Castroville, Texas Property Taxes
The median property tax rate in Castroville, TX is 2.00%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Castroville, the typical annual property tax bill reaches $2,020, slightly below the national median of $2,690. Property taxes in Castroville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Castroville'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 Castroville 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
Castroville, 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 Castroville, Texas Tax Savings
Ownwell’s Castroville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Castroville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Castroville 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 Castroville. 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 Castroville, Texas
Property taxes in Castroville, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Castroville is 1.97%, significantly higher than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within Castroville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Castroville 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 Castroville's effective property tax rate to other counties in Texas and the national median. For comparison, the 78009 zip code has the highest median property tax rate of 2.00%, while the same zip code also has the lowest median tax rate of 2.00%. Understanding how these cities compare with Castroville provides valuable insights into the varying tax landscape across Medina County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Castroville Tax Rate
2.00%
Average Bexar County Tax Rate
2.03%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Castroville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78009 | 1.24% | 1.91% | 2.00% | 2.00% | 2.00% |
Source: Ownwell
$1,148
Average Castroville Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Castroville, Texas
In Castroville, 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 Castroville, 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 Castroville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Castroville is $108,110, with tax bills ranging from $740 at the 25th percentile to $8,133 at the 90th percentile. The zip code 78009 has both the highest and lowest median tax bill at $2,020.
Average Castroville Assessed Value
$108,110
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 Castroville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78009 | $35,930 | $37,060 | $108,110 | $215,430 | $945,932 |
Source: Ownwell
$1,148
Average Castroville Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Castroville, Texas
In Castroville, Bexar County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Castroville is $108,110, and the property tax rate is determined by local taxing authorities. Homeowners in Castroville can expect tax bills to vary significantly, with the 25th percentile at $740 and the 75th percentile at $4,083. The highest median tax bill in the area is $2,020, which aligns with the national median property tax rate of 0.99%. Several factors influence the property tax bill, including the assessed value of the property, exemptions, and local tax rates. Higher property values and fewer exemptions typically result in higher tax bills, impacting homeowners' annual expenses. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging expertise and local market knowledge, Ownwell can help reduce the assessed value of your property, ensuring you pay only your fair share. This can lead to substantial savings, making homeownership more affordable.
Average Castroville Tax Bill
$2,020
Average Bexar County Tax Bill
$5,362
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Castroville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78009 | $717 | $740 | $2,020 | $4,083 | $8,133 |
Source: Ownwell
$1,148
Average Castroville 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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