Kempner, Texas Property Taxes
The median property tax rate in Kempner, TX is 0.80%, which is significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $359,880 in Kempner, the typical annual property tax bill reaches $2,571, falling below the national median of $2,690. Property taxes in Kempner are calculated based on the tax assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Kempner's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Kempner or another part of Lampasas County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kempner, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Kempner Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kempner with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kempner to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Kempner, Texas
Property taxes in Kempner, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kempner is 0.80%, which is lower than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Kempner set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kempner 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 Kempner's effective property tax rate to other counties in Texas and the national median. For comparison, the zip code 76539 has both the highest and lowest median property tax rate of 0.80%. Understanding how these cities compare with Kempner provides valuable insights into the varying tax landscape across Lampasas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kempner Tax Rate
0.80%
Average Lampasas County Tax Rate
0.89%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kempner, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76539 | 0.25% | 0.51% | 0.80% | 1.07% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across Kempner, Texas
In Kempner, 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 Lampasas 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 Kempner, 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 Kempner helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, zip code 76539 has both the highest and lowest median tax bill at $2,571.
Average Kempner Assessed Value
$359,880
Average Lampasas County Assessed Value
$268,280
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kempner, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76539 | $103,252 | $216,060 | $359,880 | $452,520 | $555,242 |
Source: Ownwell
Property Tax Bills Across Kempner, Texas
Property tax bills in Kempner, located in Lampasas County, TX, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county appraisal district and is typically a percentage of the property's market value. For homeowners in Kempner, the median home price is $359,880, influencing the overall tax bill significantly. Several factors contribute to the final tax bill, including the property's location, size, and any applicable exemptions. For instance, the 25th percentile tax bill in Kempner is $1,115, while the 75th percentile reaches $3,930, and the 90th percentile can go up to $5,366. These figures show how property taxes can vary widely within the same area. Compared to the national median property tax rate of 0.99%, the property taxes in Kempner reflect the local economic conditions and funding needs for public services. Homeowners must budget for these taxes, as they directly impact annual housing costs and financial planning.
Average Kempner Tax Bill
$2,571
Average Lampasas County Tax Bill
$2,214
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Kempner, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76539 | $324 | $1,115 | $2,571 | $3,930 | $5,366 |
Source: 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 | |
|---|---|
| Lampasas Appraisal District | |
| Website | www.lampasascad.org |