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Meadowlakes, Burnet County, Texas Property Taxes

  • Median Meadowlakes, TX effective property tax rate: 1.24%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.

  • Median Meadowlakes, TX home value: $466,876

  • Median annual Meadowlakes, TX tax bill: $5,816, $3,416 higher than the national median property tax bill of $2,400.

How are property taxes in Burnet County calculated?

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

Last Updated March 1, 2025

Meadowlakes, Burnet County, Texas Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.24%

Estimate Property Tax Bill

$5,789

$5,372

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Meadowlakes Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Meadowlakes with just two data points. By entering your property's estimated assessed value, our calculator applies Meadowlakes’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 more 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 Burnet County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Meadowlakes, Burnet County, Texas

Local government entities are responsible for setting property tax rates, and these rates can vary significantly within a state. This variation occurs because each county estimates its annual budget needed to provide essential services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although the process involves votes and laws, this is the basic annual procedure.

Meadowlakes in Burnet County, Texas, offers a unique perspective on property taxes. The effective property tax rate here is 1.24%, which aligns with the highest and lowest median tax rates in the area, both recorded in the 78654 zip code. This rate is notably higher than the national median property tax rate of 1.02%. When compared to the national median property tax bill of $2,400, property owners in Meadowlakes may find their tax bills surpassing this figure, given the higher rate. Understanding these differences is crucial for property owners looking to manage their expenses effectively. By comparing Meadowlakes' tax rates with other Texas cities and national figures, residents can gain valuable insights into their property tax obligations.

Property Tax Rates Across Meadowlakes, Burnet County, Texas

Source: Ownwell

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0.81%

1.16%

1.51%

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 Meadowlakes Tax Rate

1.24%

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 Burnet County Tax Rate

1.20%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Meadowlakes, Burnet County, Texas

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
786541.12%1.17%1.24%1.35%1.45%

Source: Ownwell

Property Tax Assessment Values Across Meadowlakes, Burnet County, Texas

When examining property taxes in Meadowlakes, 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 Burnet 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 Burnet County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Meadowlakes.

For example, the median home price in Meadowlakes is $466,876, with tax bills ranging significantly across the county. The zip code 78654 has the highest median home price at $466,876.

Property Tax Assessment Values Across Meadowlakes, Burnet County, Texas

Source: Ownwell

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$234,087

$516,165

$798,243

Median Meadowlakes Market Value

$466,876

Median Burnet County Market Value

$355,573

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Meadowlakes, Burnet County, Texas

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
78654$332,596$408,075$466,876$545,289$684,673

Source: Ownwell

Property Tax Bills Across Meadowlakes, Burnet County, Texas

In Meadowlakes, located in Burnet County, TX, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value, which reflects the property's worth in the current real estate market. For homeowners in Meadowlakes, property taxes can be a significant financial consideration. The tax bill at the 25th percentile is $4,951, while the 75th percentile reaches $6,863, with the 90th percentile climbing to $8,610. This is notably higher than the national median property tax bill of $2,400. Such high tax bills can impact homeowners' finances, making it crucial to ensure they're not overpaying. Ownwell offers a solution by helping homeowners appeal their property tax assessments, potentially reducing their tax bills. By analyzing property data and presenting a strong case to local tax authorities, Ownwell can assist in achieving a fairer tax assessment, providing significant savings and reducing the financial burden on homeowners.

Property Tax Bills Across Meadowlakes, Burnet County, Texas

Source: Ownwell

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$1,330

$5,085

$8,839

Median Meadowlakes Tax Bill

$5,816

Median Burnet County Tax Bill

$4,017

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Meadowlakes, Burnet County, Texas

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
78654$4,318$4,951$5,816$6,863$8,610

Source: Ownwell

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