Leander, Texas Property Taxes
The median property tax rate in Leander, TX is 1.85%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Leander at $409,440, the typical annual property tax bill reaches $8,377, significantly exceeding the national median of $2,690. Property taxes in Leander 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 Leander'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 Leander 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
Leander, 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 Leander, Texas Tax Savings
Ownwell’s Leander Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Leander with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Leander to provide an estimate of your property tax bill. This valuable tool not only helps you understand potential tax liabilities but also demonstrates how Ownwell can assist in reducing property taxes in Leander. For those interested in more localized trends, further details are available below. Your property’s assessed value is the value assigned by Williamson County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Leander, Texas
Property taxes in Leander, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Leander is 1.85%, significantly higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Leander set these rates annually, and they can vary significantly across different neighborhoods. Each year, Leander 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 Leander's effective property tax rate to other counties in Texas and the national median. For comparison, the 78641 zip code has the highest median property tax rate of 1.85%, while the same zip code also has the lowest median tax rate of 1.85%. Understanding how these cities compare with Leander provides valuable insights into the varying tax landscape across Williamson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Leander Tax Rate
1.85%
Average Williamson County Tax Rate
1.78%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Leander, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78641 | 1.52% | 1.68% | 1.85% | 2.45% | 2.69% |
Source: Ownwell
$1,148
Average Leander Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Leander, Texas
In Leander, 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 Williamson 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. Assessment notices in Leander 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. The median home price in Leander is $409,440, with tax bills ranging from $6,517 at the 25th percentile to $13,105 at the 90th percentile. The zip code 78641 holds the highest and lowest median tax bill, both at $8,377. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Leander Assessed Value
$409,440
Average Williamson County Assessed Value
$413,321
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Leander, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78641 | $313,071 | $349,142 | $409,440 | $513,500 | $666,719 |
Source: Ownwell
$1,148
Average Leander Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Leander, Texas
In Leander, Williamson County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The median home price here is $409,440, and the property tax rate is significantly higher than the national median of 0.99%. Factors such as the property's location, market value, and applicable exemptions are considered in determining the final tax bill. Homeowners in Leander can expect to pay between $6,517 and $13,105, depending on their property's assessed value, with the highest median tax bill recorded at $8,377 in the 78641 zip code. Ownwell can help homeowners in Leander save on their property tax bills by providing expert property tax appeal and exemption services. By leveraging local market data and comprehensive property assessments, Ownwell identifies opportunities for reducing assessed values, ensuring homeowners are not overpaying. This tailored approach can lead to substantial savings, making property ownership more affordable and manageable.
Average Leander Tax Bill
$8,377
Average Williamson County Tax Bill
$7,929
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Leander, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78641 | $5,379 | $6,517 | $8,377 | $10,618 | $13,105 |
Source: Ownwell
$1,148
Average Leander 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 | |
---|---|
Williamson Appraisal District | |
Phone | (512) 930-3787 |
Website | search.wcad.org |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.