Lavaca, Sebastian County, Arkansas Property Taxes

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

Median Lavaca, AR effective property tax rate: 1.01%, slightly lower than the national median of 1.02%, but higher than the Arkansas state median of 0.84%.
Median Lavaca, AR home value: $122,000
Median annual Lavaca, AR tax bill: $1,096, $1,304 lower than the national median property tax bill of $2,400.

How are property taxes in Sebastian calculated?

Property taxes in Lavaca, 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 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 March 1, 2025

Lavaca, Sebastian County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.01%

Estimate Property Tax Bill

$1,232

$1,143

Ownwell’s Lavaca Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lavaca with just two data points.

By entering your property's estimated assessed value, our calculator applies Lavaca’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 Sebastian County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lavaca, Sebastian County, Arkansas

Local government entities determine tax rates, and these can differ significantly within a state. This variation occurs because each county annually estimates its necessary budget for services and divides this by the total value of all taxable property in its area, resulting in the property tax rate. Although setting tax rates and budgets involves votes and legal frameworks, this is the core annual process. In Lavaca, located in Sebastian County, Arkansas, property tax rates are a reflection of this system. When comparing Lavaca’s effective property tax rate to other cities in Arkansas, it's essential to consider the state's median property tax rate and the national median. Arkansas's median property tax rate is slightly below the national median of 1.02%. Understanding these rates can help property owners in Lavaca make informed decisions about their property tax appeals and exemptions. By analyzing these rates, residents can better grasp how their local tax rates align with broader state and national figures, aiding in financial planning and potential savings.

Property Tax Rates Across Lavaca, Sebastian County, Arkansas

Source: Ownwell

0.90%

1.00%

1.11%

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

1.01%

Median Effective Sebastian County Tax Rate

1.04%

Median Effective Arkansas Tax Rate

0.84%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lavaca, Sebastian County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
72941	0.71%	0.92%	1.01%	1.09%	1.09%

Source: Ownwell

Property Tax Assessment Values Across Lavaca, Sebastian 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 Sebastian 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.

In Sebastian 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 Lavaca. For example, the median home price in Lavaca is $122,000, with tax bills ranging significantly across the county. Zip code 72941 has the highest median home price at $122,000.

Property Tax Assessment Values Across Lavaca, Sebastian County, Arkansas

Source: Ownwell

$41,350

$117,283

$193,215

Median Lavaca Market Value

$122,000

Median Sebastian County Market Value

$104,400

Median Arkansas Market Value

$113,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lavaca, Sebastian County, Arkansas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
72941	$40,230	$70,635	$122,000	$168,938	$224,215

Source: Ownwell

Property Tax Bills Across Lavaca, Sebastian County, Arkansas

In Lavaca, located in Sebastian County, AR, property tax bills are calculated based on the assessed value of your home, which is a percentage of the market value. The median home price in Lavaca is $122,000, and the property tax rate is applied to this assessed value to determine the tax bill. Factors such as location, property size, and improvements can influence the assessed value, ultimately affecting the tax bill. Homeowners in Lavaca face varying tax bills, with the 25th percentile at $684 and the 75th percentile at $1,654. The highest median tax bill recorded is $1,096, which is significantly lower than the national median property tax bill of $2,400, providing some relief to homeowners. However, high property taxes can still be a burden. This is where Ownwell can assist. By offering property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax bills, ensuring they only pay their fair share and maximizing their savings.

Property Tax Bills Across Lavaca, Sebastian County, Arkansas

Source: Ownwell

$339

$1,122

$1,905

Median Lavaca Tax Bill

$1,096

Median Sebastian County Tax Bill

$994

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,400

Property Tax Bills Across Lavaca, Sebastian County, Arkansas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
72941	$357	$684	$1,096	$1,654	$2,178

Source: Ownwell

Don't miss the deadline to appeal!

Dates

Links
Sebastian Tax Assessor
Website	www.arcountydata.com