Round Top, Austin County, Texas Property Taxes
Median Round Top, 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 Round Top, TX home value: $420,318. Median annual Round Top, TX tax bill: $4,142, $1,742 higher than the national median property tax bill of $2,400.
How are property taxes in Austin County calculated?
Property taxes in Round Top, 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 Round Top’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Round Top, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Round Top, Austin County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.81%
Estimate Property Tax Bill
$3,405
$3,159
Ownwell’s Round Top Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Round Top with just two data points.
By entering your property's estimated assessed value, our calculator applies Round Top’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 Round Top, Austin County, Texas
Local government entities set tax rates, which can vary significantly within a state. Annually, each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
Round Top, located in Austin County, TX, has an effective property tax rate of 0.81%, which is notably lower than the national median of 1.02%. This lower rate can be advantageous for property owners, as it translates to a reduced financial burden compared to other areas. While some regions in Texas may have higher rates, Round Top remains competitive.
Understanding these rates is crucial for property owners aiming to make informed financial decisions. By comparing Round Top's effective property tax rate to other cities in Texas and the median property tax rates in the state and the U.S., property owners can better navigate their tax obligations and potentially save money.
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 Round Top Tax Rate
0.81%
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 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 Round Top, Austin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78954 | 0.42% | 0.61% | 0.81% | 1.25% | 1.59% |
Source: Ownwell
Property Tax Assessment Values Across Round Top, Austin County, Texas
When examining property taxes in Round Top, 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.
In Austin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Round Top.
For example, the median home price in Round Top is $420,318, with tax bills ranging significantly across the county. Zip code 78954 has the highest median home price at $420,318.
Property Tax Assessment Values Across Round Top, Austin County, Texas
Source: Ownwell
$98,398
$262,072
$425,746
Median Round Top Market Value
$420,318
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 Round Top, Austin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78954 | $67,871 | $284,464 | $420,318 | $1,686,618 | $2,511,572 |
Source: Ownwell
Property Tax Bills Across Round Top, Austin County, Texas
In Round Top, located in Austin County, TX, property tax bills are calculated based on the assessed value of a property, which is determined by the local appraisal district. With a median home price of $420,318, the tax bill can vary significantly, ranging from the 25th percentile at $2,327 to the 90th percentile at $17,845. The local median tax bill stands at $4,142, noticeably higher than the national median of $2,400. Factors influencing these calculations include property location, size, and improvements, affecting how much homeowners pay annually. This can present a financial challenge for many residents in the area.
Ownwell offers invaluable assistance to homeowners by providing property tax appeal and exemption services. Through expert analysis and representation, Ownwell helps ensure that property assessments are fair and accurate, potentially lowering tax bills. By leveraging local market data and legal expertise, Ownwell aims to reduce the financial burden on homeowners, allowing them to enjoy significant savings on their property taxes.
Median Round Top Tax Bill
$4,142
Median Austin County Tax Bill
$2,796
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Round Top, Austin County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78954 | $706 | $2,327 | $4,142 | $7,287 | $17,845 |
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 |