Von Ormy, Texas Property Taxes
The median property tax rate in Von Ormy, TX is 1.92%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Von Ormy at $145,540, the typical annual property tax bill reaches $2,503, slightly below the national median of $2,690. Property taxes in Von Ormy 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 Von Ormy'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 Von Ormy 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
Von Ormy, 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 Von Ormy, Texas Tax Savings
Ownwell’s Von Ormy Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Von Ormy with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Von Ormy 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 Von Ormy. 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 Von Ormy, Texas
Property taxes in Von Ormy, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Von Ormy is 1.92%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Von Ormy set these rates annually, and they can vary significantly across different neighborhoods. Each year, Von Ormy 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 Von Ormy's effective property tax rate to other counties in Texas and the national median. For comparison, the 78073 zip code has the highest median property tax rate of 1.92%, while the same zip code also has the lowest median tax rate of 1.92%. Understanding how these cities compare with Von Ormy 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 Von Ormy Tax Rate
1.92%
Average Bexar County Tax Rate
2.03%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Von Ormy, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78073 | 1.25% | 1.60% | 1.92% | 2.01% | 2.40% |
Source: Ownwell
$1,148
Average Von Ormy Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Von Ormy, Texas
In Von Ormy, 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 Von Ormy, 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 Von Ormy helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In the 78073 zip code, the median tax bill is $2,503, highlighting the importance of staying informed to potentially lower your tax liabilities.
Average Von Ormy Assessed Value
$145,540
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 Von Ormy, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78073 | $30,721 | $75,000 | $145,540 | $275,018 | $366,248 |
Source: Ownwell
$1,148
Average Von Ormy Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Von Ormy, Texas
Property tax bills in Von Ormy, located in Bexar County, TX, are calculated based on the assessed value of a property and the local tax rate. The median home price in Von Ormy is $145,540, and the property tax rate in Texas is 1.80%, which is significantly higher than the national median of 0.99%. This means homeowners in Von Ormy can expect a substantial tax bill. For instance, the 25th percentile tax bill is around $1,240, while the 75th percentile reaches $4,887, and the 90th percentile skyrockets to $6,576. Several factors influence the tax bill, including property size, location, and improvements. Such high tax rates can be burdensome for homeowners. Ownwell can assist by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners potentially reduce their tax bills, ensuring they pay only their fair share. This service can lead to significant savings, especially in areas with high property tax rates like Von Ormy.
Average Von Ormy Tax Bill
$2,503
Average Bexar County Tax Bill
$5,362
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Von Ormy, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78073 | $517 | $1,240 | $2,503 | $4,887 | $6,576 |
Source: Ownwell
$1,148
Average Von Ormy 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 | bexar.trueautomation.com |
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