Spring Branch, Texas Property Taxes
The median property tax rate in Spring Branch, TX is 0.78%, which is lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $634,920 in Spring Branch, the typical annual property tax bill is $2,747, slightly below the national median of $2,690. Property taxes in Spring Branch are calculated based on the assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Spring Branch'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 Spring Branch or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Spring Branch, 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 Spring Branch, Texas Tax Savings
Ownwell’s SPRING BRANCH Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SPRING BRANCH with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SPRING BRANCH 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 SPRING BRANCH. 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 Spring Branch, Texas
Property taxes in Spring Branch, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Spring Branch is 0.78%, which is lower than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Spring Branch set these rates annually, and they can vary significantly across different neighborhoods. Each year, Spring Branch 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 Spring Branch's effective property tax rate to other counties in Texas and the national median. For comparison, the 78070 zip code has the highest median property tax rate of 0.78%, while the same zip code also has the lowest median tax rate of 0.78%. Understanding how these cities compare with Spring Branch provides valuable insights into the varying tax landscape across Kendall County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Spring Branch Tax Rate
0.78%
Average Kendall County Tax Rate
1.25%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Spring Branch, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78070 | 0.24% | 0.61% | 0.78% | 0.94% | 1.20% |
Source: Ownwell
$1,148
Average Spring Branch Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Spring Branch, Texas
In Spring Branch, 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 Kendall 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 Spring Branch, 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. In Spring Branch, the zip code with the highest median tax bill is 78070, with a median bill of $2,747, which is significantly lower than the national median property tax rate of 0.99%. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Spring Branch Assessed Value
$634,920
Average Kendall County Assessed Value
$486,485
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Spring Branch, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78070 | $142,878 | $360,520 | $634,920 | $759,710 | $973,792 |
Source: Ownwell
$1,148
Average Spring Branch Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Spring Branch, Texas
In Spring Branch, Kendall County, TX, property tax bills are calculated based on the assessed value of your home and the local tax rate. The assessed value is determined by the county appraisal district and reflects the market value of your property. With a median home price of $634,920, homeowners in Spring Branch can expect varying tax bills. For instance, the 25th percentile tax bill is $1,482, while the 75th percentile tax bill reaches $5,775. The highest median tax bill in the area is $2,747, which is significantly higher than the national median property tax rate of 0.99%. Factors such as property size, location, and improvements can affect your tax bill. High property taxes can be a financial burden for homeowners, but Ownwell offers a solution. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax liabilities. Our experienced consultants analyze your property’s assessed value, identify discrepancies, and file appeals on your behalf, ensuring you pay only what’s fair.
Average Spring Branch Tax Bill
$2,747
Average Kendall County Tax Bill
$5,688
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Spring Branch, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78070 | $729 | $1,482 | $2,747 | $5,775 | $7,598 |
Source: Ownwell
$1,148
Average Spring Branch Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 31 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Kendall Appraisal District | |
| Website | esearch.kendallad.org |
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