Shavano Park, Texas Property Taxes
The median property tax rate in Shavano Park, TX is 1.90%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Shavano Park at $840,000, the typical annual property tax bill reaches $16,058, far exceeding the national median of $2,690. Property taxes in Shavano Park 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 Shavano Park'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 Shavano Park 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
Shavano Park, 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 Shavano Park, Texas Tax Savings
Ownwell’s Shavano Park Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Shavano Park with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shavano Park 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 Shavano Park. 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 Shavano Park, Texas
Property taxes in Shavano Park, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shavano Park is 1.90%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Shavano Park set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shavano Park 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 Shavano Park's effective property tax rate to other counties in Texas and the national median. For comparison, the 78231 zip code has the highest median property tax rate of 1.91%, while the 78249 zip code has the lowest median tax rate of 1.85%. Understanding how these cities compare with Shavano Park 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 Shavano Park 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 Shavano Park, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78230 | 1.82% | 1.88% | 1.90% | 1.96% | 2.06% |
| 78231 | 1.73% | 1.80% | 1.91% | 2.05% | 2.06% |
| 78249 | 1.79% | 1.81% | 1.85% | 2.03% | 2.06% |
Source: Ownwell
$1,148
Average Shavano Park Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Shavano Park, Texas
In Shavano Park, 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 Shavano Park, 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 Shavano Park 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 $23,063 in the 78230 zip code, while the lowest is $13,486 in the 78231 zip code.
Average Shavano Park Assessed Value
$840,000
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 Shavano Park, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78230 | $975,000 | $1,072,010 | $1,211,820 | $1,358,490 | $1,502,930 |
| 78231 | $537,795 | $595,028 | $694,080 | $911,730 | $1,174,229 |
| 78249 | $680,320 | $757,495 | $926,010 | $1,516,145 | $1,846,776 |
Source: Ownwell
$1,148
Average Shavano Park Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Shavano Park, Texas
In Shavano Park, located in Bexar County, TX, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. With a median home price of $840,000, homeowners can expect tax bills that vary significantly based on their property's assessed value and the specific tax rate applied. For instance, the 25th percentile tax bill is around $12,388, while the 75th percentile tax bill can reach $22,659. At the high end, the 90th percentile tax bill climbs to $27,712. These figures highlight the importance of accurate property assessments and the impact of local tax rates on homeowners' finances. Ownwell can help homeowners in Shavano Park save on their property tax bills by providing expert property tax appeal and exemption services. By ensuring that properties are fairly assessed and by identifying potential exemptions, Ownwell can help reduce the overall tax burden, potentially saving homeowners thousands of dollars annually. This service not only provides financial relief but also ensures that homeowners are not overpaying on their property taxes.
Average Shavano Park Tax Bill
$16,058
Average Bexar County Tax Bill
$5,362
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Shavano Park, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78230 | $18,595 | $20,378 | $23,063 | $26,108 | $28,879 |
| 78231 | $10,029 | $11,346 | $13,486 | $17,033 | $22,694 |
| 78249 | $12,610 | $14,267 | $18,092 | $28,849 | $36,352 |
Source: Ownwell
$1,148
Average Shavano Park 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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