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Cedar Park, Bastrop County, Texas Property Taxes

  • Median Cedar Park, TX effective property tax rate: 1.99%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.

  • Median Cedar Park, TX home value: $17,906

  • Median annual Cedar Park, TX tax bill: $356, $2,044 lower than the national median property tax bill of $2,400.

How are property taxes in Bastrop County calculated?

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

Last Updated March 1, 2025

Cedar Park, Bastrop County, Texas Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.99%

Estimate Property Tax Bill

$356

$331

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Cedar Park Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cedar Park with just two data points. By entering your property's estimated assessed value, our calculator applies Cedar Park’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 more 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 Bastrop County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cedar Park, Bastrop County, Texas

Local government entities determine tax rates, and these can differ significantly across a state. Each year, counties estimate the budget required to provide essential services and divide this by the total value of all taxable property within their boundaries. This calculation establishes the property tax rate. Although setting tax rates and budgets involves votes and laws, this is essentially how the process works annually.

In Cedar Park, located in Williamson County, Texas, the effective property tax rate offers some interesting comparisons. Cedar Park's rate is notably higher than the national median property tax rate of 1.02%, reflecting the local government's funding needs for services. When compared to other cities in Texas, Cedar Park's rate is in line with the state's median property tax rate. However, it is important to note that Texas itself has a higher median property tax rate compared to the national average. This indicates a broader trend within the state, where property tax rates tend to be elevated to meet budgetary requirements. Understanding these differences can be crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Cedar Park, Bastrop County, Texas

Source: Ownwell

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0.92%

1.28%

1.64%

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 Cedar Park Tax Rate

1.99%

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 Bastrop County Tax Rate

1.39%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cedar Park, Bastrop County, Texas

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
78613N/AN/AN/AN/AN/A

Source: Ownwell

Property Tax Assessment Values Across Cedar Park, Bastrop County, Texas

When examining property taxes in Cedar Park, TX, 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 Bastrop 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. Assessment notices: In Bastrop 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 Cedar Park. For example, the median home price in Cedar Park is $17,906, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Cedar Park, Bastrop County, Texas

Source: Ownwell

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$167,316

$240,313

$313,309

Median Cedar Park Market Value

$17,906

Median Bastrop County Market Value

$264,754

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cedar Park, Bastrop County, Texas

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
78613N/AN/AN/AN/AN/A

Source: Ownwell

Property Tax Bills Across Cedar Park, Bastrop County, Texas

In Cedar Park, TX, property tax bills are determined based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. With a median home price of $17,906, property taxes can be a significant financial consideration for homeowners. The tax bill at the 25th, 75th, and 90th percentiles is $356, which is notably lower than the national median property tax bill of $2,400. This relatively low tax bill can still impact homeowners, especially when combined with other expenses. Factors influencing the tax bill include property location, improvements, and changes in local tax rates. Ownwell assists homeowners by identifying opportunities for property tax appeals and exemptions, potentially lowering their tax burden. By analyzing market trends and property assessments, Ownwell helps ensure homeowners are not overpaying, providing peace of mind and potential savings.

Property Tax Bills Across Cedar Park, Bastrop County, Texas

Source: Ownwell

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$1,228

$2,327

$3,426

Median Cedar Park Tax Bill

$356

Median Bastrop County Tax Bill

$2,784

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Cedar Park, Bastrop County, Texas

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
78613N/AN/AN/AN/AN/A

Source: Ownwell

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