Adkins, Texas Property Taxes
The median property tax rate in Adkins, TX is 1.67%, aligning with the state median but significantly higher than the national median of 0.99%. With a median home value of $194,620 in Adkins, the typical annual property tax bill reaches $2,823, surpassing the national median of $2,690. Property taxes in Adkins are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Adkins' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Adkins 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
Adkins, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,250
$3,016
$1,148
Average Tax Savings
Ownwell’s Adkins Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Adkins with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Adkins 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 Adkins. 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 Adkins, Texas
Property taxes in Adkins, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Adkins is 1.67%, higher than both the Texas state median of 1.60% and the U.S. national median of 0.99%. Local government entities within Adkins set these rates annually, and they can vary significantly across different neighborhoods. Each year, Adkins 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 Adkins's effective property tax rate to other counties in Texas and the national median. For comparison, the 78101 zip code has the highest median property tax rate of 1.67%, while the 78101 zip code also has the lowest median tax rate of 1.67%. Understanding how these cities compare with Adkins provides valuable insights into the varying tax landscape across Bexar County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Adkins Tax Rate
1.67%
Average Bexar County Tax Rate
2.03%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Adkins, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78101 | 1.12% | 1.42% | 1.67% | 1.73% | 1.73% |
Source: Ownwell
$1,148
Average Adkins Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Adkins, Texas
In Adkins, 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 Bexar 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. 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 Adkins helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Adkins, the zip code with the highest and lowest median tax bill is 78101, with a median tax bill of $2,823.
Average Adkins Assessed Value
$194,620
Average Bexar County Assessed Value
$265,000
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Adkins, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78101 | $48,388 | $96,175 | $194,620 | $320,778 | $482,067 |
Source: Ownwell
$1,148
Average Adkins Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Adkins, Texas
In Adkins, located in Bexar County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Adkins is $194,620, and the property tax rate in Bexar County is relatively high compared to the national median property tax rate of 0.99%. Factors such as property size, location, and improvements can affect the assessed value, ultimately influencing the tax bill. For instance, the 25th percentile tax bill is $1,367, while the 75th percentile tax bill jumps to $4,767, and the 90th percentile reaches $6,989. Homeowners in Adkins can face significant financial burdens due to these high property tax bills. This is where Ownwell can make a difference. By leveraging expert knowledge and experience in property tax appeals and exemptions, Ownwell helps homeowners potentially reduce their tax bills. Our team works diligently to ensure that properties are fairly assessed, identifying any discrepancies that could lead to savings. This proactive approach can result in substantial financial relief for homeowners.
Average Adkins Tax Bill
$2,823
Average Bexar County Tax Bill
$5,362
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Adkins, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78101 | $664 | $1,367 | $2,823 | $4,767 | $6,989 |
Source: Ownwell
$1,148
Average Adkins 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 | |
---|---|
Bexar Appraisal District | |
Phone | (210) 335-2251 |
Website | esearch.bcad.org |
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