Jonestown, Texas Property Taxes
The median property tax rate in Jonestown, TX is 1.14%, notably higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $549,240 in Jonestown, the typical annual property tax bill reaches $6,639, far exceeding the national median of $2,690. Property taxes in Jonestown are determined based on the tax assessed value, which is often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Jonestown'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 Jonestown 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
Jonestown, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$6,261
$5,793
$1,148
Average Jonestown, Texas Tax Savings
Ownwell’s Jonestown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jonestown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Jonestown 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 Jonestown. 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 Jonestown, Texas
Property taxes in Jonestown, Texas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jonestown is 1.14%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Jonestown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jonestown 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 Jonestown's effective property tax rate to other counties in Texas and the national median. For comparison, the 78645 zip code has the highest median property tax rate of 1.14%, while the same zip code also has the lowest median tax rate of 1.14%. Understanding how these cities compare with Jonestown provides valuable insights into the varying tax landscape across Travis County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jonestown Tax Rate
1.14%
Average Travis County Tax Rate
1.31%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jonestown, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78645 | 0.44% | 0.76% | 1.14% | 1.91% | 2.27% |
Source: Ownwell
$1,148
Average Jonestown Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Jonestown, Texas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Jonestown, Texas. The market value represents 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 Travis 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 Jonestown, 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. For instance, the median home price in Jonestown is $549,240, with tax bills ranging from $3,070 at the 25th percentile to $18,472 at the 90th percentile. The zip code 78645 has the highest and lowest median tax bill at $6,639. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Jonestown Assessed Value
$549,240
Average Travis County Assessed Value
$537,591
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jonestown, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78645 | $180,000 | $312,431 | $549,240 | $981,628 | $1,498,382 |
Source: Ownwell
$1,148
Average Jonestown Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Jonestown, Texas
In Jonestown, located in Travis County, TX, property tax bills are calculated based on the assessed value of your home and the local tax rate. The median home price here is $549,240, and the property tax rate is applied to this value to determine your tax bill. Factors such as the market value of your home, local tax rates, and any applicable exemptions are considered in this calculation. Homeowners in Jonestown can face tax bills ranging from $3,070 at the 25th percentile to $18,472 at the 90th percentile. This can significantly impact your annual budget. Ownwell can help homeowners in Jonestown save on their property tax bills by providing expert property tax appeal and exemption services. By analyzing your property’s assessed value and comparing it to similar properties, Ownwell identifies discrepancies and helps you file appeals to lower your tax bill. This can result in substantial savings and ensure you’re not overpaying on your property taxes.
Average Jonestown Tax Bill
$6,639
Average Travis County Tax Bill
$7,669
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Jonestown, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78645 | $1,554 | $3,070 | $6,639 | $12,417 | $18,472 |
Source: Ownwell
$1,148
Average Jonestown 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 | |
---|---|
Travis Appraisal District | |
Phone | (512) 834-9317 |
Website | stage.travis.prodigycad.com |
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