Two Harvest homes can share an HOA, a set of amenities and an Argyle mailing address and still get noticeably different tax bills. Harvest Way decides which one you get. Homes west of it are in Belmont Fresh Water Supply District No. 1, and homes east of it are in Belmont Fresh Water Supply District No. 2. For Tax Year 2026, Denton County's Truth-in-Taxation summary lists District 1 at $0.53 per $100 of taxable value and District 2 at $0.98.
On a home with $500,000 of taxable value, that gap comes to about $2,250 a year: roughly $2,650 to District 1 and $4,900 to District 2, before any other line on the bill.
Many buyers expect the gap to fade as the newer side of the community matures. The district records point another way. District 1's rate fell because its tax roll grew faster than its debt. District 2 is still issuing bonds to reimburse the developer, and its rate has stayed close to a dollar for five tax years. Both districts have adopted their Tax Year 2026 rates, and both state that taxes are due October 1, or when billed, and generally become delinquent after January 31. That lets anyone shopping in Harvest this winter compare the two sides with current numbers.
The Districts Do the Job a City Would
Harvest sits in the extraterritorial jurisdiction of Northlake and Argyle, and no city tax is collected there. The Harvest HOA's municipal services sheet says the Belmont districts act as the community's municipal entity. They handle roads, sidewalks, streetlights, street signs, sewer, emergency services, animal control and trash service.
That means the district rate stands in for a city tax rate. For a sense of scale, the Town of Argyle's adopted Tax Year 2026 rate is $0.343 per $100. Both Harvest districts levy more than that, and the two have been moving in different directions:
| Tax year | Belmont FWSD No. 1, west of Harvest Way | Belmont FWSD No. 2, east of Harvest Way |
|---|---|---|
| 2022 | $0.85 | $1.00 |
| 2023 | $0.73 | $1.00 |
| 2024 | $0.60 | $0.98 |
| 2025 | $0.53 | $0.98 |
| 2026 | $0.53 | $0.98 |
District 1 has cut its rate by 32 cents in four years. District 2 has cut its rate by 2 cents.
Where the 45 Cents Comes From
Most of the gap is debt service. District 1's Tax Year 2026 rate is $0.1025 for maintenance and operations, $0.1475 for utility debt and $0.28 for road debt. District 2's is $0.16 for maintenance and operations and $0.82 for debt service. Of the 45-cent difference, $0.3925 is debt and $0.0575 is operations.
District 2 has less total debt than District 1, but it carries more debt for each dollar of property behind it.
- District 1 had $93.515 million in bond debt at January 31, 2026, according to its audited financial statements. A June 2025 disclosure filing on EMMA reported a preliminary 2025 taxable value of $1.567 billion.
- District 2 had $50.945 million in bond debt at January 31, 2026, per its own audit. Its September 2025 bond offering estimated taxable value at $430.803 million.
Taken together, District 1's debt equals about 6 cents for every dollar of taxable value. District 2's equals close to 12 cents, roughly twice as heavy. The tax rate pays that debt down, so a heavier debt load per dollar of value means a higher rate.
The gap in size follows from build-out. As of May 1, 2024, District 1 reported 2,858 single-family lots and 2,477 completed homes. As of September 1, 2025, District 2 reported about 1,123 lots and 1,001 completed homes. District 1 spreads its bonds over more than twice as many houses.
Why the East Side's Rate Has Held
District 1 is now shrinking its debt. Its audit shows bond debt falling from $97.04 million to $93.515 million in the fiscal year that ended January 31, 2026. Its most recent issue on record is $5.62 million of road bonds from 2024. That issue reimbursed the developer for road construction and right-of-way land costs.
District 2's debt is still growing. In the same fiscal year, its bond debt rose from $41.755 million to $50.945 million. It sold $10.28 million in bonds and repaid $1.09 million in principal. Those 2025 sales included $6.53 million in unlimited-tax utility bonds that reimbursed water and wastewater work in Harvest phases and commercial development. They also included $3.75 million in unlimited-tax road bonds, with proceeds designated to reimburse the developer for district improvements. Another issue has been in the works. The District 2 board's agenda for its October 14, 2026 meeting at 1301 Homestead Way included the Series 2026 Unlimited Tax Road Bonds. The items listed were a final cost summary, a preliminary official statement, a credit rating and advertising the bonds for sale.
