Junction, Kerr County, Texas Property Taxes
Median Junction, TX effective property tax rate: 0.60%, significantly lower than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Junction, TX home value: $672,958
Median annual Junction, TX tax bill: $3,840, $1,440 higher than the national median property tax bill of $2,400.
How are property taxes in Kerr calculated?
Property taxes in Junction, 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 Junction’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Junction, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Junction, Kerr County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.6%
Estimate Property Tax Bill
$4,038
$3,747
Property Tax Rates Across Junction, Kerr County, Texas
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Junction in Kimble County, Texas, stands out with a median property tax rate of 0.60%, which is notably lower than the national median property tax rate of 1.02%. This suggests that property owners in Junction may experience relatively lower property tax bills compared to other regions. The effective property tax rate in Junction provides an appealing prospect for homeowners seeking more affordable property tax obligations.
Comparing this to the U.S. median property tax bill of $2,400, residents in Junction could find themselves benefiting from significant savings. Such favorable tax conditions can make Junction an attractive destination for potential property buyers looking for a balance of cost-effective living and quality services.
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 Junction Tax Rate
0.60%
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 Kerr County Tax Rate
1.22%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Junction, Kerr County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76849 | 0.25% | 0.45% | 0.60% | 0.85% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Junction, Kerr County, Texas
When examining property taxes in Junction, 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 Kerr 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 Kerr 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 Junction.
For example, the median home price in Junction is $672,958, with tax bills ranging significantly across the county. The zip code 76849 has the highest median home price at $672,958.
Property Tax Assessment Values Across Junction, Kerr County, Texas
Source: Ownwell
$48,460
$463,628
$878,796
Median Junction Market Value
$672,958
Median Kerr County Market Value
$241,957
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Junction, Kerr County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76849 | $185,925 | $438,400 | $672,958 | $854,954 | $980,277 |
Source: Ownwell
Property Tax Bills Across Junction, Kerr County, Texas
Median Junction Tax Bill
$3,840
Median Kerr County Tax Bill
$2,815
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Junction, Kerr County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76849 | $1,015 | $1,496 | $3,840 | $6,007 | $9,762 |
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 | |
|---|---|
| Kerr Appraisal District | |
| Website | esearch.kerrcad.org |