Example of Bastrop County Property Tax Calculation
Bastrop County calculates property taxes based on the assessed value of a property. For example, if a home in Bastrop County is assessed at $200,000, the property tax rate of $0.50 per $100 of assessed value would result in an annual property tax bill of $1,000. This rate may vary depending on the location of the property within the county and any additional taxes or fees that may apply. It's important to note that property taxes are used to fund local government services such as schools, public safety, and infrastructure maintenance.
If you want appeal your property tax assessment - contact your local tax assessor.
Bastrop County Property Tax Rates
The following table lists the Bastrop County Property Tax rates per 100$ of assessed value:
| Tax | Rate per 100$ of Assessed Value |
|---|---|
| County | $0.566791 |
| City of Bastrop | $0.516054 |
| Elgin ISD | $1.400000 |
| McDade ISD | $1.230000 |
| Smithville ISD | $1.374200 |
| Bastrop ISD | $1.418000 |
It is important to note that these rates may vary depending on the specific location and property. It is recommended to consult with a tax advisor for further information and assistance.
Who sets property tax rates in Bastrop County ?
In Bastrop County, property tax rates are set by various entities at different times throughout the year:
| Entity | Timeframe |
|---|---|
| Bastrop County Commissioners Court | Usually in August, but can be anytime between July and September. |
| Bastrop Independent School District | In August or September. |
| City councils within Bastrop County | Between June and September. |
It is important to note that the property tax rates are set based on the appraised value of the property, which is determined by the Bastrop Central Appraisal District. Homeowners can protest the appraised value if they feel it is too high, and this can be done between May 1st and June 15th. Overall, staying informed about the various entities involved in setting property tax rates and their respective timeframes can help Bastrop County residents plan and budget accordingly.
Homestead exemptions in Bastrop County ?
Table: Homestead Exemptions and Deductions in Bastrop County, Texas
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Residence Homestead Exemption | Any individual who owns and occupies their primary residence in Bastrop County as of January 1st of the tax year | Up to $25,000 of the property's value | Must be applied for by April 30th of the tax year |
| Over 65 or Disabled Person Homestead Exemption | Any individual over the age of 65 or disabled who owns and occupies their primary residence in Bastrop County as of January 1st of the tax year | Additional $10,000 of the property's value | Must provide proof of age or disability |
| Optional Over 65 or Disabled Person Homestead Exemption | Any individual over the age of 65 or disabled who owns and occupies their primary residence in Bastrop County as of January 1st of the tax year and whose household income is less than a certain amount | Additional $3,000 of the property's value | Must provide proof of age or disability and household income |
| Optional Over 55 Surviving Spouse Homestead Exemption | Any surviving spouse over the age of 55 who owned and occupied their primary residence in Bastrop County as of January 1st of the tax year and whose deceased spouse also qualified for the Homestead Exemption | Up to $25,000 of the property's value | Must provide proof of age and deceased spouse's qualification for the Homestead Exemption |
| Disabled Veteran Homestead Exemption | Any veteran who has a service-connected disability rating from the U.S. Department of Veterans Affairs of at least 10% and who owns and occupies their primary residence in Bastrop County as of January 1st of the tax year | Up to $12,000 of the property's value | Must provide proof of disability rating |
Note: The above exemptions are subject to change and may have additional requirements. It is recommended to contact the Bastrop County Appraisal District for more information.
When is Bastrop County Property Tax due ?
Typically, Bastrop County Property Tax is due on January 31st of every year. However, if the due date falls on a weekend or holiday, the deadline is extended to the next business day.
There are several payment methods available for Bastrop County Property Tax:
| Payment Method | Details |
|---|---|
| Online Payment | Payments can be made online through the Bastrop County Tax Office website using a credit card or e-check. A convenience fee will be charged for credit card transactions. |
| Payments can be mailed to the Bastrop County Tax Office with a check or money order. The mailing address is provided on the tax statement. | |
| In Person | Payments can be made in person at the Bastrop County Tax Office with a check, money order, or cash. Credit cards are not accepted in person. |
It is important to note that late payments will result in penalties and interest charges. If a property owner is unable to pay their property taxes in full by the due date, they may be eligible for a payment plan. They should contact the Bastrop County Tax Office for more information on available options.
If you have more questions - contact your local tax collector.
How is Bastrop County Property Tax penalty calculated ?
Bastrop County Property Tax Penalty Calculation
When a property owner fails to pay property taxes on time, Bastrop County imposes penalties and interest charges. The penalty calculation is based on the amount of unpaid taxes and the number of months that have passed since the due date.
The calculation for property tax penalties is as follows:
- For properties that are delinquent for less than one month, the penalty is 6% of the total unpaid taxes.
- For properties that are delinquent for one to two months, the penalty is 7%.
- For properties that are delinquent for two to three months, the penalty is 8%.
- For properties that are delinquent for three to four months, the penalty is 9%.
- For properties that are delinquent for more than four months, the penalty is 10%.
For example, if a property owner owes $5,000 in property taxes and fails to pay by the due date, the penalty would be calculated as follows:
- If the property is one month delinquent, the penalty would be 6% of $5,000, or $300.
- If the property is two months delinquent, the penalty would be 7% of $5,000, or $350.
- If the property is three months delinquent, the penalty would be 8% of $5,000, or $400.
- If the property is four months delinquent, the penalty would be 9% of $5,000, or $450.
- If the property is more than four months delinquent, the penalty would be 10% of $5,000, or $500.
It is important to note that interest charges also apply to delinquent property taxes in Bastrop County. The interest rate is 1% per month, calculated on the total unpaid taxes and penalties.
Therefore, it is highly recommended to pay property taxes on time to avoid penalties and interest charges.
We recommend contacting the Bastrop County Tax Office or a local tax professional for the most up-to-date and accurate information.