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.

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 Real County

Total Real Estate Value
$293.8M
Total Real Property Taxes
$1.7M
Average Property Tax Rate
0.59%
# of Real Properties
2.6K

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.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Camp Wood$5,500$12,988$33,748$68,689$136,822
Leakey$11,150$30,219$86,024$191,872$311,628

Property Tax Bill

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

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Camp Wood$52$124$321$655$1,085
Leakey$72$188$497$1,106$1,882

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
Camp Wood 0.95% 0.95% 0.95% 0.95% 0.79%
Leakey 0.65% 0.62% 0.58% 0.58% 0.60%

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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.

Total Active Listings
25

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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Ownwell will evaluate your property tax assessment, build a case, and file an appeal. With our Savings-or-Free guarantee, only pay 25% of your property tax bill savings!

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.

# of Outstanding Loans
332
Total Outstanding Loan Amount
$46.4M
Properties with Loans
12.68%

Outstanding Mortgages

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

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Camp Wood$13,381$28,241$49,178$85,265$142,215
Leakey$24,479$53,025$114,696$212,370$319,010

Mortgage Rates

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

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Camp Wood 2.90% 3.45% 3.88% 4.43% 5.86%
Leakey 2.90% 3.41% 3.92% 4.43% 5.75%

Housing Expenses in Real County, Texas

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How Ownwell works?

  1. 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.
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  4. 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.

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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 Real County is 0.59%.
The following exemptions and discounts are available in Real County: Charitable, Disabled, Homestead and Senior

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