Real Estate Values and Property Tax Valuation in Fayette County, Texas

Fayette County has 11,782 properties with a cumulative value of $2.9B, representing 0.14% of all real estate value in Texas. Property taxes in Fayette County totaled $26.1M, with an average homeowner paying $2,252 in property taxes compared to the state average of $4,015. The average property tax rate in Fayette County is 0.91%, lower than the state average of 1.69%. Property values for tax purposes are determined by the local appraisal district.

The property tax timeline in Texas begins on January 1st, when the property valuation date is set. Property value notices are issued between April and May, and the property tax appeal deadline is May 15th or 30 days after the notices are issued. The real property tax bill is due on January 31st for the preceding year's gross tax bills.

Important Dates
Real Property Tax Bill Due (1st of #):January 31st, Gross tax bills for preceding year
Property Valuation Date:January 1st
Property Value Notices Issued:April - May
Property Tax Appeal Deadline:May 15th or 30 days after notices are issued
Property Tax Bills Issued:October 1st
Available Exemptions
Early Payment Discount
SeniorAvailable
DisabledAvailable
HomesteadAvailable
VeteranAvailable
Solar/WindAvailable
CharitableAvailable

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Real Estate Statistics in Fayette County

Total Real Estate Value
$2.9B
Total Real Property Taxes
$26.1M
Average Property Tax Rate
0.91%
# of Real Properties
11.8K

Residential Property Taxes by Cities in Fayette County

Fayette County has an average property tax rate of 0.91%, which is slightly lower than the state average of 1.06%. This rate is applied to the assessed value of a property to calculate the amount of taxes due. The average Fayette County property tax bill is $2,252, which is lower than the state average of $2,817.

Property tax rates vary across the cities in Fayette County. La Grange has the highest effective property tax rate at 1.11%, while Muldoon has the lowest effective property tax rate at 0.67%. This means that property owners in La Grange will pay more in taxes than those in Muldoon. Property taxes collected in Fayette County in 2023 are estimated to be $26.1 million.

Tax Assessment Value

The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Fayette County. The tax assessment value may differ from the potential sale value, and is used to calculate the property tax for each piece of real estate.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Carmine$34,035$82,055$162,285$286,208$675,170
Fayetteville$49,862$116,725$227,250$416,160$744,234
Flatonia$22,090$51,990$128,475$267,412$497,025
La Grange$31,585$82,798$166,310$269,978$441,223
Muldoon$18,670$52,398$247,510$483,522$762,795
Round Top$44,288$178,240$345,730$623,580$1,001,710
Schulenburg$24,652$62,800$126,860$265,150$505,450
West Point$25,104$58,210$150,320$327,500$567,332

Property Tax Bill

This table shows the percentiles of actual property tax paid on residential properties for each city in Fayette County.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Carmine$311$734$1,407$2,721$4,155
Fayetteville$321$935$2,048$3,509$5,033
Flatonia$195$632$1,555$2,904$4,587
La Grange$354$904$2,054$3,337$4,849
Muldoon$187$472$1,322$3,691$5,365
Round Top$376$1,116$2,626$4,822$7,728
Schulenburg$291$721$1,564$2,671$4,162
West Point$184$644$1,300$2,659$4,108

Effective Property Tax Rate

The effective property tax rate is calculated by dividing the property tax bill by the assessed value. For the percentiles below, the calculation is performed using the percentiles for property tax bill and assessed value above. Therefore, each consecutive percentile doesn't necessarily show a larger value.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Carmine 0.91% 0.89% 0.87% 0.95% 0.62%
Fayetteville 0.64% 0.80% 0.90% 0.84% 0.68%
Flatonia 0.88% 1.22% 1.21% 1.09% 0.92%
La Grange 1.12% 1.09% 1.24% 1.24% 1.10%
Muldoon 1.00% 0.90% 0.53% 0.76% 0.70%
Round Top 0.85% 0.63% 0.76% 0.77% 0.77%
Schulenburg 1.18% 1.15% 1.23% 1.01% 0.82%
West Point 0.73% 1.11% 0.86% 0.81% 0.72%

