If you’re considering moving to Cedar Park, TX, you’re probably asking: How much are property taxes in Cedar Park? It’s a smart question! Property taxes can have a major impact on your overall housing costs, and they vary by location, home value, and even school district. Let’s break it down so you know exactly what to expect.
Cedar Park Property Tax Rates
As of 2024, the average property tax rate in Cedar Park is around 2.1% to 2.5% of the home’s assessed value. That means if you purchase a home valued at $500,000, you could be looking at an annual property tax bill between $10,500 and $12,500. However, the exact amount depends on which taxing entities apply to your property.
Who Collects Property Taxes in Cedar Park?
Several entities make up your total property tax bill:
- City of Cedar Park – Funds local services like police, fire protection, and parks.
- Williamson County or Travis County – Covers county-level services, including roads and public safety.
- Leander Independent School District (LISD) or Round Rock ISD – School district taxes often make up the largest portion of your bill.
- Other special districts – Municipal utility districts (MUDs) and emergency services districts (ESDs) may also levy taxes in certain neighborhoods.
Can You Lower Your Property Tax Bill?
Yes! Here are some ways homeowners in Cedar Park can reduce their tax burden:
- Homestead Exemption – If you live in your home as your primary residence, you may qualify for a homestead exemption, which reduces the taxable value of your property.
- Over-65 or Disabled Exemption – Homeowners 65 and older or those with disabilities may receive additional reductions.
- Protesting Your Assessment – If you believe your home’s assessed value is too high, you can file a property tax protest with the county appraisal district.
Why Property Taxes Matter When Moving to Cedar Park, TX
If you’re thinking about moving to Cedar Park, TX, it’s important to factor property taxes into your budget. The taxes here are higher than the national average but still lower than some neighboring cities like Austin. The good news? Cedar Park offers top-rated schools, excellent public services, and a high quality of life—all of which your tax dollars help fund.
So, how much are property taxes in Cedar Park? It depends on your home’s value and where it’s located, but expect to pay between 2.1% and 2.5% of the assessed value. If you’re planning on moving to Cedar Park, TX, knowing these costs upfront will help you make a well-informed decision. Have questions about homes in the area? Let’s connect and find the right property for you!