Spicewood, Blanco County, Texas Property Taxes
Median Spicewood, TX effective property tax rate: 0.80%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Spicewood, TX home value: $578,165
Median annual Spicewood, TX tax bill: $4,407, $2,007 higher than the national median property tax bill of $2,400.
How are property taxes in Blanco County calculated?
Property taxes in Spicewood, 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 Spicewood's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Spicewood, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Spicewood, Blanco County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.8%
Estimate Property Tax Bill
$4,625
$4,292
$1,102
Average Tax Savings
Property Tax Rates Across Spicewood, Blanco County, Texas
Local government entities are responsible for setting property tax rates, and these can differ significantly within a state. This variation is due to each county estimating its annual budget needs for services and dividing that by the total assessed value of all taxable properties in its area. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the yearly process.
In Spicewood, located in Blanco County, the effective property tax rate is 0.80%, which is lower than the national median of 1.02%. The property tax rate here is consistent with the highest and lowest rates found in the area, both recorded at 0.80% in the 78669 zip code. Compared to the median property tax rate in Texas, Spicewood's rate is competitive, offering residents a relatively lower tax burden. This makes it an attractive location for property owners looking to optimize their tax liabilities.
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 Spicewood Tax Rate
0.80%
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 Blanco County Tax Rate
0.91%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Spicewood, Blanco County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78669 | 0.18% | 0.50% | 0.80% | 1.25% | 1.35% |
Source: Ownwell
$1,102
Average Spicewood Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Assessment Values Across Spicewood, Blanco County, Texas
When examining property taxes in Spicewood, Texas, 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 Blanco 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 Blanco 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 Spicewood. For example, the median home price in Spicewood is $578,165, with tax bills ranging significantly across the county. Zip code 78669 has the highest median home price at $578,165.
Property Tax Assessment Values Across Spicewood, Blanco County, Texas
Source: Ownwell
$214,560
$512,530
$810,500
Median Spicewood Market Value
$578,165
Median Blanco County Market Value
$453,280
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Spicewood, Blanco County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78669 | $245,625 | $361,680 | $578,165 | $887,762 | $1,267,966 |
Source: Ownwell
$1,102
Average Spicewood Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Bills Across Spicewood, Blanco County, Texas
In Spicewood, located in Blanco County, Texas, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the market value, which can fluctuate based on real estate trends. With a median home price of $578,165, homeowners in Spicewood face tax bills that can vary significantly. For instance, the 25th percentile tax bill is $2,517, while the 75th percentile reaches $6,231, and the 90th percentile peaks at $9,063. These figures illustrate how property taxes can impact homeowners differently, often depending on their property's valuation and the specific tax rate applied.
Ownwell offers a solution to help homeowners in Spicewood potentially reduce their property tax bills. By providing expert property tax appeal services, Ownwell assists homeowners in ensuring their property is assessed fairly, which can lead to substantial savings. With property tax rates in Spicewood often exceeding the national median property tax rate of 1.02%, engaging with Ownwell's services can be a strategic move to manage and possibly lower property tax expenses.
Median Spicewood Tax Bill
$4,407
Median Blanco County Tax Bill
$3,774
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Spicewood, Blanco County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78669 | $1,238 | $2,517 | $4,407 | $6,231 | $9,063 |
Source: Ownwell
$1,102
Average Spicewood Tax Savings
Save on Your Property Taxes and More With Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | January 31 |
Links | |
|---|---|
| Blanco Appraisal District | |
| Website | esearch.blancocad.com |
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