Property Tax Estimator

Use this calculator to estimate your annual property tax based on the purchase price of your home. Keep in mind that your taxes may be higher than the previous owner’s due to reassessment.

Arkansas Homestead Credit & Property Tax Estimator

If you're buying a home in Arkansas, it's important to understand how property taxes work and how they might change after your purchase. You may pay more in property taxes than the previous owner because property values are reassessed when a home is sold. However, Arkansas offers tax relief through Amendment 79, which can help reduce your tax burden.

Homestead Credit & Tax Benefits

✔ Up to $600 Property Tax Credit – If you claim the property as your primary residence, you can receive a tax credit of up to $600 per year.
✔ Assessment Increase Limits – Property tax increases are capped at 5% per year for primary residences and 10% per year for other properties.
✔ Value Freeze for Seniors & Disabled Homeowners – If you're 65 or older or 100% disabled, your home's taxable value is frozen, preventing increases.
✔ One Homestead Credit Per Household– You can only claim one tax credit per household.