Macdona, Texas Property Taxes
The median property tax rate in Macdona, TX is 1.23%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $63,030 in Macdona, the typical annual property tax bill is $777, significantly below the national median of $2,690. Property taxes in Macdona are calculated based on the assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Macdona's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Macdona or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Macdona, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Macdona, Texas Tax Savings
Ownwell’s Macdona Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Macdona with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Macdona to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Macdona. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Macdona, Texas
Property taxes in Macdona, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Macdona is 1.23%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Macdona set these rates annually, and they can vary significantly across different neighborhoods. Each year, Macdona estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Macdona's effective property tax rate to other counties in Texas and the national median. For comparison, the 78054 zip code has the highest median property tax rate of 1.23%, while the 78054 zip code also has the lowest median tax rate of 1.23%. Understanding how these cities compare with Macdona provides valuable insights into the varying tax landscape across Bexar County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Macdona Tax Rate
1.23%
Average Bexar County Tax Rate
2.03%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Macdona, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78054 | 1.23% | 1.23% | 1.23% | 1.23% | 1.23% |
Source: Ownwell
$1,148
Average Macdona Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Macdona, Texas
In Macdona, Texas, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Bexar County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Macdona, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Macdona helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Macdona are both $777, specifically in the 78054 zip code.
Average Macdona Assessed Value
$63,030
Average Bexar County Assessed Value
$265,000
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Macdona, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78054 | $63,030 | $63,030 | $63,030 | $63,030 | $63,030 |
Source: Ownwell
$1,148
Average Macdona Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Macdona, Texas
In Macdona, located in Bexar County, TX, property tax bills are calculated based on the assessed value of a home. The median home price in Macdona is $63,030, and the property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and market conditions play a significant role in the assessment process. Homeowners in Macdona can expect a median property tax bill of $777, which is considerably lower than the national median property tax rate of 0.99%. This relatively low tax bill can still be a burden for some homeowners. That's where Ownwell steps in. Ownwell provides expert property tax appeal and exemption services, helping homeowners reduce their tax liabilities. By carefully analyzing property assessments and identifying discrepancies, Ownwell can assist homeowners in Macdona in securing significant savings on their property tax bills, ensuring they only pay their fair share.
Average Macdona Tax Bill
$777
Average Bexar County Tax Bill
$5,362
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Macdona, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78054 | $777 | $777 | $777 | $777 | $777 |
Source: Ownwell
$1,148
Average Macdona Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Bexar Appraisal District | |
| Phone | (210) 335-2251 |
| Website | bexar.trueautomation.com |
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