Burnet County Property Taxes
The median property tax rate in Burnet County is 1.20%, which is significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $355,573 in Burnet County, the typical annual property tax bill reaches $4,017, surpassing the national median of $2,690. Property taxes in Burnet County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Burnet County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Marble Falls or another part of Burnet County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Burnet County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$4,267
$3,960
$1,148
Average Tax Savings
Ownwell’s Burnet County Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Burnet County with just two data points. By entering your property's estimated assessed value, our calculator uses the median tax rate in Burnet County to project your property tax bill. This valuable tool not only clarifies potential tax liabilities but also demonstrates how Ownwell can help reduce property taxes in Burnet County. For more localized information, navigate to our city-level informational pages. Your property's assessed value, determined by the county, is used for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Burnet County, Texas
Property taxes in Burnet County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Burnet County is 1.20%, which is higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Burnet County set these rates annually, and they can vary significantly between different areas within the county. Each year, Burnet County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Cottonwood Shores has one of the higher property tax rates in Texas at 1.51%, while the city of Briggs boasts one of the lowest at 0.82%. Analyzing how Burnet County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Burnet County Tax Rate
1.20%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Burnet County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bertram | 0.35% | 0.58% | 0.99% | 1.27% | 1.55% |
| Briggs | 0.15% | 0.51% | 0.82% | 1.14% | 1.35% |
| Buchanan Dam | 1.44% | 1.44% | 1.44% | 1.44% | 1.44% |
| Burnet | 0.53% | 0.88% | 1.16% | 1.46% | 1.66% |
| Cottonwood Shores | 0.56% | 1.16% | 1.51% | 1.74% | 1.96% |
| Florence | 0.36% | 0.63% | 0.84% | 1.09% | 1.36% |
| Foremans Hs & Barns | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% |
| Granite Shoals | 0.92% | 1.17% | 1.48% | 1.70% | 1.98% |
| Highland Haven | 0.90% | 0.92% | 1.04% | 1.24% | 1.52% |
| Horseshoe Bay | 0.69% | 1.02% | 1.26% | 1.52% | 1.67% |
| Kempner | 0.10% | 0.31% | 0.84% | 1.10% | 1.37% |
| Killeen | 0.23% | 0.48% | 0.82% | 1.10% | 1.18% |
| Kingsland | 0.78% | 0.99% | 1.19% | 1.35% | 1.54% |
| Lampasas | 0.16% | 0.38% | 0.83% | 1.10% | 1.30% |
| Liberty Hill | 0.54% | 0.69% | 0.95% | 1.11% | 1.32% |
| Marble Falls | 0.59% | 1.00% | 1.30% | 1.56% | 1.78% |
| Meadowlakes | 1.12% | 1.17% | 1.24% | 1.35% | 1.45% |
| Oakalla | 0.15% | 0.52% | 0.95% | 1.26% | 1.36% |
| Oliver Ranch Sign | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% |
| Round Mountain | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% |
| Smithwick | 1.05% | 1.05% | 1.05% | 1.05% | 1.05% |
| Smithwick Mills | N/A | N/A | N/A | N/A | N/A |
| Spicewood | 0.47% | 0.88% | 1.11% | 1.30% | 1.44% |
Source: Ownwell
$1,148
Average Burnet County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Burnet County, Texas
In Burnet County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Burnet County Appraisal District. The assessed value, however, 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 Burnet County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In Burnet County, the city with the highest median tax bill is Kingsland at $8,839, while the lowest is in Foremans HS & Barns at $998. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Burnet County, Texas
Source: Ownwell
$234,087
$2,085,359
$3,936,630
Average Burnet County Assessed Value
$355,573
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Burnet County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bertram | $81,464 | $188,863 | $329,786 | $570,179 | $857,558 |
| Briggs | $81,591 | $171,129 | $366,628 | $691,884 | $943,498 |
