Sandia, Texas Property Taxes
The median property tax rate in Sandia, TX is 1.49%, considerably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Sandia at $53,000, the typical annual property tax bill reaches $788, well below the national median of $2,690. Property taxes in Sandia are calculated based on the tax assessed value, which often falls below market value due to various exemptions like primary residence and agricultural exemptions. Understanding Sandia'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 Sandia or another part of Live Oak County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sandia, 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 Sandia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sandia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sandia 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 Sandia, Texas
Property taxes in Sandia, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sandia is 1.49%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Sandia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sandia 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 Sandia's effective property tax rate to other counties in Texas and the national median. For comparison, the 78383 zip code has the highest median property tax rate of 1.49%, while the 78383 zip code also has the lowest median tax rate of 1.49%. Understanding how these cities compare with Sandia provides valuable insights into the varying tax landscape across Live Oak County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sandia Tax Rate
1.49%
Average Live Oak County Tax Rate
1.49%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sandia, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78383 | 1.49% | 1.49% | 1.49% | 1.49% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Sandia, Texas
In Sandia, 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 Live Oak 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 Sandia, 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 Sandia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 78383 has both the highest and lowest median tax bill at $788.
Average Sandia Assessed Value
$53,000
Average Live Oak County Assessed Value
$67,776
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sandia, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78383 | $4,749 | $16,079 | $53,000 | $118,636 | $194,634 |
Source: Ownwell
Property Tax Bills Across Sandia, Texas
In Sandia, TX, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value of the property. Various factors, such as property size, location, and improvements, influence this assessed value. Once the assessed value is established, it is multiplied by the local tax rate set by the county. For homeowners in Sandia, property taxes can vary significantly. The tax bill for the 25th percentile is $241, while the 75th percentile sees tax bills around $1,782, and the 90th percentile reaches up to $2,871. These figures show a wide range of possible tax bills, reflecting differences in property values and other factors. Compared to the national median property tax rate of 0.99%, homeowners in Sandia may find their property tax obligations either higher or lower depending on specific circumstances. Understanding these factors can help homeowners anticipate their tax bills and manage their finances more effectively.
Average Sandia Tax Bill
$788
Average Live Oak County Tax Bill
$1,069
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Sandia, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78383 | $75 | $241 | $788 | $1,782 | $2,871 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Live Oak Appraisal District | |
Website | propertysearch.liveoakcad.org |