Kingsbury, Texas Property Taxes
The median property tax rate in Kingsbury, TX is 1.28%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $106,794 in Kingsbury, the typical annual property tax bill amounts to $1,284, falling below the national median of $2,690. Property taxes in Kingsbury are calculated based on the assessed value, which is often less than the market value due to exemptions such as the primary residence and agricultural exemptions. Gaining a thorough understanding of Kingsbury's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in significant annual savings. Whether you're in the heart of Kingsbury or another part of the city, understanding the local property tax system is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Kingsbury, 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 Kingsbury, Texas Tax Savings
Ownwell’s Kingsbury Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kingsbury with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kingsbury 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 Kingsbury. 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 Kingsbury, Texas
Property taxes in Kingsbury, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kingsbury is 1.28%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Kingsbury set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kingsbury 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 Kingsbury's effective property tax rate to other counties in Texas and the national median. For comparison, the 78638 zip code has the highest median property tax rate of 1.28%, while the 78638 zip code has the lowest median tax rate of 1.28%. Understanding how these cities compare with Kingsbury provides valuable insights into the varying tax landscape across Guadalupe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kingsbury Tax Rate
1.28%
Average Guadalupe County Tax Rate
1.69%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kingsbury, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78638 | 0.39% | 1.00% | 1.28% | 1.44% | 1.61% |
Source: Ownwell
$1,148
Average Kingsbury Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Kingsbury, Texas
In Kingsbury, 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 Guadalupe 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 in Kingsbury 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. In Kingsbury, the zip code with the highest median tax bill is 78638, at $1,284, while the lowest is also in the same zip code at $1,284. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Kingsbury Assessed Value
$106,794
Average Guadalupe County Assessed Value
$288,797
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kingsbury, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78638 | $7,140 | $33,670 | $106,794 | $254,128 | $373,221 |
Source: Ownwell
$1,148
Average Kingsbury Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Kingsbury, Texas
Property tax bills in Kingsbury, TX, are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in Kingsbury is $106,794. Tax rates are applied to this assessed value to determine the annual tax bill. Homeowners in Kingsbury experience a wide range of tax bills, from the 25th percentile at $274 to the 90th percentile at $4,649, with a median tax bill of $1,284 in the zip code 78638. This variability can significantly impact household budgets. Factors such as property size, location, and improvements can influence the assessed value, and consequently, the tax bill. Higher assessed values mean higher tax bills, which can be burdensome for homeowners. Ownwell can assist homeowners in appealing their property assessments, potentially lowering their tax bills. By leveraging professional expertise and local market knowledge, Ownwell ensures that properties are fairly assessed, helping homeowners save money and reduce financial stress.
Average Kingsbury Tax Bill
$1,284
Average Guadalupe County Tax Bill
$4,783
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Kingsbury, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78638 | $50 | $274 | $1,284 | $2,864 | $4,649 |
Source: Ownwell
$1,148
Average Kingsbury 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 | |
---|---|
Guadalupe Appraisal District | |
Website | esearch.guadalupead.org |
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