Rate Breakdown

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

How Property Tax Works in Loving County

In Loving County, property taxes are based on the appraised value of your property as determined by the Loving County Appraisal District (LCAD). The process involves:

• Assessment: LCAD evaluates your property's market value annually, considering factors like location, size, and improvements.
• Tax Rate Calculation: The county, school districts, and other local entities set millage rates (tax rates per $1,000 of assessed value). These rates are applied to your property's taxable value (appraised value minus exemptions).
• Tax Bill: The total tax due is calculated by multiplying the taxable value by the combined millage rates of all applicable taxing entities.

Loving County has one of the lowest populations in Texas, but property taxes fund essential services like schools, roads, and emergency services.

Available Exemptions

Texas offers several property tax exemptions to reduce taxable value. Key exemptions available in Loving County include:

• Homestead Exemption: Primary residents may qualify for a reduction in their home's taxable value (up to 20% for county taxes). School districts offer additional exemptions.
• Senior Citizen Exemption: Homeowners aged 65+ may receive additional exemptions and tax freezes on school district taxes.
• Disability Exemption: Disabled homeowners qualify for similar benefits as seniors, including potential school tax freezes.
• Veteran Exemptions: Veterans with service-related disabilities or surviving spouses may qualify for partial or full exemptions based on disability rating.

Applications for exemptions must be filed with LCAD, typically by April 30.

Payment Schedule & Deadlines

Loving County property tax bills are mailed in October, with the following deadlines:

• Full Payment Deadline: January 31 of the following year. Payments postmarked after this date incur penalties and interest.
• Installment Plan: Eligible homeowners (e.g., seniors or disabled individuals) may pay taxes in four installments (Jan. 31, March 31, May 31, and July 31) without penalty.

Late Payments: Delinquent taxes accrue penalties (up to 12%) and interest (1% per month). Unpaid taxes may lead to liens or foreclosure.

Appealing Your Assessment

If you believe your property is overvalued, you can appeal LCAD's assessment:

• File a Protest: Submit a written protest to LCAD by May 15 (or 30 days after the appraisal notice is mailed).
• Evidence: Provide supporting documentation, such as recent sales of comparable properties or repair estimates.
• Hearing: LCAD will schedule a review with an appraisal review board (ARB), which issues a final decision.
• Further Appeals: If dissatisfied, you may file a lawsuit in district court or request binding arbitration.

Appeals are free to file, but strict deadlines apply. Consult LCAD or a tax professional for guidance.