Santa Anna, Texas Property Taxes
The median property tax rate in Santa Anna, TX is 1.89%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Santa Anna, the typical annual property tax bill reaches $1,120, which is below the national median of $2,690. Property taxes in Santa Anna 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 Santa Anna'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 Anna 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 Anna, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Santa Anna Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Santa Anna with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Santa Anna to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Anna, Texas
Property taxes in Santa Anna, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Santa Anna is 1.89%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Santa Anna set these rates annually, and they can vary significantly across different neighborhoods. Each year, Santa Anna 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 Anna's effective property tax rate to other counties in Texas and the national median. For comparison, the 76878 zip code has the highest median property tax rate of 1.89%, while the same zip code also has the lowest median tax rate of 1.89%. Understanding how these cities compare with Santa Anna provides valuable insights into the varying tax landscape across Coleman County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Santa Anna Tax Rate
1.89%
Average Coleman County Tax Rate
2.45%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Santa Anna, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76878 | 0.61% | 1.20% | 1.89% | 2.54% | 2.54% |
Source: Ownwell
Property Tax Assessment Values Across Santa Anna, Texas
In Santa Anna, 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 Coleman 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 Santa Anna, 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 Santa Anna 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 $1120 in zip code 76878, while the lowest median tax bill is also $1120 in the same zip code.
Average Santa Anna Assessed Value
$70,245
Average Coleman County Assessed Value
$44,875
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Santa Anna, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76878 | $6,731 | $31,530 | $70,245 | $149,778 | $392,904 |
Source: Ownwell
Property Tax Bills Across Santa Anna, Texas
In Santa Anna, located in Coleman County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The assessed value is a percentage of the home's market value and is used to calculate the property tax owed. Homeowners in Santa Anna face property tax bills that vary significantly depending on the assessed value of their property. For instance, the tax bill at the 25th percentile is $579, while at the 75th percentile, it rises to $1,993, and at the 90th percentile, it can reach up to $3,152. These tax bills are influenced by various factors, including the property's location, size, and improvements. For homeowners, this means that higher property values lead to higher tax bills, impacting their annual expenses. Compared to the national median property tax rate of 0.99%, Santa Anna's property tax rates can significantly affect homeowners' financial planning and budgeting.
Average Santa Anna Tax Bill
$1,120
Average Coleman County Tax Bill
$898
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Santa Anna, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76878 | $161 | $579 | $1,120 | $1,993 | $3,152 |
Source: Ownwell