Montgomery County, TX — Property Tax Underwriting Guide
Texas · Annual market review
What this means for multifamily underwriting
Montgomery County (The Woodlands, Conroe) is a major Houston north suburb. MUD districts are common, especially in master-planned communities. Combined rate varies significantly by taxing unit stack.
Transaction type breakdown
Texas appraisal districts appraise property annually as of January 1 using mass-appraisal methods. A transaction may provide relevant market evidence, but ownership transfer does not mechanically reset the assessment to, or toward, purchase price.
Refinance does not change appraised value.
Ownership transfer does not mechanically reset the assessment to, or toward, purchase price; annual January 1 appraisal continues under the district's mass-appraisal process.
Tax appeal information
21.0 mill (2.1% effective) is a mid-county estimate; MUD encumbrances can raise the combined rate to 2.5-3.0%+.
Guide review
County guidance last reviewed: June 15, 2026
Tax-rate scope: County-level underwriting placeholder; not a parcel-specific tax rate.
Official sources: Montgomery CAD
Annual-market model is well established; aggregate millage is a placeholder.
Parclio estimates are underwriting guidance, not legal or tax advice. Always verify millage rates, the seller's assessed value, and appeal deadlines with the county assessor or local counsel before relying on these numbers for a credit decision.
Run a tax reset estimate for Montgomery County
Use Parclio's estimator to model the post-closing tax bill, NOI impact, DSCR change, and underwriting memo language for your next Montgomery County deal.