| Buchanan Dam | $404,261 | $404,261 | $404,261 | $404,261 | $404,261 |
| Burnet | $81,365 | $204,780 | $345,049 | $606,437 | $979,006 |
| Cottonwood Shores | $72,461 | $163,336 | $257,720 | $322,056 | $397,110 |
| Florence | $30,506 | $78,738 | $411,016 | $645,916 | $941,084 |
| Foremans Hs & Barns | $78,671 | $78,671 | $78,671 | $78,671 | $78,671 |
| Granite Shoals | $23,040 | $100,778 | $234,087 | $429,802 | $1,231,714 |
| Highland Haven | $225,622 | $395,373 | $577,791 | $1,166,543 | $1,579,024 |
| Horseshoe Bay | $67,807 | $140,932 | $331,701 | $769,560 | $1,289,395 |
| Kempner | $96,903 | $200,796 | $333,099 | $655,278 | $1,006,607 |
| Killeen | $90,404 | $269,368 | $539,244 | $723,451 | $1,103,106 |
| Kingsland | $110,734 | $321,728 | $798,243 | $1,575,981 | $2,700,000 |
| Lampasas | $87,913 | $223,351 | $466,109 | $758,312 | $1,185,751 |
| Liberty Hill | $45,769 | $303,762 | $642,212 | $794,718 | $897,696 |
| Marble Falls | $82,883 | $221,489 | $387,557 | $628,991 | $1,155,001 |
| Meadowlakes | $332,596 | $408,075 | $466,876 | $545,289 | $684,673 |
| Oakalla | $102,813 | $132,553 | $277,047 | $546,895 | $746,119 |
| Oliver Ranch Sign | $301,145 | $301,145 | $301,145 | $301,145 | $301,145 |
| Round Mountain | $1,479,716 | $2,401,059 | $3,936,630 | $4,113,502 | $4,219,626 |
| Smithwick | $260,163 | $260,163 | $260,163 | $260,163 | $260,163 |
| Smithwick Mills | N/A | N/A | N/A | N/A | N/A |
| Spicewood | $106,986 | $258,766 | $530,311 | $933,406 | $1,294,267 |
Source: Ownwell
$1,148
Average Burnet County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Burnet County, Texas
Property tax bills in Burnet County, TX, are calculated based on the assessed value of a property and the local tax rate. The median home price in the county is $355,573, which significantly impacts the tax bill. For instance, homeowners in the 25th percentile pay around $1,666, while those in the 75th percentile face bills up to $6,785. The highest median tax bill in the county is $8,839 in Kingsland, whereas the lowest is $998 in Foremans HS & Barns. These figures highlight the variability in tax obligations, influenced by property values and specific local rates. Ownwell assists homeowners by providing property tax appeal and exemption services, potentially lowering their assessed property values and, consequently, their tax bills. By leveraging expert knowledge and local market insights, Ownwell helps clients navigate the complexities of property tax assessments, ensuring they do not overpay. This can result in substantial savings, making homeownership more affordable in Burnet County.
Average Burnet County Tax Bill
$4,017
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Burnet County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bertram | $556 | $1,406 | $2,855 | $4,926 | $7,431 |
| Briggs | $243 | $829 | $2,497 | $4,521 | $7,318 |
| Buchanan Dam | $5,815 | $5,815 | $5,815 | $5,815 | $5,815 |
| Burnet | $634 | $1,949 | $4,018 | $6,215 | $9,489 |
| Cottonwood Shores | $485 | $1,658 | $3,343 | $4,963 | $6,314 |
| Florence | $268 | $802 | $3,210 | $5,466 | $6,693 |
| Foremans Hs & Barns | $998 | $998 | $998 | $998 | $998 |
| Granite Shoals | $295 | $1,131 | $3,068 | $6,150 | $16,775 |
| Highland Haven | $1,994 | $5,678 | $7,608 | $12,752 | $16,725 |
| Horseshoe Bay | $453 | $1,478 | $4,408 | $9,345 | $16,557 |
| Kempner | $176 | $790 | $2,267 | $4,577 | $7,212 |
| Killeen | $360 | $1,164 | $3,451 | $6,100 | $8,606 |
| Kingsland | $1,235 | $3,720 | $8,839 | $16,354 | $29,406 |
| Lampasas | $267 | $1,098 | $3,175 | $5,696 | $8,196 |
| Liberty Hill | $1,331 | $2,150 | $6,475 | $8,594 | $10,752 |
| Marble Falls | $698 | $2,458 | $4,829 | $7,659 | $12,869 |
| Meadowlakes | $4,318 | $4,951 | $5,816 | $6,863 | $8,610 |
| Oakalla | $606 | $725 | $1,330 | $2,818 | $3,492 |
| Oliver Ranch Sign | $3,902 | $3,902 | $3,902 | $3,902 | $3,902 |
| Round Mountain | $8,338 | $8,338 | $8,338 | $8,338 | $8,338 |
| Smithwick | $2,737 | $2,737 | $2,737 | $2,737 | $2,737 |
| Smithwick Mills | N/A | N/A | N/A | N/A | N/A |
| Spicewood | $986 | $2,310 | $5,140 | $9,353 | $13,766 |
Source: Ownwell
$1,148
Average Burnet County Tax Savings
Save on your property taxes & more with Ownwell.
