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You are considering purchasing a home. The purchase price of the house is $192,390. The county tax office has assessed the property value at $173,500.

You are considering purchasing a home. The purchase price of the house is $192,390. The county tax office has assessed the property value at $173,500. The house qualifies for the Texas Homestead Exemption of $25,000. The combined property tax rate is 2.19%.

What is the expected property tax?

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