Geronimo, Texas Property Taxes
The median property tax rate in Geronimo, 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 $122,684 in Geronimo, the typical annual property tax bill amounts to $1,795, which is below the national median of $2,690. Property taxes in Geronimo are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural use. Understanding Geronimo'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 Geronimo 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
Geronimo, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$1,509
$1,396
$1,148
Average Geronimo, Texas Tax Savings
Ownwell’s Geronimo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Geronimo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Geronimo 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 Geronimo. 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 Guadalupe County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Geronimo, Texas
Property taxes in Geronimo, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Geronimo is 1.23%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Geronimo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Geronimo 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 Geronimo's effective property tax rate to other counties in Texas and the national median. For comparison, the 78115 zip code has the highest median property tax rate of 1.23%, while the 78115 zip code has the lowest median tax rate of 1.23%. Understanding how these cities compare with Geronimo provides valuable insights into the varying tax landscape across Guadalupe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Geronimo Tax Rate
1.23%
Average Guadalupe County Tax Rate
1.69%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Geronimo, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78115 | 1.05% | 1.12% | 1.23% | 1.35% | 1.42% |
Source: Ownwell
$1,148
Average Geronimo Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Geronimo, Texas
In Geronimo, 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 Guadalupe 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 Geronimo, 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 Geronimo helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Geronimo is $122,684, with the 25th percentile tax bill at $898 and the 75th percentile tax bill at $2,693. The highest and lowest median tax bills are both $1,795 in the 78115 zip code.
Average Geronimo Assessed Value
$122,684
Average Guadalupe County Assessed Value
$288,797
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Geronimo, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78115 | $24,538 | $61,342 | $122,684 | $184,025 | $220,830 |
Source: Ownwell
$1,148
Average Geronimo Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Geronimo, Texas
In Geronimo, property tax bills are calculated based on the assessed value of a home, which is determined by the Guadalupe County Appraisal District. This assessed value is then multiplied by the local tax rate, which varies depending on the specific taxing authorities in the area. For instance, the national median property tax rate is 0.99%, but local rates can differ significantly. In Geronimo, homeowners see a wide range in their tax bills, from about $898 at the 25th percentile to $3,231 at the 90th percentile. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. Ownwell helps homeowners in Geronimo reduce their property tax bills by providing expert property tax appeal services. By reviewing and contesting the assessed value of a home, Ownwell can identify discrepancies and potentially lower the tax burden. This can result in substantial savings, particularly for those with higher tax bills.
Average Geronimo Tax Bill
$1,795
Average Guadalupe County Tax Bill
$4,783
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Geronimo, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78115 | $359 | $898 | $1,795 | $2,693 | $3,231 |
Source: Ownwell
$1,148
Average Geronimo 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 | |
|---|---|
| Guadalupe Appraisal District | |
| Website | esearch.guadalupead.org |
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