This is how a developer-district model normally works. The developer pays for roads and pipes up front, and the district repays the developer with bonds as new homes add taxable value. Each new home adds value to the roll, and each new reimbursement adds debt. The rate comes down only after the roll grows faster than the debt, which is what happened on the west side between 2022 and 2025. District 2's total rate actually edged up from $0.9748 in 2025 to $0.98 in 2026, while the debt-service portion slipped from $0.825 to $0.82.
The west side has room to borrow more as well. District 1's 2024 bond statement listed $38.79 million in utility bonds and $57.42 million in road bonds as authorized but unissued. Each board sets its rate every year based on its tax base, debt service requirements and available funds. Neither district has published a forecast of future rates.
District 2's bond statement names Harvest Townside Phases 1 and 2, Harvest Townhomes Phases 1 and 2, and Harvest Phases 12 and 16 as being within the district. For a specific address, the appraisal record for that parcel is the place to confirm which district it falls in.
A Charge You Might Still See in Old Materials
Older Harvest descriptions often list a third charge: $0.21 per $100 for Northlake Public Improvement District No. 1. It paid for public-area turf, shrub, tree and irrigation maintenance. Harvest Phase 1 LLC, Belmont 407 LLC and Realty Capital Argyle 114, Ltd. petitioned the Town of Northlake to dissolve it. On October 10, 2024, the Northlake Town Council approved the dissolution by Resolution No. 24-73 on a 7–0 vote.
The PID page on the HOA's website still lists the $0.21 assessment. If a listing sheet or older estimate adds it into a Harvest carrying cost, that number is out of date. Removing it narrows the difference between Harvest and nearby communities, but it does nothing to the gap between the two sides of Harvest Way, since the PID applied to both.
Reading a Harvest Bill Line by Line
The district is one of several lines. Harvest is within both the Argyle ISD and Northwest ISD boundaries, so the school district line depends on the parcel too. Here are the adopted Tax Year 2026 rates for each taxing unit that can appear on a Harvest bill:
| Taxing unit | Tax Year 2026 rate per $100 |
|---|---|
| Denton County | $0.183394 |
| Denton County ESD 1 | $0.06 |
| Argyle ISD, where applicable | $1.1558 |
| Northwest ISD, where applicable | $1.0638 |
| Belmont FWSD No. 1, west of Harvest Way | $0.53 |
| Belmont FWSD No. 2, east of Harvest Way | $0.98 |
Add up the rows that apply to a given home. A west-side parcel in Argyle ISD totals about $1.93 per $100. The same parcel on the east side totals about $2.38. Exemptions change each unit's taxable value differently, so the actual bill can come in below a simple rate-times-price estimate.
HOA dues are billed on top of all of this. The association's 2026 sheets list $2,570 a year for Townside homes and duplexes, including front-yard landscape maintenance. Townhomes pay $2,070 a year to the master association plus $225 a month to the townhome sub-association. According to the HOA, dues are assessed twice a year and due January 1 and July 1.
This post is general information, not legal, tax or financial advice. Before relying on any of these figures, please confirm your own parcel's taxing units and estimated bill with the Denton County Tax Office or a qualified tax professional.
Quick Answers
Does a Harvest home pay city property tax? No. Harvest is in the extraterritorial jurisdiction of Northlake and Argyle, and its Belmont district does the job a city would.
Who sets the district rates? Each district's board of supervisors sets its own rate every year. The HOA's municipal services sheet lists monthly district meetings in the Harvest HUB rooms, with District 1 on third Wednesdays and District 2 on second Wednesdays, both at 6:30 p.m.
Is the PID still on Harvest tax bills? The Town of Northlake dissolved Northlake Public Improvement District No. 1 on October 10, 2024.
If you're weighing a Harvest home on either side of Harvest Way, I'm happy to pull the taxing units for the specific addresses on your list and go through each line with you before you write an offer. Reach out to Tamara Thompson and let's connect.
