Santa Fe, Texas Property Taxes
The median property tax rate in Santa Fe, TX is 1.34%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Santa Fe at $302,920, the typical annual property tax bill reaches $3,793, surpassing the national median of $2,690. Property taxes in Santa Fe are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Santa Fe'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 Santa Fe 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
Santa Fe, 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 Santa Fe, Texas Tax Savings
Ownwell’s Santa Fe Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Santa Fe with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Santa Fe 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 Santa Fe. 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 Santa Fe, Texas
Property taxes in Santa Fe, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Santa Fe is 1.34%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Santa Fe set these rates annually, and they can vary significantly across different neighborhoods. Each year, Santa Fe 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 Santa Fe's effective property tax rate to other counties in Texas and the national median. For comparison, the 77517 zip code has the highest median property tax rate of 1.34%, while the 77510 zip code has the lowest median tax rate of 1.20%. Understanding how these cities compare with Santa Fe provides valuable insights into the varying tax landscape across Brazoria County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Santa Fe Tax Rate
1.34%
Average Brazoria County Tax Rate
1.96%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Santa Fe, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77510 | 0.46% | 0.74% | 1.20% | 1.67% | 1.95% |
| 77517 | 1.07% | 1.28% | 1.34% | 1.47% | 1.56% |
Source: Ownwell
$1,148
Average Santa Fe Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Santa Fe, Texas
In Santa Fe, 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 Brazoria 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. 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. In Santa Fe, the median home price is $302,920, with the 25th percentile tax bill at $2,544 and the 75th percentile tax bill at $4,930. The highest median tax bill in the area is $4,381 in zip code 77517, while the lowest is $256 in zip code 77510. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Santa Fe Assessed Value
$302,920
Average Brazoria County Assessed Value
$236,820
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Santa Fe, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77510 | $20,395 | $28,638 | $42,375 | $56,112 | $64,355 |
| 77517 | $253,360 | $280,220 | $401,380 | $412,030 | $423,662 |
Source: Ownwell
$1,148
Average Santa Fe Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Santa Fe, Texas
In Santa Fe, Brazoria County, TX, property tax bills are calculated based on the assessed value of your home. The local tax rate is applied to this assessed value to determine the final tax bill. For example, with a median home price of $302,920, homeowners can expect a tax bill that ranges significantly. At the 25th percentile, the tax bill is $2,544, while at the 75th percentile, it reaches $4,930, and at the 90th percentile, it can climb to $5,231. These figures highlight the variability in tax burdens, influenced by property values and local tax rates. Homeowners in Santa Fe face a property tax rate higher than the national median of 0.99%, which can lead to substantial annual expenses. This is where Ownwell's expertise becomes invaluable. By leveraging our property tax appeal and exemption services, homeowners can potentially reduce their assessed property values, leading to lower tax bills. Our team of experts works diligently to ensure you pay only your fair share, helping you save significantly on your property taxes.
Average Santa Fe Tax Bill
$3,793
Average Brazoria County Tax Bill
$4,022
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Santa Fe, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77510 | $207 | $225 | $256 | $287 | $305 |
| 77517 | $3,485 | $3,738 | $4,381 | $5,076 | $5,285 |
Source: Ownwell
$1,148
Average Santa Fe 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 | |
|---|---|
| Brazoria Appraisal District | |
| Website | esearch.brazoriacad.org |
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