Want to lower your Burnet County property taxes?
Looking to reduce your Burnet County property taxes? Ownwell is the leading property tax protest company serving Burnet County. We specialize in helping property owners in the Burnet area and beyond lower their taxes by working directly with the Burnet County Appraisal District. Through our tax monitoring service, we collect all necessary information to maximize your tax reductions. We navigate the complexities of the Burnet County property tax protest process and identify all available property tax exemptions so you don’t have to. Whether you are a homeowner, a real estate investor, or an asset manager, our local team at Ownwell has the expertise to assess your current property tax situation and identify strategic opportunities for reducing your tax burden. By managing the protest process from beginning to end, we not only simplify the procedure but also increase your chances of obtaining a favorable result. Let Ownwell be your trusted partner in lowering your Burnet County property tax expenses through our proven strategies and expert advocacy.
Property Tax Protests in Texas
In Burnet County, TX, homeowners have the opportunity to appeal their property tax assessments if they believe their property has been overvalued. The protest process begins with filing a formal notice of protest with the Burnet County Appraisal District. This notice must be submitted before the deadline specified on the appraisal notice, typically by May 15th or 30 days after the notice is mailed, whichever is later. Once the notice of protest is filed, the homeowner will be scheduled for a hearing with the Appraisal Review Board (ARB), an independent panel that listens to property tax appeals. Prior to the hearing, homeowners are encouraged to gather evidence supporting their claim, such as recent sales data of comparable properties, an independent appraisal, or evidence of any discrepancies in the property’s assessed value. During the ARB hearing, the homeowner presents their evidence, and the appraisal district may also provide their justification for the assessed value. The board will then deliberate and make a decision, which could result in a reduction, no change, or, in rare cases, an increase in the property's assessed value. Ownwell assists homeowners throughout this process by providing expert guidance and representation. Our team of property tax consultants will handle the preparation and submission of the protest, gather and analyze relevant market data, and represent the homeowner at the ARB hearing. This comprehensive support ensures that homeowners have the best chance of achieving a favorable outcome, potentially lowering their property tax burden and saving them money. With Ownwell's expertise, navigating the property tax protest process becomes significantly less daunting and more effective.
Exemptions in Texas
Burnet County, TX offers several property tax exemption programs designed to ease the financial burden on homeowners. The most common exemption is the Homestead Exemption, available to homeowners who use the property as their primary residence. This exemption can significantly reduce the assessed value of the home, thereby lowering the property tax bill. Another key exemption is the Over-65 Exemption, which provides additional tax relief for senior citizens. Homeowners who are 65 years of age or older can apply for this exemption and enjoy further reductions in their property taxes. Similarly, the Disability Exemption is available to homeowners with disabilities, providing them with much-needed financial relief. Veterans and their surviving spouses may qualify for the Disabled Veterans Exemption, which offers tax reductions based on the veteran's disability rating. This exemption can be particularly beneficial for those who have served in the military and now face financial challenges. Applying for these exemptions typically involves submitting an application to the Burnet County Appraisal District, along with the necessary documentation to prove eligibility. Here is where Ownwell can be of great assistance. Our team of experts can guide homeowners through the application process, ensuring all paperwork is correctly filed and deadlines are met. By leveraging Ownwell's expertise, homeowners can maximize their property tax savings and enjoy greater financial peace of mind.
Available Exemptions
Senior
Disabled
Home Stead
Veteran
Solar/Wind
Non-Profit
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 | |
|---|---|
| Burnet Appraisal District | |
| Website | esearch.burnet-cad.org |
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