Round Mountain, Texas Property Taxes
The median property tax rate in Round Mountain, TX is 1.45%, notably higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $403,002, the typical annual property tax bill in Round Mountain reaches $4,581, surpassing the national median of $2,690. Property taxes in Round Mountain are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Round Mountain's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Round Mountain or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Round Mountain, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.45%
Estimate Property Tax Bill
$5,844
$5,423
$1,148
Average Tax Savings
Ownwell’s Round Mountain Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Round Mountain with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Round Mountain to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Round Mountain. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Round Mountain, Texas
Property taxes in Round Mountain, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Round Mountain is 1.45%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Round Mountain set these rates annually, and they can vary significantly across different neighborhoods. Each year, Round Mountain estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Round Mountain's effective property tax rate to other counties in Texas and the national median. For comparison, the 78663 zip code has the highest median property tax rate of 1.45%, while the same zip code also has the lowest median tax rate of 1.45%. Understanding how these cities compare with Round Mountain provides valuable insights into the varying tax landscape across Hays County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Round Mountain Tax Rate
1.45%
Average Hays County Tax Rate
1.71%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Round Mountain, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78663 | 0.89% | 1.21% | 1.45% | 1.51% | 1.51% |
Source: Ownwell
$1,148
Average Round Mountain Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Round Mountain, Texas
In Round Mountain, Texas, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Hays County Appraisal District for tax purposes. In contrast, the assessed value 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. In Round Mountain, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Round Mountain helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $4581, found in the 78663 zip code.
Property Tax Assessment Values Across Round Mountain, Texas
Source: Ownwell
$208,980
$1,442,885
$2,676,790
Average Round Mountain Assessed Value
$403,002
Average Hays County Assessed Value
$409,280
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Round Mountain, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78663 | $263,784 | $295,492 | $403,002 | $573,608 | $868,866 |
Source: Ownwell
$1,148
Average Round Mountain Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Round Mountain, Texas
In Round Mountain, TX, property tax bills are calculated based on the assessed value of your home and the local tax rate. With a median home price of $403,002, homeowners typically see tax bills ranging from $3,961 at the 25th percentile to $9,522 at the 90th percentile. The median tax bill in the area is $4,581, which is notably higher than the national median property tax rate of 0.99%. Several factors influence your tax bill, including property size, location, and market conditions. These taxes fund essential local services like schools, infrastructure, and emergency services, making them a crucial part of community development. Ownwell helps homeowners in Round Mountain save on their property tax bills by offering expert property tax appeal and exemption services. By thoroughly analyzing your property’s assessed value and comparing it with market data, Ownwell can identify discrepancies and advocate for a fair reduction. This ensures that you are not overpaying and can potentially save hundreds or even thousands of dollars annually.
Average Round Mountain Tax Bill
$4,581
Average Hays County Tax Bill
$7,200
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Round Mountain, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78663 | $3,293 | $3,961 | $4,581 | $6,273 | $9,522 |
Source: Ownwell
$1,148
Average Round Mountain Tax Savings
Save on your property taxes & more with 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 | |
|---|---|
| Hays Appraisal District | |
| Website | esearch.hayscad.com |
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