HonestCasa logoHonestCasa
All Tax Guides
Updated 2025 Tax Year

Overton County
Property Tax Guide

Everything you need to know about property taxes in Overton County, TN. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Calculate Your True CostMortgage Calculator
Quick Facts
Tax Rate
Approximately 1% effective rate (varies by location within county due to special districts and municipal boundaries)
1st Due
Oct 1
2nd Due
Feb 28
Exemptions
4+ Available
Section 1

How Property Tax Works

Overton County, Tennessee operates under a property tax system that funds essential local services including schools, roads, law enforcement, and general county operations. Property taxes are based on assessed values determined by the County Assessor and tax rates set annually by the County Commission. The effective tax rate in Overton County typically ranges around the state average of approximately 1%, though actual rates vary depending on your specific location within the county due to special taxing districts and municipal boundaries.

Property taxes in Overton County are collected on a fiscal year basis, with taxes becoming due October 1st and remaining payable without penalty through February 28th. Starting March 1st, unpaid taxes accrue interest and penalties at 1.5% per month. The tax system is designed to provide stable funding for county services while maintaining Tennessee's tradition of relatively moderate property tax burdens compared to other states.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
County GeneralVaries annuallyFunds general county operations, roads, and services
County SchoolVaries annuallyFunds Overton County Schools
State SchoolVaries annuallyState-mandated education funding
Total Base Rate~$2.50-$3.50 per $100Combined rate varies by fiscal year

Note: The 2025 tax rates have not yet been set by the County Commission. Rates shown are estimates based on historical data. Special taxing districts within Overton County may have additional assessments for fire protection, utility districts, or other local services. Contact the Overton County Trustee's office for current year rates specific to your property location.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Overton County, property taxes are due in two installments:

First Installment
Oct 1
Delinquent after Dec 10
Second Installment
Feb 28
Delinquent after Apr 10
Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Overton County are additional property tax assessments that occur when there are changes to property ownership, new construction, or improvements made after the regular assessment date. These taxes are calculated based on the difference between the old assessed value and the new assessed value, prorated for the portion of the tax year remaining. For example, if you complete a $50,000 home addition in January and the county assesses it in March, you would receive a supplemental tax bill covering the increased assessment from March through the end of the fiscal year. Supplemental taxes follow the same payment schedule as regular property taxes and are subject to the same penalty structure if paid late.

Example Calculation

Example 1: $300,000 Home Value

  • Market Value: $300,000
  • Assessment Ratio (25%): $75,000
  • Less Homestead Credit (if applied): Varies
  • Net Taxable Value: ~$75,000
  • Annual Tax (at $3.00/$100): $2,250
  • Monthly Escrow: ~$188

Example 2: $600,000 Home Value

  • Market Value: $600,000
  • Assessment Ratio (25%): $150,000
  • Less Homestead Credit (if applied): Varies
  • Net Taxable Value: ~$150,000
  • Annual Tax (at $3.00/$100): $4,500
  • Monthly Escrow: ~$375

Example 3: $1,000,000 Home Value

  • Market Value: $1,000,000
  • Assessment Ratio (25%): $250,000
  • Less Available Credits (if applied): Varies
  • Net Taxable Value: ~$250,000
  • Annual Tax (at $3.00/$100): $7,500
  • Monthly Escrow: ~$625

Note: Tax credits require application and are not automatically applied. Contact the County Assessor for available programs.

See How Taxes Affect Your Payment

Property taxes are just part of your total monthly cost. Get the full picture.

Calculate Now
Section 5

Escrow & Property Taxes

Most mortgage lenders in Overton County require property tax escrow accounts to ensure timely payment of property taxes. Your lender collects monthly payments equal to 1/12 of your annual property tax bill and deposits these funds into an escrow account. The lender then pays your property taxes directly to Overton County when they become due in October. Lenders typically analyze escrow accounts annually and may adjust your monthly payment based on changes in tax assessments or rates. You should receive an annual escrow statement showing deposits, payments, and account balance. If you pay off your mortgage or refinance, verify that property taxes have been paid current and that you receive proper notification of future tax obligations.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Overton County? A: Property taxes are due October 1st and can be paid without penalty through February 28th. Starting March 1st, taxes accrue 1.5% interest and penalty per month.

Q: What tax credits are available and how do I apply? A: Tennessee offers property tax relief programs for elderly/disabled homeowners and veterans. These require application - they are not automatic. Contact the Overton County Assessor's office for guidelines, application forms, and deadlines.

Q: How does the Homestead Credit work? A: The Homestead Credit limits annual assessment increases rather than reducing market value. This caps how much your assessed value can increase each year. You must file an application with the County Assessor - it's not automatic.

Q: When are properties reassessed? A: Tennessee law requires counties to conduct reappraisals every four to six years. Contact the County Assessor for Overton County's current reappraisal schedule.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed by the first Monday in June. Contact the Overton County Board of Equalization for appeal forms and procedures.

Q: What happens if I pay my taxes late? A: Starting March 1st, unpaid taxes accrue 1.5% penalty per month. Continued non-payment can eventually result in tax sale proceedings.

Q: Can I pay property taxes online? A: Contact the Overton County Trustee's office to inquire about online payment options and accepted payment methods.

Q: Do special districts affect my tax rate? A: Yes, properties within special taxing districts (fire districts, utility districts, etc.) may have additional assessments beyond the base county rate. Your location determines which districts apply to your property.

Q: What is the deadline for business personal property tax filings? A: Business personal property tax schedules are mailed by February 1st and due by March 1st. The deadline for filing amended schedules is September 1st.

Q: When is the deadline for Greenbelt (agricultural) applications? A: Greenbelt applications for agricultural use assessment must be filed by March 15th for the current tax year. Properties must meet minimum acreage requirements.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
County
Trustee - Overton County, Tennesseeovertoncountytn.gov
02
County
Property Assessor - Overton County, Tennesseeovertoncountytn.gov
03
COURT OF APPEALS OPINIONStncourts.gov
04
Tangible Personal Propertycomptroller.tn.gov
05
Important Noticestn.gov
06
https://montgomerytn.gov/storage/departments/asses...montgomerytn.gov
07
Tennesseeirs.gov
08
Tax Doc
How to Calculate Your Tax Billcomptroller.tn.gov
09
County
Overton County, Tennessee - Comptroller of the Treasurycomptroller.tn.gov
10
County
Overton County, Tennessee - Comptroller of the Treasurycomptroller.tn.gov
All sources verified as of 2025 Tax Year

See the Full Picture of Your Home Costs

Property taxes are just one piece of homeownership. HonestCasa helps you understand your total monthly cost and explore safe ways to access your home equity.

Total Monthly Cost

Mortgage + taxes + insurance + HOA

Equity Growth

Track how your equity grows over time

Safe Equity Access

Options for projects or debt payoff

Run Your ScenarioTry Calculator

Free • No credit check • 2-minute estimate