Rate Breakdown

Property taxes in Lampasas County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in Lampasas County

In Lampasas County, property taxes are calculated based on the appraised value of your property and the applicable tax rates (millage rates) set by local taxing entities. The process involves:

• Assessment: The Lampasas Central Appraisal District (LCAD) determines the market value of your property annually. Appraisers consider factors like location, size, and recent sales of comparable properties.
• Tax Rates: Taxing entities, such as the county, school districts, and municipalities, set their own rates (expressed as a percentage per $100 of value). The combined rate determines your total tax liability.
• Calculation: Your tax bill is calculated as: (Appraised Value - Exemptions) × (Total Tax Rate / 100).

Available Exemptions

Texas offers several property tax exemptions to reduce taxable value. Common exemptions in Lampasas County include:

• Homestead Exemption: Available to primary residences, this exemption reduces your home's taxable value by a fixed amount (e.g., $25,000 for school taxes).
• Senior Citizen Exemption: Homeowners aged 65+ qualify for additional school tax exemptions and may have their taxes frozen at current rates.
• Disability Exemption: Disabled homeowners may receive exemptions similar to seniors, depending on eligibility.
• Veteran Exemptions: Veterans with service-related disabilities or surviving spouses may qualify for partial or full exemptions.

Apply for exemptions through the LCAD by submitting the required forms (e.g., Form 50-114 for homestead) by April 30.

Payment Schedule & Deadlines

Lampasas County property taxes are typically due by January 31 of the following year. Key details:

• Installment Payments: Homeowners may pay in four installments (Jan. 31, March 31, May 31, and July 31) without penalty if they opt in by January 31.
• Late Payments: Delinquent taxes incur a 6% penalty in February, with an additional 1% interest per month thereafter. Unpaid taxes may lead to liens or foreclosure.
• Payment Methods: Pay online, by mail, or in person at the Lampasas County Tax Office.

Appealing Your Assessment

If you believe your property is overvalued, you can appeal to the LCAD:

• Deadline: File a protest by May 15 or within 30 days of receiving your appraisal notice.
• Process: Submit evidence (e.g., recent sales data, repair estimates) to support your claim. Informal reviews with an appraiser are encouraged first.
• Formal Hearing: If unresolved, present your case to the Appraisal Review Board (ARB), which issues a binding decision.

For assistance, contact the LCAD or consult a property tax professional.