Taxation

Taxation

Property in Burnet County is appraised at market value by the Burnet Central Appraisal District. The City of Marble Falls, Burnet County and the Marble Falls Independent School District exempt inventories held for under 175 days and exported from the State of Texas. This "Triple Freeport" exemption applies to all locations and industrial parks in the City of Marble Falls.




2020 Property Tax Rates (per $100 assessed value)

Taxing Entity Rate
City of Marble Falls* $.6100*
    *Interest and Sinking Fund $.3535
    *Maintenance and Operations $.2565
Burnet County $.3582
Burnet County Special $.0417
Central Texas Groundwater $.0072
Marble Falls ISD $1.1850
Total Rate $2.2021

Sales Tax Exemptions

  • Groceries
  • Prescriptions

Corporate of Personal Income Tax

None in Texas

State Franchise Tax

  • 4.5% / 2.5% per $1000 net taxable income / taxable capital
  • Texas has no corporate or personal income tax

Sales Tax

Tax Rate
City Sales Tax 2.00%
State Sales Tax 6.25%
Total Rate 8.25%

Principal Taxpayers (Fiscal Year Ending September 30, 2020)

Taxpayer Type of Business 2019 Assessed Valuation (1) Percentage of Assessed Value
NE Marble Falls LP Construction $17,000,000 1.797%
WorldMark, The Club Hospitality $14,434,311 1.789%
HTA-Marble Falls MOB LLC Hospital $14,026,820 1.605%
Homestead Mormon Mill, LP Apartments $12,222,103 1.500%
Huber Carbonates LLC Stone Quarry $12,047,656 1.264%
Bray Spaar Partnership Retail $11,700,000 1.173%
Pedernales Electric Co Op Electric Company $ 10,347,706 1.071%
WalMart Stores Inc Discount Retailer $ 9,454,760 0.921%
L Dor V Dor LLC Retail $ 7,800,000 0.897%
H.E.B Grocery Retail $ 6,704,660 0.752%
(1) Source: Burnet County Appraisal District