 4 – We Pay Your Taxes

As soon as three days after your closing, we pay off everything you owe directly to the tax office.

Call our Texas property tax specialists today at 877-324-8445 or apply online to get started. The process is easy, and you will find our tax loan specialists to be knowledgeable and caring. We are here to help you keep your property, save you money and set you up on a manageable property tax payment plan.