Alamo Heights, Texas Property Taxes
The median property tax rate in Alamo Heights, TX is 2.08%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Alamo Heights at $1,219,500, the typical annual property tax bill reaches $25,232, far exceeding the national median of $2,690. Property taxes in Alamo Heights 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 Alamo Heights' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Alamo Heights 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
Alamo Heights, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.08%
Estimate Property Tax Bill
$25,366
$23,539
$1,148
Average Tax Savings
Ownwell’s Alamo Heights Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Alamo Heights with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Alamo Heights 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 Alamo Heights. 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 Alamo Heights, Texas
Property taxes in Alamo Heights, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Alamo Heights is 2.08%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Alamo Heights set these rates annually, and they can vary significantly across different neighborhoods. Each year, Alamo Heights 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 Alamo Heights's effective property tax rate to other counties in Texas and the national median. For comparison, the 78209 zip code has the highest median property tax rate of 2.08%, while the 78209 zip code also has the lowest median tax rate of 2.08%. Understanding how these cities compare with Alamo Heights 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 Alamo Heights Tax Rate
2.08%
Average Bexar County Tax Rate
2.03%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alamo Heights, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78209 | 1.97% | 2.01% | 2.08% | 2.08% | 2.08% |
Source: Ownwell
$1,148
Average Alamo Heights Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Alamo Heights, Texas
In Alamo Heights, 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. In Alamo Heights, 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 Alamo Heights helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 78209 has both the highest and lowest median tax bills, each at $25,232.
Property Tax Assessment Values Across Alamo Heights, Texas
Source: Ownwell
$1,940
$5,727,340
$11,452,740
Average Alamo Heights Assessed Value
$1,219,500
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 Alamo Heights, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78209 | $513,700 | $703,250 | $1,219,500 | $1,605,368 | $1,847,673 |
Source: Ownwell
$1,148
Average Alamo Heights Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Alamo Heights, Texas
In Alamo Heights, property tax bills are calculated based on the assessed value of your home, which is determined by the Bexar County Appraisal District. The assessed value is then multiplied by the local tax rate to determine your annual tax bill. For example, with a median home price of $1,219,500, homeowners can expect significant tax bills. The 25th percentile tax bill is $14,407, while those in the 75th percentile face $32,870, and the 90th percentile reaches $37,312. These high tax bills can significantly impact homeowners, making it essential to ensure your property is assessed fairly. This is where Ownwell comes in. Ownwell's property tax appeal and exemption services can help you contest your assessment, potentially reducing your tax bill. By leveraging expert knowledge and local market data, Ownwell can identify discrepancies in your assessed value, ensuring you only pay what you truly owe. This can lead to substantial savings, providing financial relief for homeowners in Alamo Heights.
Average Alamo Heights Tax Bill
$25,232
Average Bexar County Tax Bill
$5,362
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Alamo Heights, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78209 | $10,676 | $14,407 | $25,232 | $32,870 | $37,312 |
Source: Ownwell
$1,148
Average Alamo Heights 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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