Average Tax Assessment in Real County
Real Estate Values and Property Tax Valuation in Real County, Texas
Real County has a total of 2,619 properties with a cumulative value of $293.8M, representing 0.01% of all real estate value in Texas. Property taxes in Real County totaled $1.7M, with an average homeowner paying $680 in property taxes compared to the state average of $4,015. The average property tax rate in Real County is 0.59%, while the state average is 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.
Updated November 01, 2023
Important Links | |
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Real Clerk | (830) 232-5202 |
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 |
Don't Miss Your Property Tax Appeal Deadline
Real Estate Statistics in Real County
Residential Property Taxes by Cities in Real County
Real County has an average property tax rate of 0.59%, which is slightly lower than the state average of 0.62%. This means that the average Real County property tax bill is $680, which is lower than the state average of $717. However, there is significant variation in property tax rates across the cities in Real County. The city with the highest effective property tax rate is Camp Wood, at 0.79%, while the city with the lowest effective property tax rate is Leakey, at 0.57%. This means that the average property tax bill in Camp Wood is $845, while the average property tax bill in Leakey is $637. This variation in property tax rates across the cities in Real County means that homeowners should be aware of the rates in their city before making a decision on where to buy a home.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Real 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.
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in Real County.
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.
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Real Estate Values in Real County
The data from Redfin indicates that the median home price in Real County has not changed from October 2022 to October 2023. However, the home inventory in Real County has increased from 17 in October 2022 to 25 in October 2023. This suggests that the housing market in Real County is becoming more competitive, as more homes are available for purchase. Overall, the home price trends in Texas appear to be stable.
Average Home Value in Real County, Texas
Last updated: November 2023
Percent Change in Total Home Sales in Real County
Last updated: November 2023
Percent Change in New Home Listings in Real County
Last updated: November 2023
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Mortgage Rates in Real County
Real County has a total of $46.4 million in outstanding home mortgage loans. This represents 332 loans, or about 0.2% of the total home value in the county. The median mortgage rate in Real County varies significantly across cities, with Leakey having the highest rate at 3.92%, and Camp Wood having the lowest rate at 3.88%. This variation in rates can be attributed to the different economic and housing market conditions in each city.
Overall, Real County has a relatively low amount of outstanding home mortgage loans compared to the total home value in the county. However, the variation in mortgage rates across cities indicates that potential homebuyers should do their research to find the best rate for their situation. By shopping around and comparing rates, homebuyers can save money and get the best deal for their mortgage.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Real County by city.
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Real County.
Housing Expenses in Real County, Texas
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