Fountain Lake, Garland County, Arkansas Property Taxes

Name: Property Tax Bills Across Fountain Lake, Garland County, Arkansas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Fountain Lake, AR effective property tax rate: 0.51%, significantly lower than the national median of 1.02%, but lower than the Arkansas state median of 0.84%.
Median Fountain Lake, AR home value: $259,975
Median annual Fountain Lake, AR tax bill: $751, $1,649 lower than the national median property tax bill of $2,400.

How are property taxes in Garland County calculated?

Property taxes in Fountain Lake, AR 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 Fountain Lake’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fountain Lake, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Fountain Lake, Garland County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.51%

Estimate Property Tax Bill

$1,326

$1,230

Ownwell’s Fountain Lake Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fountain Lake with just two data points. By entering your property's estimated assessed value, our calculator applies Fountain Lake’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Garland County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fountain Lake, Garland County, Arkansas

Local government entities set tax rates, which can vary widely within a state. This variability is due to each county's annual budget estimation to provide necessary services. They divide this budget by the total value of all taxable property within their jurisdiction, resulting 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.

In Fountain Lake, located in Garland County, Arkansas, the effective property tax rate is significantly lower than the national median. With a median property tax rate of 0.51%, it is half of the national median property tax rate of 1.02%. This lower rate can make owning property in Fountain Lake more affordable compared to other regions in the United States.

Comparing Fountain Lake’s effective property tax rate to other cities in Arkansas and the median property tax rates in Arkansas and the U.S. highlights the potential savings for property owners. This favorable tax environment could be a compelling reason for prospective property buyers to consider Fountain Lake as a desirable location.

Property Tax Rates Across Fountain Lake, Garland County, Arkansas

Source: Ownwell

0.43%

0.67%

0.90%

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 Fountain Lake Tax Rate

0.51%

Median Effective Garland County Tax Rate

0.59%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fountain Lake, Garland County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
71901	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Fountain Lake, Garland County, Arkansas

When examining property taxes in Fountain Lake, AR, 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 Garland County appraisal district 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.

In Garland County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Fountain Lake. For example, the median home price in Fountain Lake is $259,975, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Fountain Lake, Garland County, Arkansas

Source: Ownwell

$42,475

$132,888

$223,300

Median Fountain Lake Market Value

$259,975

Median Garland County Market Value

$162,300

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fountain Lake, Garland County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
71901	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Fountain Lake, Garland County, Arkansas

In Fountain Lake, AR, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Fountain Lake is $259,975. Once the assessed value is determined, the local tax rate is applied to calculate the annual tax bill. In Garland County, where Fountain Lake is located, tax bills can vary significantly. The 25th percentile tax bill is $504, while the 75th percentile reaches $998, and the 90th percentile is $1,147. These figures highlight how property tax bills can vary depending on the assessed value and applicable exemptions. Compared to the national median property tax bill of $2,400, Fountain Lake homeowners generally experience lower tax bills. However, these taxes still impact household budgets. Ownwell assists homeowners by reviewing their property assessments and identifying potential savings through appeals and exemptions. By leveraging Ownwell's expertise, homeowners can ensure they are not overpaying and potentially reduce their property tax liabilities.

Property Tax Bills Across Fountain Lake, Garland County, Arkansas

Source: Ownwell

$241

$964

$1,686

Median Fountain Lake Tax Bill

$751

Median Garland County Tax Bill

$863

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Fountain Lake, Garland County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
71901	N/A	N/A	N/A	N/A	N/A

Source: Ownwell