Average Tax Assessment in Mason County
Real Estate Values and Property Tax Valuation in Mason County, Texas
Mason County has 1,967 properties with a cumulative value of $379.1M, representing 0.02% of all real estate value in Texas. Property taxes in Mason County totaled $3.9M, with an average homeowner paying $2,075 in property taxes compared to the state average of $4,015. The average property tax rate in Mason County is 1.03%, lower than the state average of 1.69%. Properties are valued for tax purposes based on their market value, which is 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.
Updated November 01, 2023
Important Links | |
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Mason Appraisal District | (325) 347-5989 |
TexasFile Clerk Records | - |
Mason Assessor | (360) 427-9670 491 |
Mason Property Valuation | (606) 564-3700 |
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 Mason County
Residential Property Taxes by Cities in Mason County
Mason County has an average property tax rate of 1.03%, which is slightly lower than the average rate for the rest of the county. This rate is applied to all properties in the county, regardless of their location. However, the effective property tax rate can vary across the cities in Mason County. The city of Mason has the highest effective property tax rate of 1.04%, while other cities in the county have lower rates. This means that property owners in Mason may pay slightly more in taxes than those in other cities in the county.
Overall, Mason County has a relatively low property tax rate compared to other counties in the state. Property owners in Mason County can expect to pay an average of $2,075 in property taxes in 2023, which is lower than the average for the rest of the county. However, the effective property tax rate can vary across the cities in Mason County, so it is important to research the rates in each city before making a decision on where to purchase property.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Mason 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 |
---|---|---|---|---|---|
Mason | $37,666 | $78,298 | $144,972 | $235,824 | $367,016 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in Mason County.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Mason | $303 | $773 | $1,680 | $2,904 | $4,343 |
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 |
---|---|---|---|---|---|
Mason | 0.80% | 0.99% | 1.16% | 1.23% | 1.18% |
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Real Estate Values in Mason County
The data from Redfin indicates that the median home price in Mason County has not changed from October 2022 to October 2023. However, the home inventory in Mason County has increased from 22 in October 2022 to 27 in October 2023. This suggests that the housing market in Mason County is becoming more competitive, as more homes are available for purchase. This trend is consistent with the overall trend in Texas, where the housing market is becoming increasingly competitive as more homes become available.
Average Home Value in Mason County, Texas
Last updated: November 2023
Percent Change in Total Home Sales in Mason County
Last updated: November 2023
Percent Change in New Home Listings in Mason County
Last updated: November 2023
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Mortgage Rates in Mason County
Mason County has a total of 58 outstanding home mortgage loans, with an outstanding loan amount of $8.7 million. This represents a significant portion of the total home value in the county, as the median home value in Mason County is estimated to be around $200,000. The median mortgage rate in Mason County is 3.07%, which is lower than the national average of 3.73%. This indicates that Mason County is a relatively affordable place to purchase a home.
The mortgage rates in Mason County vary from county to county, with some counties having higher rates than others. For example, the median mortgage rate in Mason County is 3.07%, while the median mortgage rate in neighboring Thurston County is 3.37%. This difference in rates can make a significant difference in the amount of money a homeowner pays in interest over the life of the loan. It is important for potential homebuyers to research the mortgage rates in the area they are considering purchasing a home in order to get the best deal possible.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Mason County by city.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Mason | $34,531 | $63,402 | $118,232 | $223,423 | $279,058 |
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Mason County.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Mason | 2.70% | 2.80% | 3.07% | 3.60% | 3.73% |
Housing Expenses in Mason County, Texas
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