Lakehills, Bandera County, Texas Property Taxes
Median LAKEHILLS, TX effective property tax rate: 1.10%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median LAKEHILLS, TX home value: $180,015
Median annual LAKEHILLS, TX tax bill: $1,731, $669 lower than the national median property tax bill of $2,400.
How are property taxes in Bandera County calculated?
Property taxes in LAKEHILLS, 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 LAKEHILLS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in LAKEHILLS, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lakehills, Bandera County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.1%
Estimate Property Tax Bill
$1,980
$1,838
Property Tax Rates Across Lakehills, Bandera County, Texas
Local government entities determine tax rates, leading to significant variations within a state. The reason? Each county, like Bandera County in Texas, estimates its annual budget to provide necessary services. This budget is then divided by the total assessed value of all taxable property within the county, resulting in the property tax rate. While the process involves votes and legislation, this annual calculation forms the core of how property tax rates are set.
In Lakehills, situated in Bandera County, the effective property tax rate stands at 1.10%. This rate is on par with the highest and lowest rates in the region, reflecting a consistent property tax environment within the zip code 78063. When compared to the national median property tax rate of 1.02%, Lakehills’ rate is slightly higher, indicating a marginally greater tax burden than the national average. However, it aligns closely with Texas's median rate, showcasing the state's balanced approach to property taxation.
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 Lakehills Tax Rate
1.10%
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 Bandera County Tax Rate
1.14%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lakehills, Bandera County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78063 | 0.40% | 0.72% | 1.10% | 1.47% | 1.62% |
Source: Ownwell
Property Tax Assessment Values Across Lakehills, Bandera County, Texas
When examining property taxes in Lakehills, 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 Bandera 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 Bandera 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 Lakehills.
For example, the median home price in Lakehills is $180,015, with tax bills ranging significantly across the county. Zip code 78063 has the highest median home price at $180,015.
Property Tax Assessment Values Across Lakehills, Bandera County, Texas
Source: Ownwell
$119,015
$214,758
$310,500
Median Lakehills Market Value
$180,015
Median Bandera County Market Value
$139,145
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lakehills, Bandera County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78063 | $35,964 | $82,938 | $180,015 | $336,375 | $478,732 |
Source: Ownwell
Property Tax Bills Across Lakehills, Bandera County, Texas
Median Lakehills Tax Bill
$1,731
Median Bandera County Tax Bill
$1,165
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Lakehills, Bandera County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78063 | $242 | $653 | $1,731 | $3,653 | $5,456 |
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 | |
|---|---|
| Bandera Appraisal District | |
| Website | esearch.bancad.org |