Mason County, Texas Property Taxes
The median property tax rate in Mason County is 1.43%, which is significantly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $221,377 in Mason County, the typical annual property tax bill is approximately $2,755, slightly above the national median of $2,690. Property taxes in Mason County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions such as those for primary residences and agricultural properties. Understanding Mason County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to significant annual savings. Whether you reside in the city of Mason or another part of Mason County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mason County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$3,166
$2,938
Ownwell’s Mason County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Mason County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Mason County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Mason County, Texas
Property taxes in Mason County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Mason County is 1.43%, which is higher than both the Texas state median of 1.66% and the U.S. national median of 0.99%. Local government entities within Mason County set these rates annually, and they can vary significantly between different areas within the county. Each year, Mason 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. The following data compares Mason County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Katemcy has one of the higher property tax rates in Texas at 1.69%, while the city of Hext boasts one of the lowest at 0.41%. Analyzing how Mason County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Mason County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mason County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Art | 0.10% | 0.30% | 0.84% | 1.63% | 1.74% |
| Brady | 0.39% | 0.53% | 1.39% | 1.74% | 1.74% |
| Castell | N/A | N/A | N/A | N/A | N/A |
| Doss | N/A | N/A | N/A | N/A | N/A |
| Fredericksburg | N/A | N/A | N/A | N/A | N/A |
| Fredonia | 0.50% | 0.84% | 1.34% | 1.74% | 1.74% |
| Hext | N/A | N/A | N/A | N/A | N/A |
| Katemcy | N/A | N/A | N/A | N/A | N/A |
| Mason | 0.57% | 1.04% | 1.44% | 1.92% | 1.92% |
| Pontotoc | 0.41% | 0.84% | 1.40% | 1.74% | 1.74% |
Source: Ownwell
Property Tax Assessment Values Across Mason County, Texas
In Mason 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 Mason 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 Mason 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. For instance, the highest median tax bill in the county is in Katemcy at $4,606, while Hext has the lowest at $1,074. Being aware of these valuation processes in Mason County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Mason County Assessed Value
$221,377
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mason County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Art | $95,385 | $127,030 | $280,350 | $320,899 | $1,436,191 |
| Brady | $168,300 | $193,152 | $225,847 | $768,858 | $1,245,552 |
| Castell | N/A | N/A | N/A | N/A | N/A |
| Doss | N/A | N/A | N/A | N/A | N/A |
| Fredericksburg | N/A | N/A | N/A | N/A | N/A |
| Fredonia | $37,490 | $93,975 | $164,119 | $401,191 | $758,702 |
| Hext | N/A | N/A | N/A | N/A | N/A |
| Katemcy | N/A | N/A | N/A | N/A | N/A |
| Mason | $56,289 | $121,308 | $223,374 | $357,622 | $574,653 |
| Pontotoc | $39,072 | $102,507 | $157,337 | $236,071 | $574,901 |
Source: Ownwell
Property Tax Bills Across Mason County, Texas
In Mason County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. The assessed value reflects the market value of the property, and the tax rate is applied to this value to calculate the tax bill. Homeowners in Mason County experience a range of tax bills depending on their property's value. For instance, the tax bill at the 25th percentile is approximately $1,410, while at the 75th percentile, it rises to about $4,459. The 90th percentile sees tax bills as high as $6,443. Comparatively, the national median property tax rate is 0.99%, and Mason County's rates can be significantly higher or lower depending on the specific location within the county. For example, Katemcy has the highest median tax bill at $4,606, whereas Hext has the lowest at $1,074. These variations can significantly impact homeowners, influencing their overall housing costs and financial planning.
Average Mason County Tax Bill
$2,755
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Mason County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Art | $409 | $496 | $1,774 | $3,649 | $4,331 |
| Brady | $1,727 | $2,539 | $3,184 | $4,505 | $5,423 |
| Castell | N/A | N/A | N/A | N/A | N/A |
| Doss | N/A | N/A | N/A | N/A | N/A |
| Fredericksburg | N/A | N/A | N/A | N/A | N/A |
| Fredonia | $538 | $971 | $2,107 | $4,297 | $7,442 |
| Hext | N/A | N/A | N/A | N/A | N/A |
| Katemcy | N/A | N/A | N/A | N/A | N/A |
| Mason | $612 | $1,433 | $2,798 | $4,506 | $6,473 |
| Pontotoc | $514 | $956 | $1,894 | $2,976 | $4,189 |
Source: Ownwell