Average Tax Assessment in Kerr County
Real Estate Values and Property Tax Valuation in Kerr County, Texas
Kerr County has 21,859 properties with a cumulative value of $5.2B, representing 0.24% of all real estate value in Texas. Property taxes in Kerr County totaled $62.0M, with an average homeowner paying $2,890 in property taxes compared to the state average of $4,015. The average property tax rate in Kerr County is 1.20%, lower than the state average of 1.69%. Properties are valued for tax purposes based on their market value.
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.
Updated November 01, 2023
| Important Links | |
|---|---|
| Kerr Clerk | (830) 792-2255 |
| TexasFile Clerk Records | - |
| 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 | |
| Senior | Available |
| Disabled | Available |
| Homestead | Available |
| Veteran | Available |
| Solar/Wind | Available |
| Charitable | Available |
Don't Miss Your Property Tax Appeal Deadline
Real Estate Statistics in Kerr County
Residential Property Taxes by Cities in Kerr County
Kerr County has an average property tax rate of 1.20%, which is slightly lower than the state average of 1.83%. This rate is applied to the assessed value of a property to calculate the amount of taxes due. The average Kerr County property tax bill is $2,890, which is lower than the state average of $3,521.
Property tax rates vary across the cities in Kerr County. Kerrville has the highest effective property tax rate at 1.31%, while Comfort has the lowest effective property tax rate at 0.41%. This means that property owners in Kerrville will pay more in taxes than those in Comfort. However, the difference in rates is not too significant, and overall, Kerr County has relatively low property tax rates compared to the rest of the state.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Kerr 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.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Center Point | $20,526 | $55,563 | $119,248 | $252,983 | $408,880 |
| Comfort | $38,159 | $82,965 | $240,282 | $538,359 | $790,296 |
| Hunt | $83,032 | $190,491 | $337,770 | $525,393 | $909,652 |
| Ingram | $25,751 | $57,078 | $104,622 | $239,015 | $452,480 |
| Kerrville | $34,433 | $97,735 | $190,444 | $294,429 | $449,592 |
| Mountain Home | $42,735 | $100,047 | $190,312 | $357,418 | $575,405 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in Kerr County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Center Point | $173 | $453 | $1,180 | $2,574 | $4,253 |
| Comfort | $197 | $374 | $876 | $1,930 | $3,166 |
| Hunt | $812 | $1,854 | $3,570 | $6,122 | $9,357 |
| Ingram | $234 | $555 | $1,400 | $3,129 | $5,574 |
| Kerrville | $300 | $972 | $2,436 | $4,202 | $6,452 |
| Mountain Home | $220 | $563 | $1,238 | $2,145 | $3,400 |
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.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Center Point | 0.84% | 0.82% | 0.99% | 1.02% | 1.04% |
| Comfort | 0.52% | 0.45% | 0.36% | 0.36% | 0.40% |
| Hunt | 0.98% | 0.97% | 1.06% | 1.17% | 1.03% |
| Ingram | 0.91% | 0.97% | 1.34% | 1.31% | 1.23% |
| Kerrville | 0.87% | 0.99% | 1.28% | 1.43% | 1.44% |
| Mountain Home | 0.51% | 0.56% | 0.65% | 0.60% | 0.59% |
Reduce your property tax bill with Ownwell!
Real Estate Values in Kerr County
The median home price in Kerr County, Texas has decreased by 12.94% from October 2022 to October 2023, from $425.0K to $370.0K. This decrease in home prices is accompanied by an increase in home inventory, from 200 in October 2022 to 235 in October 2023. This suggests that the housing market in Kerr County is becoming more competitive, with more homes available for buyers to choose from.
Average Home Value in Kerr County, Texas
Last updated: November 2023
Percent Change in Total Home Sales in Kerr County
Last updated: November 2023
Percent Change in New Home Listings in Kerr County
Last updated: November 2023
Reduce your property tax bill with Ownwell
Mortgage Rates in Kerr County
Kerr County is home to a large number of outstanding home mortgage loans, totaling $1.1 billion. This represents a significant portion of the total home value in the county, indicating that homeowners are taking advantage of the low interest rates available. The number of outstanding loans in Kerr County stands at 5.6K, indicating that a large number of people are taking advantage of the favorable mortgage market.
The median mortgage rate in Kerr County varies across cities, with Ingram having the highest rate at 4.14%, and Hunt having the lowest rate at 3.94%. This variation in rates across cities indicates that homeowners in different areas of the county can benefit from different mortgage options. Overall, the low interest rates available in Kerr County make it an attractive option for homeowners looking to purchase or refinance their homes.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Kerr County by city.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Center Point | $40,950 | $69,210 | $136,054 | $226,313 | $345,952 |
| Comfort | $36,336 | $92,052 | $229,402 | $386,895 | $547,809 |
| Hunt | $68,332 | $127,430 | $215,497 | $341,094 | $508,527 |
| Ingram | $27,958 | $69,239 | $127,589 | $213,856 | $297,472 |
| Kerrville | $50,145 | $89,180 | $147,840 | $228,025 | $336,437 |
| Mountain Home | $53,494 | $92,803 | $162,352 | $301,387 | $398,796 |
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Kerr County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Center Point | 2.90% | 3.51% | 4.10% | 5.21% | 6.28% |
| Comfort | 3.00% | 3.55% | 4.04% | 5.15% | 6.18% |
| Hunt | 2.80% | 3.29% | 3.94% | 4.81% | 6.19% |
| Ingram | 2.90% | 3.58% | 4.14% | 5.01% | 6.24% |
| Kerrville | 2.90% | 3.48% | 4.00% | 4.79% | 6.15% |
| Mountain Home | 2.95% | 3.50% | 4.00% | 4.67% | 5.81% |
Housing Expenses in Kerr County, Texas
Reduce your property tax bill with Ownwell
With Ownwell's property tax monitoring service ensures you'll never overpay on property taxes again.
How Ownwell works?
- Enter your property address and get an instant estimate of your potential tax savings based on local market data and our historical tax savings in your area.
- Sign up online and authorize Ownwell to fight your tax bill in less than 5 minutes.
- Sit back and let us get to work. Ownwell handles everything start to finish with no up-front costs. It’s all backed by our industry-leading Savings-or-Free Guarantee.
- When we save you money our fee is just 25% of your savings. If you don't save, you don't pay. We will continue to monitor your property taxes every year to ensure that you never overpay or have to worry about your property taxes again.