78602 Property Tax Rate

Property owners in ZIP code 78602 (Bastrop, Texas) pay a median of $4,613/year in property taxes on homes valued at $310,300. This translates to an effective tax rate of 1.49%, which is 10% above the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 78602 is approximately $384, which factors into escrow payments on mortgages. This ZIP code is located within Bastrop County. This is $1,482 more than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 78602 has lower property taxes. ZIP codes with similar effective rates include 77040 (1.49%) and 78152 (1.49%).

In Bastrop, property taxes represent approximately 5.3% of the median household income of $86,976, providing context for the relative tax burden on homeowners in this area.

Texas imposes no cap on the initial appraisal when you purchase in Bastrop County, but once you establish homestead status, the 10% annual increase cap begins protecting your $310,300 median home value. File your Homestead Exemption with the Bastrop County Appraisal District by April 30 in the year following purchase to lock in this protection and reduce school taxes. Review your Notice of Appraised Value each spring and file a formal protest by May 15 if the assessed value exceeds 110% of the prior year.