Kingsland, Texas Property Taxes
The median property tax rate in Kingsland, TX is 1.19%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Kingsland at $798,243, the typical annual property tax bill reaches $8,839, far exceeding the national median of $2,690. Property taxes in Kingsland are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Kingsland's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Kingsland or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kingsland, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Kingsland, Texas Tax Savings
Ownwell’s Kingsland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kingsland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kingsland to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Kingsland. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Kingsland, Texas
Property taxes in Kingsland, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kingsland is 1.19%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Kingsland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kingsland estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Kingsland's effective property tax rate to other counties in Texas and the national median. For comparison, the 78639 zip code has the highest median property tax rate of 1.19%, while the 78639 zip code also has the lowest median tax rate of 1.19%. Understanding how these cities compare with Kingsland provides valuable insights into the varying tax landscape across Burnet County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kingsland Tax Rate
1.19%
Average Burnet County Tax Rate
1.20%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kingsland, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78639 | 0.78% | 0.99% | 1.19% | 1.35% | 1.54% |
Source: Ownwell
$1,148
Average Kingsland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Kingsland, Texas
In Kingsland, Texas, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Burnet County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Kingsland, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Kingsland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 78639 has both the highest and lowest median tax bill at $8,839, offering a unique insight into the range of tax obligations within the area.
Average Kingsland Assessed Value
$798,243
Average Burnet County Assessed Value
$355,573
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kingsland, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78639 | $110,734 | $321,728 | $798,243 | $1,575,981 | $2,700,000 |
Source: Ownwell
$1,148
Average Kingsland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Kingsland, Texas
In Kingsland, Burnet County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The assessed value is then multiplied by the local tax rate to produce the annual tax bill. With a median home price of $798,243, homeowners can expect varying tax bills. For instance, the 25th percentile tax bill is around $3,720, while the 75th percentile reaches $16,354. The highest median tax bill in the area is $8,839, found in ZIP code 78639. These figures illustrate the significant impact property taxes can have on homeowners' finances. Ownwell can help homeowners in Kingsland reduce their property tax bills through expert property tax appeal and exemption services. By analyzing your property’s assessed value and identifying potential discrepancies, Ownwell can file appeals on your behalf to ensure you’re not overpaying. This service can lead to substantial savings, easing the financial burden of property ownership.
Average Kingsland Tax Bill
$8,839
Average Burnet County Tax Bill
$4,017
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Kingsland, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78639 | $1,235 | $3,720 | $8,839 | $16,354 | $29,406 |
Source: Ownwell
$1,148
Average Kingsland Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to protest!
Dates | |
---|---|
Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
---|---|
Burnet Appraisal District | |
Website | esearch.burnet-cad.org |
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