Lavaca, Franklin County, Arkansas Property Taxes
Property Taxes in Lavaca, Arkansas
Median Lavaca, Arkansas effective property tax rate: 0.61%, significantly lower than the national median of 1.02%, and lower than the Arkansas state median of 0.81%.
Median Lavaca, Arkansas home value: $83,475
Median annual Lavaca, Arkansas tax bill: $324, $2,076 lower than the national median property tax bill of $2,400.
How are property taxes in Franklin calculated?
Property taxes in Lavaca, Arkansas are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Lavaca's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lavaca, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Lavaca, Franklin County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.61%
Estimate Property Tax Bill
$509
$473
How Does the Lavaca Property Tax Calculator Work?
Use this Lavaca property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Lavaca's median effective tax rate of 0.61% — based on actual property records in Franklin County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Lavaca's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Lavaca: rates range from local differences in school district levies and assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Lavaca.
About Lavaca Property Taxes
About Property Taxes in Lavaca, Franklin, Arkansas
Lavaca's median effective property tax rate of 0.61% is lower than the Arkansas state median of 0.81% and lower than the national median of 1.02%. This rate reflects the Franklin County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Lavaca. Homeowners in different parts of the city can see meaningful differences in what they pay because school district boundaries and local assessment districts are drawn across Franklin County. Understanding where your home is located can make a difference to your annual tax bill.
Lavaca homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before August 17, 2026.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Lavaca, Franklin County, Arkansas
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Lavaca's effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Lavaca Tax Rate
0.61%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Franklin County Tax Rate
0.64%
Median Effective Arkansas Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lavaca, Franklin County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72941 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Lavaca, Franklin County, Arkansas
When examining property taxes in Lavaca, Arkansas, understanding the distinction between market value and assessed value is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Franklin County assessor estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Franklin County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of May.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Lavaca.
For example, the median home price in Lavaca is $83,475, with tax bills ranging significantly across the county. The median tax bill is $324, compared with the national median property tax bill of $2,400.
Property Tax Assessment Values Across Lavaca, Franklin County, Arkansas
Source: Ownwell
$76,700
$82,800
$88,900
Median Lavaca Market Value
$83,475
Median Franklin County Market Value
$76,950
Median Arkansas Market Value
$118,750
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lavaca, Franklin County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72941 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Lavaca, Franklin County, Arkansas
How are property tax bills calculated in Lavaca?
Property tax bills in Lavaca are based on the assessed value of a home and the local tax rate set by the county and other taxing authorities. A property’s market value is used to determine its assessed value, and that figure is then multiplied by the applicable tax rate to calculate the bill. For homeowners, this means that changes in market value can directly affect what they owe each year.
What factors influence the amount due?
The main factors are the home’s assessed value, local tax rates, and any exemptions that may apply. With a median home price of $83,475, property tax bills in Lavaca are relatively modest compared with the national median property tax bill of $2,400. Typical bills in the city range from $286 at the 25th percentile to $362 at the 75th percentile, with the 90th percentile reaching $384. For homeowners, even small changes in assessed value can make a noticeable difference in annual property taxes.
Median Lavaca Tax Bill
$324
Median Franklin County Tax Bill
$467
Median Arkansas Tax Bill
$870
Median United States Tax Bill
$2,400
Property Tax Bills Across Lavaca, Franklin County, Arkansas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 72941 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 17 |
Links | |
|---|---|
| Franklin Tax Assessor | |
| Website | www.actdatascout.com |