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Real Estate Values in Fayette County

The data from Redfin shows that the median home price in Fayette County, Texas has decreased significantly from October 2022 to October 2023, with a decrease of 71.94%. This suggests that the housing market in Fayette County has cooled off significantly in the past year. Additionally, the home inventory in Fayette County has decreased from 104 in October 2022 to 88 in October 2023, indicating that there is less housing available for purchase in the area. Overall, these trends suggest that the housing market in Fayette County, Texas is cooling off.

Median Sale Value
$342.9K
Total Active Listings
88
Annual percent change in median sale price
-71.94%

Average Home Value in Fayette County, Texas

Last updated: November 2023

Percent Change in Total Home Sales in Fayette County

Last updated: November 2023

Percent Change in New Home Listings in Fayette County

Last updated: November 2023

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Mortgage Rates in Fayette County

Mortgages in Fayette County are a major source of financing for homeowners in the area. According to recent statistics, there is a total of $349.4M in outstanding loan amounts across home mortgages in Fayette County, with over 2.2K outstanding loans. This equates to approximately 8.6% of total home value in the county. Additionally, there is a significant variation in mortgage rates across the county, with Fayetteville having the highest median mortgage rate of 4.14%, and Carmine having the lowest median mortgage rate of 3.9%.

Overall, mortgages in Fayette County are an important source of financing for homeowners in the area, with a significant variation in mortgage rates across the county. With the total outstanding loan amount across home mortgages in Fayette County equating to 8.6% of total home value, it is clear that mortgages are a major source of financing for homeowners in the area.

# of Outstanding Loans
2.2K
Total Outstanding Loan Amount
$349.4M
Properties with Loans
18.97%

Outstanding Mortgages

The table below shows the percentile distribution of outstanding loans on residential properties in Fayette County by city.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Carmine$23,791$66,770$105,850$161,702$246,376
Fayetteville$24,851$58,037$133,122$237,450$349,808
Flatonia$24,748$55,021$117,773$194,514$288,575
La Grange$29,631$62,793$116,076$187,004$287,735
Muldoon$39,213$62,748$131,790$204,308$320,438
Round Top$33,127$87,009$196,898$376,175$607,224
Schulenburg$21,746$46,912$97,293$173,671$251,020
West Point$29,929$60,486$119,063$220,149$395,011

Mortgage Rates

The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Fayette County.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Carmine 2.83% 3.56% 3.90% 4.48% 6.34%
Fayetteville 2.90% 3.60% 4.14% 4.83% 6.15%
Flatonia 2.90% 3.57% 3.98% 5.09% 6.16%
La Grange 2.90% 3.59% 4.11% 4.95% 6.19%
Muldoon 2.95% 3.52% 4.02% 4.66% 5.10%
Round Top 2.82% 3.60% 4.13% 4.85% 6.10%
Schulenburg 2.90% 3.58% 4.10% 4.92% 6.10%
West Point 2.99% 3.40% 3.94% 4.78% 5.92%

Housing Expenses in Fayette County, Texas

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Frequently asked questions

We currently operate in Texas, California, Washington, Georgia, Florida and Illinois.
We use a private national data provider that cross-references with county recorder's offices to verify ownership. If in the event our system is unable to verify the property, our team will take further steps to investigate ownership and reach out to the customer for confirmation.
Our success rate varies across geographies; however, in any given year, we typically win more than 70% of our cases, saving clients an average of $1,457 on their property taxes.
Yes, in the market areas we serve, we have a dedicated Property Tax Consultant that is physically present in the market they are servicing. The specialist assigned to your property has the necessary geographical competence to provide exemplary service!
The average property tax rate in Fayette County is 0.91%.
The following exemptions and discounts are available in Fayette County: Charitable, Disabled, Homestead and Senior