Kerrville, Texas Property Taxes
The median property tax rate in Kerrville, TX is 1.54%, considerably higher than the national median of 0.99% but slightly lower than the Texas state median of 1.67%. With a median home value of $167,390 in Kerrville, the typical annual property tax bill reaches $2,579, just below the national median of $2,690. Property taxes in Kerrville 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 Kerrville'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 Kerrville 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
Kerrville, 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 Kerrville, Texas Tax Savings
Ownwell’s Kerrville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kerrville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kerrville 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 Kerrville. 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 Kerrville, Texas
Property taxes in Kerrville, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kerrville is 1.54%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Kerrville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kerrville 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 Kerrville's effective property tax rate to other counties in Texas and the national median. For comparison, the 78258 zip code has the highest median property tax rate of 2.12%, while the 78676 zip code has the lowest median tax rate of 1.12%. Understanding how these cities compare with Kerrville provides valuable insights into the varying tax landscape across Kerr County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kerrville Tax Rate
1.54%
Average Kendall County Tax Rate
1.25%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kerrville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Kerrville Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Kerrville, Texas
In Kerrville, 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 Kerr 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 Kerrville, 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 Kerrville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip codes with the highest tax bills are 78028 and 78029, each averaging $2,579 annually.
Average Kerrville Assessed Value
$167,390
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 Kerrville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Kerrville Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Kerrville, Texas
In Kerrville, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the Kendall County Appraisal District. The tax rate is applied to this assessed value to determine the tax bill. For instance, with a median home price of $167,390, homeowners in Kerrville can expect a tax bill around $2,579, which is significantly higher than the national median property tax rate of 0.99%. Factors like property size, location, and market conditions influence the assessed value, thereby affecting the tax bill. High property taxes can be a burden for homeowners, but Ownwell can help ease this financial strain. By providing expert property tax appeal and exemption services, Ownwell ensures that your property is fairly assessed, potentially lowering your tax bill. Our team of experienced consultants works diligently to identify discrepancies and file appeals on your behalf, maximizing your savings and ensuring you only pay what you truly owe.
Average Kerrville Tax Bill
$2,579
Average Kendall County Tax Bill
$5,688
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Kerrville, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Kerrville 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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