Property taxes are an essential for any state or even the federal government. They make up a big part of the government’s income stream and Houston Texas is no different. Property taxes vary from state to state and are affected by a number of things. The property tax in Houston Texas is set at 2.5%. This means that a home buyer will pay 2.5% of the home’s asking price to the state of Texas. The taxes are mostly used by the government to provide amenities for the citizens and are a must to be paid. There is also property insurance that has to be paid on the house. Houston could have the highest property tax in the country although the tax rate may vary from one place to another. The taxes in Huston Texas, depending on the location can be as high as 5% on the asking price which is pretty high.