Big Lake, Reagan County, Texas Property Taxes
Median Big Lake, TX effective property tax rate: 2.32%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Big Lake, TX home value: $32,260
Median annual Big Lake, TX tax bill: $654, $1,746 lower than the national median property tax bill of $2,400.
How are property taxes in Reagan County calculated?
Property taxes in Big Lake, 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 Big Lake’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Big Lake, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Big Lake, Reagan County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.32%
Estimate Property Tax Bill
$748
$695
Property Tax Rates Across Big Lake, Reagan County, Texas
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 Big Lake Tax Rate
2.32%
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 Reagan County Tax Rate
2.32%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Big Lake, Reagan County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76932 | 1.31% | 1.35% | 2.32% | 2.32% | 2.32% |
Source: Ownwell
Property Tax Assessment Values Across Big Lake, Reagan County, Texas
When examining property taxes in Big Lake, 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 Reagan 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 Reagan County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Big Lake.
For example, the median home price in Big Lake is $32,260, with tax bills ranging significantly across the county. ZIP code 76932 has the highest median home price at $32,260.
Property Tax Assessment Values Across Big Lake, Reagan County, Texas
Source: Ownwell
$32,260
$44,819
$57,377
Median Big Lake Market Value
$32,260
Median Reagan County Market Value
$33,488
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Big Lake, Reagan County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76932 | $7,162 | $16,469 | $32,260 | $73,276 | $144,780 |
Source: Ownwell
Property Tax Bills Across Big Lake, Reagan County, Texas
In Big Lake, Reagan County, TX, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the property's market value, which is influenced by factors such as location, size, and condition. Homeowners in Big Lake experience a range of tax bills, with the 25th percentile at $334 and the 75th percentile at $1,359, reflecting variations in property values and tax rates. The 90th percentile tax bill reaches $2,668, indicating that some homeowners face significantly higher taxes. Compared to the national median property tax bill of $2,400, many residents in Big Lake pay less, though some exceed this amount.
Ownwell assists homeowners by providing property tax appeal and exemption services, potentially lowering their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners ensure their property is fairly assessed. This can lead to substantial savings, particularly for those facing higher tax bills. With expert guidance, homeowners can navigate the complexities of property taxation and reduce their financial burden.
Median Big Lake Tax Bill
$654
Median Reagan County Tax Bill
$659
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Big Lake, Reagan County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76932 | $140 | $334 | $654 | $1,359 | $2,668 |
Source: Ownwell