Hill Country Village, Texas Property Taxes
The median property tax rate in Hill Country Village, TX is 1.90%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Hill Country Village at $1,443,300, the typical annual property tax bill reaches $26,570, far exceeding the national median of $2,690. Property taxes in Hill Country Village 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 Hill Country Village'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 Hill Country Village 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
Hill Country Village, 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 Hill Country Village, Texas Tax Savings
Ownwell’s HILL COUNTRY VILLAGE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in HILL COUNTRY VILLAGE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in HILL COUNTRY VILLAGE 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 HILL COUNTRY VILLAGE. 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 Hill Country Village, Texas
Property taxes in Hill Country Village, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hill Country Village is 1.90%, higher than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within Hill Country Village set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hill Country Village 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 Hill Country Village's effective property tax rate to other counties in Texas and the national median. For comparison, the 78232 zip code has the highest median property tax rate of 1.90%, while the same zip code also has the lowest median tax rate of 1.90%. Understanding how these cities compare with Hill Country Village 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 Hill Country Village Tax Rate
1.90%
Average Bexar County Tax Rate
2.03%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hill Country Village, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78232 | 1.81% | 1.90% | 1.90% | 1.90% | 1.90% |
Source: Ownwell
$1,148
Average Hill Country Village Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Hill Country Village, Texas
In Hill Country Village, 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 Hill Country Village, 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 Hill Country Village helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $26,570 in the 78232 zip code, while the lowest median tax bill is also $26,570 in the same zip code.
Property Tax Assessment Values Across Hill Country Village, Texas
Source: Ownwell
$1,940
$5,727,340
$11,452,740
Average Hill Country Village Assessed Value
$1,443,300
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 Hill Country Village, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78232 | $601,760 | $850,130 | $1,443,300 | $1,957,270 | $2,245,904 |
Source: Ownwell
$1,148
Average Hill Country Village Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Hill Country Village, Texas
In Hill Country Village, property tax bills are calculated based on the assessed value of a home, which is determined by the Bexar County Appraisal District. The median home price in the area is $1,443,300. Property tax rates are applied to this assessed value, resulting in tax bills that can vary significantly. For instance, homeowners in the 25th percentile pay around $16,143, while those in the 75th percentile face bills as high as $36,564. The highest median tax bill in the 78232 ZIP code is $26,570, which is notably higher than the national median property tax rate of 0.99%. Several factors, including property size, location, and market trends, influence the assessed value and, consequently, the tax bill. High property taxes can significantly impact homeowners' budgets, making it crucial to explore ways to reduce these costs. Ownwell specializes in property tax appeal and exemption services, helping homeowners challenge their assessed values and potentially lower their tax bills. By leveraging expert knowledge and local market insights, Ownwell can assist in achieving substantial savings.
Average Hill Country Village Tax Bill
$26,570
Average Bexar County Tax Bill
$5,362
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Hill Country Village, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78232 | $11,427 | $16,143 | $26,570 | $36,564 | $41,757 |
Source: Ownwell
$1,148
Average Hill Country Village 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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