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Updated 2025 Tax Year

Lee County
Property Tax Guide

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

10 Official Sources
8 min read
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Quick Facts
Tax Rate
$0.57 per $100 assessed value (varies by district with additional assessments)
1st Due
Dec 5
Exemptions
4+ Available
Section 1

How Property Tax Works

Lee County, Virginia operates on a property tax system that serves as the primary funding source for essential local services including schools, public safety, road maintenance, and county administration. Property taxes in Lee County are assessed annually based on the fair market value of real property and personal property as determined by the county assessor's office.

The effective tax rate in Lee County varies depending on your specific location within the county due to special taxing districts and additional assessments that may apply to certain areas. Property owners should be aware that their total tax bill may include charges beyond the base county rate, including school district assessments and other special district fees. The county reassesses all properties periodically to ensure assessed values reflect current market conditions, though Virginia does not impose a statewide assessment cap on property value increases.

Section 2

What Makes Up Your Tax Bill

ComponentRate (per $100)Description
Real Property Tax$0.1774Base rate for all real property in Lee County (FY 2025)
Manufactured Homes$0.1774Same rate applies to manufactured homes (FY 2025)
Personal Property$0.1774Rate for personal property assessments (FY 2025)

Note: These rates are for fiscal year 2025 and may vary by special taxing districts within Lee County. Additional assessments or special district charges may apply depending on your property's location. Contact the Lee County Commissioner of Revenue for district-specific rate information.

Section 3

When Are Property Taxes Due?

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

First Installment
Dec 5
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 taxes in Lee County are additional property tax bills issued when there are changes in property ownership, new construction completion, or significant improvements made to existing properties during the tax year. These supplemental assessments are calculated based on the difference between the old and new assessed values, prorated for the portion of the tax year remaining after the change occurred.

For example, if you purchase a newly constructed home in Lee County that was completed in January but not previously assessed, you would receive a supplemental tax bill covering the full tax year based on the new assessment. The supplemental tax would be calculated using the current $0.1774 per $100 rate applied to the newly assessed value, with payment typically due within 30 days of the bill date.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Tax Credits Applied: $0 (assuming no applications filed)
  • Net Taxable Value: $300,000
  • Annual Tax: $300,000 ÷ 100 × $0.1774 = $532.20
  • Monthly Escrow: $44.35

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Tax Credits Applied: $0 (assuming no applications filed)
  • Net Taxable Value: $600,000
  • Annual Tax: $600,000 ÷ 100 × $0.1774 = $1,064.40
  • Monthly Escrow: $88.70

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Tax Credits Applied: $0 (assuming no applications filed)
  • Net Taxable Value: $1,000,000
  • Annual Tax: $1,000,000 ÷ 100 × $0.1774 = $1,774.00
  • Monthly Escrow: $147.83

Note: Tax credits for seniors, veterans, and disabled individuals are available but require separate applications to be filed with the county assessor.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Lee County require property tax escrow accounts for borrowers with less than 20% down payment. Your lender collects monthly property tax payments along with your mortgage payment, depositing these funds into an escrow account. The lender then pays your property taxes directly to Lee County on the due dates of April 15 and October 15.

Lenders are required to conduct annual escrow analyses to ensure adequate funds are collected. If property taxes increase due to reassessment or rate changes, your monthly escrow payment may be adjusted accordingly. Property owners with escrow accounts should verify that payments are made timely by checking with the Lee County tax office, as borrowers remain ultimately responsible for ensuring taxes are paid even when using escrow services.

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 Lee County for the current fiscal year? A: Property taxes are due twice yearly on April 15 and October 15. These dates apply to fiscal year 2025 property tax bills.

Q: What tax credits are available and do I need to apply? A: Lee County offers various tax credits including senior citizen credits, veteran disability credits, and disabled person credits. All tax credits require separate applications to be filed with the Commissioner of Revenue - they are not automatically applied.

Q: What is the homestead exemption and how does it work? A: Virginia's homestead exemption limits the annual increase in assessed value for qualifying homeowners, typically capping increases rather than reducing market value. You must file an application with the county assessor to qualify for this protection.

Q: How often does Lee County reassess properties? A: Lee County conducts periodic countywide reassessments. Property owners receive notice of new assessments and have the right to appeal through the county's assessment appeal process if they believe the valuation is incorrect.

Q: What are the penalties for late property tax payments? A: Late payments incur penalties and interest charges. Contact the Lee County Treasurer's office for current penalty rates and payment options if your taxes are delinquent.

Q: Can I pay my property taxes online? A: Check with the Lee County Treasurer's office for available online payment options and accepted payment methods for property tax bills.

Q: Why is my tax bill different from my neighbor's? A: Tax bills vary based on assessed value, applicable tax credits, and special district assessments. Properties in different special taxing districts within Lee County may have different total rates.

Q: How do I apply for available tax credits? A: Contact the Lee County Commissioner of Revenue for application forms and deadlines. Most tax credit applications have annual filing deadlines and require documentation to verify eligibility.

Verified Sources

Backed by 10 Official Government Sources

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

01
Tax Doc
Tax Rates | Town of Leesburg, Virginialeesburgva.gov
02
State
Real Estate Taxes | Town of Leesburg, Virginialeesburgva.gov
03
County
Tax Rates for County, City, Town, and Districts. TY 2024tax.virginia.gov
04
Tax Doc
Where to File | Virginia Taxtax.virginia.gov
05
Tax Doc
Taxes & Fees | Town of Leesburg, Virginialeesburgva.gov
06
Tax Doc
Property Return Due Dates - West Virginia Tax Divisiontax.wv.gov
07
Tax Doc
Personal Property Taxes | Town of Leesburg, Virginialeesburgva.gov
08
Tax Doc
§ 58.1-3607. Property exempt from taxation by designationlaw.lis.virginia.gov
09
Tax Doc
Code of Virginia Code - Chapter 36. Tax Exempt Propertylaw.lis.virginia.gov
10
Tax Doc
FORM 770 - Virginia Taxtax.virginia.gov
All sources verified as of 2025 Tax Year

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