Average Tax Assessment in Kimble County
Real Estate Values and Property Tax Valuation in Kimble County, Texas
Kimble County has a total of 2,001 properties with a cumulative value of $287.7M, representing 0.01% of all real estate value in Texas. The average property tax rate in Kimble County is 1.00%, which is lower than the state average of 1.69%. Property taxes in Kimble County totaled $2.9M, with the average homeowner paying $1,544 in property taxes compared to the state average of $4,015. Property taxes are based on the assessed value of the property, which is typically lower than the 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 | |
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Kimble Clerk | (325) 446-3353 |
TexasFile Clerk Records | - |
Important Dates | |
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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 | |
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Early Payment Discount | |
Senior | Available |
Disabled | Available |
Homestead | Available |
Veteran | Available |
Solar/Wind | Available |
Charitable | Available |
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Real Estate Statistics in Kimble County
Residential Property Taxes by Cities in Kimble County
Kimble County has an average property tax rate of 1.00%, which is lower than the state average of 1.17%. This makes Kimble County an attractive option for those looking to purchase property in the area. The city of Junction has the highest effective property tax rate in the county at 1.15%, while the city of Junction has the lowest effective property tax rate at 1.15%. This means that property owners in Junction will pay slightly more in taxes than those in other cities in the county.
Overall, Kimble County has a relatively low property tax rate compared to other counties in the state. This makes it an attractive option for those looking to purchase property in the area. However, it is important to note that property tax rates can vary significantly across cities in the county, so it is important to research the effective property tax rate in the city you are considering before making a purchase.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Kimble 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 |
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Junction | $14,484 | $37,310 | $78,535 | $137,590 | $277,820 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in Kimble County.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
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Junction | $232 | $565 | $1,196 | $2,095 | $3,352 |
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 |
---|---|---|---|---|---|
Junction | 1.60% | 1.51% | 1.52% | 1.52% | 1.21% |
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Real Estate Values in Kimble County
The median home price in Kimble County, Texas has remained steady from October 2022 to October 2023, with a median home price of $474.0K. The home inventory in Kimble County has also increased slightly, from 8 homes in October 2022 to 9 homes in October 2023. This suggests that the housing market in Kimble County is stable and that there is a healthy supply of homes available for purchase.
Average Home Value in Kimble County, Texas
Last updated: November 2023
Percent Change in Total Home Sales in Kimble County
Last updated: November 2023
Percent Change in New Home Listings in Kimble County
Last updated: November 2023
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Mortgage Rates in Kimble County
There are currently no outstanding loans in Kimble County for home mortgages. This means that the total outstanding loan amount across home mortgages in Kimble County is zero. The median mortgage rate across Kimble County is unknown, as there are no outstanding loans. However, the median mortgage rate across cities in Kimble County can vary significantly. For example, the city with the highest median mortgage rate may have a rate that is significantly higher than the city with the lowest median mortgage rate.
The total outstanding loan amount across home mortgages in Kimble County is zero, indicating that the percentage of total home value is also zero. This is due to the fact that there are no outstanding loans in Kimble County for home mortgages. The variation in rates across cities in Kimble County can be significant, with the city with the highest median mortgage rate having a rate that is significantly higher than the city with the lowest median mortgage rate. This variation in rates can be beneficial for potential home buyers, as they can shop around for the best rate that fits their budget.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Kimble County by city.
We currently do not have this data but we are working to add this soon.
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Kimble County.
We currently do not have this data but we are working to add this soon.
Housing Expenses in Kimble County, Texas
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