Sunrise Beach, Texas Property Taxes
The median property tax rate in Sunrise Beach, TX is 1.16%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Sunrise Beach at $541,430, the typical annual property tax bill reaches $6,782, significantly exceeding the national median of $2,690. Property taxes in Sunrise Beach 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 Sunrise Beach'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 Sunrise Beach or another part of Llano County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sunrise Beach, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Sunrise Beach, Texas Tax Savings
Ownwell’s Sunrise Beach Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sunrise Beach with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sunrise Beach 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 Sunrise Beach. 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 Sunrise Beach, Texas
Property taxes in Sunrise Beach, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sunrise Beach is 1.16%, higher than both the Texas state median of 1.6% and the U.S. national median of 0.99%. Local government entities within Sunrise Beach set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sunrise Beach 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 Sunrise Beach's effective property tax rate to other counties in Texas and the national median. For comparison, the 78643 zip code has the highest median property tax rate of 1.16%, while the 78643 zip code has the lowest median tax rate of 1.16%. Understanding how these cities compare with Sunrise Beach provides valuable insights into the varying tax landscape across Llano County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sunrise Beach Tax Rate
1.16%
Average Llano County Tax Rate
1.32%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sunrise Beach, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78643 | 0.80% | 0.96% | 1.16% | 1.58% | 1.58% |
Source: Ownwell
$1,148
Average Sunrise Beach Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Sunrise Beach, Texas
In Sunrise Beach, 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 Llano 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 Sunrise Beach, 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. For instance, the median home price in Sunrise Beach is $541,430, with tax bills ranging from $2,938 at the 25th percentile to $18,210 at the 90th percentile. The zip code 78643 has both the highest and lowest median tax bill at $6,782. 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 Sunrise Beach helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Sunrise Beach Assessed Value
$541,430
Average Llano County Assessed Value
$250,390
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sunrise Beach, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78643 | $170,330 | $285,410 | $541,430 | $886,350 | $1,390,800 |
Source: Ownwell
$1,148
Average Sunrise Beach Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Sunrise Beach, Texas
In Sunrise Beach, located in Llano County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Sunrise Beach is $541,430, and the tax rate is applied to this assessed value to determine the annual tax bill. For instance, the tax bill for the 25th percentile is $2,938, while it rises to $11,653 at the 75th percentile and can reach up to $18,210 at the 90th percentile. These figures are considerably higher than the national median property tax rate of 0.99%. Factors such as property size, location, and market conditions influence the assessed value, which in turn affects the tax bill. High property taxes can be a significant burden for homeowners, impacting their financial stability. Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging expert knowledge and local market data, Ownwell helps homeowners in Sunrise Beach potentially reduce their property tax bills, ensuring they pay only their fair share.
Average Sunrise Beach Tax Bill
$6,782
Average Llano County Tax Bill
$2,837
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Sunrise Beach, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78643 | $1,434 | $2,938 | $6,782 | $11,653 | $18,210 |
Source: Ownwell
$1,148
Average Sunrise Beach Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 23 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Llano Appraisal District | |
| Website | esearch.llanocad.net |
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