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Updated 2025 Tax Year

Lampasas County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
2.0% to 2.5% of assessed value (varies by location and districts within county)
1st Due
Jan 31
Exemptions
5+ Available
Section 1

How Property Tax Works

Lampasas County, Texas operates under the state's property tax system, which serves as the primary funding source for essential local services including public schools, county operations, emergency services, and infrastructure maintenance. Property taxes in Lampasas County are assessed annually based on the market value of real estate and personal property as of January 1st each year, with the Lampasas Central Appraisal District responsible for determining property valuations.

The effective property tax rate in Lampasas County typically ranges from 2.0% to 2.5% of assessed value, depending on your specific location within the county. This rate combines multiple components including county taxes, school district taxes, and various special district assessments. Your actual tax rate will vary based on which city, school district, and special taxing districts (such as hospital districts, water districts, or emergency services districts) serve your property location. All property owners should verify their specific tax rate components, as rates can differ significantly between areas within Lampasas County due to the overlay of different taxing jurisdictions.

Section 2

What Makes Up Your Tax Bill

ComponentRate (per $100)Description
Lampasas County$0.5400County operations, roads, law enforcement, courts
School District$0.6169*Local school district funding (maximum compressed rate)
City/MunicipalityVariesMunicipal services (applies only within city limits)
Special DistrictsVariesHospital, water, emergency services, other special districts

*School district rate shown is the maximum compressed rate for FY 2025-2026. Actual rates may be lower.

Total Combined Rate: Approximately $1.15-$1.35 per $100 of assessed value for most properties (FY 2025-2026), though this varies significantly based on your specific location and applicable special districts. The county's no new revenue rate for FY 2025-2026 is $0.526452 per $100. Properties within city limits will have additional municipal taxes, while properties in various special districts will have additional assessments for services like hospitals, water systems, or emergency services.

Section 3

When Are Property Taxes Due?

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

First Installment
Jan 31
Delinquent after Dec 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 property taxes in Lampasas County are triggered when there is a change in property ownership, completion of new construction, or significant improvements that increase a property's assessed value during the tax year. When these events occur after January 1st (the assessment date), a supplemental tax bill is issued to capture the difference between the old and new assessed values for the remainder of the tax year.

The supplemental tax is calculated by taking the difference between the new assessed value and the previous assessed value, applying the current tax rate, and prorating it for the remaining months in the tax year. For example, if you purchase a home in July that was previously assessed at $200,000 but now appraises at $300,000, you would owe supplemental taxes on the $100,000 difference for the remaining 6 months of the tax year. This supplemental bill is separate from the regular annual property tax bill and has its own payment deadline, typically 30 days from the date of issuance.

Example Calculation

Example 1: $300,000 Property

  • Market/Assessed Value: $300,000
  • Homestead Exemption (school): -$100,000
  • Net Taxable Value: $200,000
  • Tax Rate: $1.25 per $100 (estimated combined rate)
  • Annual Tax: $2,500
  • Monthly Escrow: $208

Example 2: $600,000 Property

  • Market/Assessed Value: $600,000
  • Homestead Exemption (school): -$100,000
  • Over-65 Exemption (if applicable): -$10,000*
  • Net Taxable Value: $490,000
  • Tax Rate: $1.25 per $100
  • Annual Tax: $6,125
  • Monthly Escrow: $510

Example 3: $1,000,000 Property

  • Market/Assessed Value: $1,000,000
  • Homestead Exemption (school): -$100,000
  • Net Taxable Value: $900,000
  • Tax Rate: $1.30 per $100 (higher due to special districts)
  • Annual Tax: $11,700
  • Monthly Escrow: $975

*Note: All exemptions require annual application and approval. Over-65 exemptions vary by taxing jurisdiction and require separate applications to each entity. Contact the Lampasas Central Appraisal District at (512) 556-8271 for current application forms and deadlines.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Lampasas County require borrowers to maintain an escrow account for property tax payments, particularly for loans with less than 20% down payment. Your lender will collect monthly payments equal to 1/12th of your estimated annual property tax bill and deposit these funds into a dedicated escrow account. The lender then pays your property taxes directly to Lampasas County when they become due, typically by the January 31st deadline.

Lenders are required to provide an annual escrow analysis statement showing the account activity and any adjustments needed for the coming year. Since property values and tax rates can change annually, your monthly escrow payment may increase or decrease based on the new tax assessment. If your escrow account has a shortage, the lender may offer options to pay the shortage in a lump sum or spread it over 12 months with an increased monthly payment. Property owners should verify that their lender has paid the taxes correctly and on time, as you remain ultimately responsible for ensuring payment even when using escrow services. You can verify payment status by contacting the Lampasas County Tax Assessor-Collector at (512) 556-8271.

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 Lampasas County for the current tax year? A: Property taxes for FY 2025-2026 are due by January 31, 2026. Texas operates on a single annual payment system with this deadline applying to all taxing jurisdictions within the county.

Q: What homestead tax credits are available and do I need to apply? A: The primary homestead exemption provides up to $100,000 reduction in assessed value for school district taxes on your primary residence. This requires an initial application to the Lampasas Central Appraisal District and must be filed by April 30th following the tax year when you first qualify.

Q: How does the homestead exemption cap work on assessment increases? A: Texas homestead properties are subject to a 10% annual cap on assessment increases for tax purposes. This means your home's assessed value for taxes cannot increase more than 10% per year, even if market value rises more. This cap is automatic for qualified homestead properties but the homestead exemption itself requires application.

Q: What other tax credits might I qualify for? A: Over-65 homeowners may qualify for additional exemptions from each taxing jurisdiction (amounts vary by district). Disabled veterans may qualify for exemptions based on their disability rating. Agricultural use valuation is available for qualifying farm and ranch properties. All of these require separate applications with specific deadlines.

Q: How can I appeal my property assessment? A: You can file a protest with the Lampasas Appraisal Review Board if you believe your property is overvalued. Protests must typically be filed by May 31st (or within 30 days of receiving your notice of appraised value). Contact the Lampasas Central Appraisal District for protest forms and procedures.

Q: What are the penalties for late property tax payments? A: Late payments incur penalties starting February 1st: 6% in February, 7% in March, 8% in April, 9% in May, and 10% in June. Additional interest charges of 1% per month also apply. After June, properties may be subject to tax lien proceedings.

Q: Can I pay my property taxes online? A: Contact the Lampasas County Tax Assessor-Collector's office at (512) 556-8271 to inquire about online payment options and accepted payment methods for the current tax year.

Q: Why do properties in the same area have different tax rates? A: Tax rates vary based on special taxing districts that serve your property, such as school districts, hospital districts, emergency services districts, and municipal utility districts. Two properties across the street from each other might be in different special districts, resulting in different total tax rates.

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