Lavon EDC Gateway to East Texas
214.934.7190

Taxes

2018 Property Taxes % Exemptions - from taxable value on home or property
City of Lavon 0.455700 Incentives: Disabled Person $10,000, Over 65 $10,000, Freeport GIT
Community ISD 1.670000 Incentives: Homestead $15,000, Disabled $10,000, Over 65 $10,000
Collin County 0.180785 Incentives: Homestead 5%, Disabled $20,000, Over 65 $30,000, Freeport GIT
Co. College 0.081222 Incentives: Over 65 $30,000, Disabled $20,000, Freeport GIT
Total Property 2.387707/per$100 valuation  

 

Sales Tax - 8.25% (Texas 6.25% Lavon  2.0%)
Franchise Tax Texas –On corporations, 0.25% of taxable capital starting with taxable capital over $900,000.
Income Tax- None in Texas

Recent News

Lavon EDC Received Texas Economic Development Council Excellence Award
March 13th 2019 - Lavon Economic Development Council (LEDC) received the 2018 Economic Excellence Award... read more.


Lavon EDC Presents Incentive Check to Retail Center Owner
December 12th 2017 - Lavon Economic Development Corporation (LEDC) on December 11th presented an... read more.


Groundbreaking for Retail Center
February 18th 2017 - Saturday, February 18, 2017 the Lavon Economic Development Corporation held a groundbreaking... read more.

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LAVON ECONOMIC
DEVELOPMENT CORPORATION

P.O. Box 340 | 120 School Road
Lavon, TX 75166
214.934.7190 | [email protected]