Fayetteville, Austin County, Texas Property Taxes

Name: Property Tax Bills Across Fayetteville, Austin County, Texas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Fayetteville, TX effective property tax rate: 0.81%, significantly lower than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Fayetteville, TX home value: $380,913
Median annual Fayetteville, TX tax bill: $2,576, $176 higher than the national median property tax bill of $2,400.

How are property taxes in Austin calculated?

Property taxes in Fayetteville, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Fayetteville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fayetteville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Fayetteville, Austin County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.81%

Estimate Property Tax Bill

$3,085

$2,863

Ownwell’s Fayetteville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fayetteville with just two data points. By entering your property's estimated assessed value, our calculator applies Fayetteville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Austin County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fayetteville, Austin County, Texas

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county estimates its required budget to provide services annually and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Fayetteville in Austin County, Texas, has a property tax rate of 0.81%, which is below the national median property tax rate of 1.02%. This rate is consistent with both the highest and lowest median tax rates within the area, indicating a uniformity in tax assessment that is not always seen in other regions. The effective property tax rate in Fayetteville is lower than the national average, making it an attractive location for property owners. Comparing this to the national median property tax bill of $2,400, Fayetteville offers a more affordable property tax environment. This competitive tax rate can be a significant consideration for prospective homeowners and investors looking to maximize their property investment returns.

Property Tax Rates Across Fayetteville, Austin County, Texas

Source: Ownwell

0.80%

1.26%

1.71%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Fayetteville Tax Rate

0.81%

Median Effective Austin County Tax Rate

1.51%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fayetteville, Austin County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
78940	0.12%	0.29%	0.81%	1.55%	1.59%

Source: Ownwell

Property Tax Assessment Values Across Fayetteville, Austin County, Texas

When examining property taxes in Fayetteville, TX, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Austin County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Austin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Fayetteville. For example, the median home price in Fayetteville is $380,913, with tax bills ranging significantly across the county. 78940 has the highest median home price at $380,913.

Property Tax Assessment Values Across Fayetteville, Austin County, Texas

Source: Ownwell

$98,398

$262,072

$425,746

Median Fayetteville Market Value

$380,913

Median Austin County Market Value

$237,942

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fayetteville, Austin County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
78940	$29,868	$143,598	$380,913	$850,885	$1,290,936

Source: Ownwell

Property Tax Bills Across Fayetteville, Austin County, Texas

In Fayetteville, property tax bills are determined by assessing the market value of a home and applying the local tax rate. With a median home price of $380,913, homeowners in Austin County can expect their tax bills to vary significantly. The 25th percentile tax bill is $799, while those in the 75th percentile face bills around $4,510, and the 90th percentile reaches $7,854. These figures highlight the disparity in property tax burdens, influenced by factors such as property location and home value. The highest and lowest median tax bills both stand at $2,576 in the 78940 zip code, which is slightly above the national median property tax bill of $2,400. This variance can significantly impact homeowners' finances, making it crucial to manage these expenses effectively. Ownwell offers expert property tax appeal and exemption services to help homeowners reduce their tax burden. By leveraging local expertise and understanding of the tax system, Ownwell can identify potential savings and ensure homeowners pay only their fair share.

Property Tax Bills Across Fayetteville, Austin County, Texas

Source: Ownwell

$1,543

$2,843

$4,142

Median Fayetteville Tax Bill

$2,576

Median Austin County Tax Bill

$2,796

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Fayetteville, Austin County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
78940	$201	$799	$2,576	$4,510	$7,854

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
Austin Appraisal District
Website	esearch.austincad.org