Medina County Property Taxes
The median property tax rate in Medina County is 1.52%, which is significantly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $140,520 in Medina County, the typical annual property tax bill is $1,930, which is below the national median of $2,690. Property taxes here are calculated based on the assessed value, often lower than the actual market value due to exemptions like the primary residence and agricultural exemptions. Understanding the specifics of Medina County's property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you reside in Hondo or another part of Medina County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Medina County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.52%
Estimate Property Tax Bill
$2,136
$1,976
Ownwell’s Medina County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Medina County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Medina County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Medina County, Texas
Property taxes in Medina County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Medina County is 1.52%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within the county set these rates annually, and they can vary significantly between different areas within the county. Each year, Medina County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Medina County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of La Coste has one of the higher property tax rates in Texas at 1.80%, while the city of Helotes boasts one of the lowest at 0.59%. Analyzing how Medina County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Medina County Tax Rate
1.52%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Medina County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bandera | 0.69% | 1.12% | 1.76% | 1.76% | 1.76% |
Castroville | 0.75% | 1.21% | 1.71% | 2.03% | 2.45% |
Devine | 0.61% | 1.01% | 1.43% | 1.86% | 2.28% |
D Hanis | 0.45% | 0.81% | 1.26% | 1.74% | 1.74% |
Helotes | 0.43% | 0.50% | 0.59% | 0.67% | 0.67% |
Hondo | 0.68% | 1.06% | 1.55% | 2.05% | 2.30% |
La Coste | 0.76% | 1.18% | 1.80% | 2.58% | 2.58% |
Lakehills | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% |
Lytle | 0.24% | 0.50% | 0.63% | 1.32% | 3.19% |
Mico | 0.53% | 1.02% | 1.56% | 1.99% | 1.99% |
Moore | 0.26% | 0.61% | 1.00% | 1.48% | 1.79% |
Natalia | 0.60% | 1.01% | 1.47% | 1.99% | 2.63% |
Rio Medina | 0.66% | 1.12% | 1.45% | 1.76% | 1.99% |
San Antonio | 1.00% | 1.32% | 1.55% | 1.99% | 1.99% |
Utopia | 0.64% | 0.74% | 0.91% | 1.08% | 1.18% |
Yancey | 0.43% | 0.65% | 1.27% | 1.86% | 1.86% |
Source: Ownwell
Property Tax Assessment Values Across Medina County, Texas
In Medina County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Medina County Appraisal District. The assessed value, however, 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 in Medina County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, the highest median tax bill in Medina County is $3,964 in Mico, while the lowest is $103 in Lakehills. Being aware of these valuation processes in Medina County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Medina County Assessed Value
$140,520
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Medina County, Texas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bandera | $27,000 | $32,310 | $72,860 | $120,025 | $181,264 |
Castroville | $44,353 | $87,078 | $205,030 | $405,248 | $590,554 |
Devine | $34,128 | $69,440 | $128,590 | $207,530 | $320,406 |
D Hanis | $17,384 | $45,478 | $103,080 | $237,100 | $382,148 |
Helotes | $57,700 | $109,700 | $319,930 | $555,085 | $684,434 |
Hondo | $18,770 | $50,050 | $111,700 | $226,530 | $353,506 |
La Coste | $21,140 | $44,815 | $96,070 | $168,540 | $285,300 |
Lakehills | $53,780 | $53,780 | $53,780 | $53,780 | $53,780 |
Lytle | $25,224 | $48,225 | $99,540 | $274,195 | $399,700 |
Mico | $70,803 | $165,308 | $385,675 | $533,648 | $650,976 |
Moore | $36,878 | $81,280 | $141,530 | $281,285 | $400,236 |
Natalia | $28,358 | $59,365 | $118,955 | $241,798 | $396,769 |
Rio Medina | $65,960 | $139,975 | $275,580 | $390,198 | $514,872 |
San Antonio | $81,880 | $145,970 | $279,695 | $338,825 | $433,925 |
Utopia | $227,984 | $263,360 | $322,320 | $381,280 | $416,656 |
Yancey | $21,056 | $59,990 | $100,980 | $171,660 | $309,556 |
Source: Ownwell
Property Tax Bills Across Medina County, Texas
In Medina County, TX, property tax bills are calculated based on the assessed value of a property, which is determined by the county appraisal district. The assessed value is then multiplied by the local tax rate to determine the tax bill. Factors such as property location, home size, and market conditions influence the assessed value. For instance, the median home price in Medina County is $140,520. Homeowners in Medina County experience a wide range of property tax bills. At the 25th percentile, the tax bill is $801, while at the 75th percentile, it rises to $4,027. The 90th percentile sees tax bills as high as $6,524. The city of Mico has the highest median tax bill at $3,964, contrasting sharply with Lakehills, which has the lowest at $103. These variations significantly impact homeowners, affecting their annual expenses and overall financial planning. Comparing this to the national median property tax rate of 0.99%, Medina County's tax bills can be seen as both burdensome and manageable, depending on the specific property and location within the county.
Average Medina County Tax Bill
$1,930
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Medina County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bandera | $326 | $504 | $770 | $1,680 | $2,662 |
Castroville | $452 | $1,039 | $2,872 | $5,913 | $9,041 |
Devine | $343 | $873 | $1,834 | $3,257 | $4,840 |
D Hanis | $163 | $427 | $1,130 | $2,659 | $5,099 |
Helotes | $317 | $469 | $1,356 | $3,191 | $3,843 |
Hondo | $269 | $688 | $1,605 | $3,340 | $5,423 |
La Coste | $390 | $872 | $1,708 | $3,251 | $5,150 |
Lakehills | $103 | $103 | $103 | $103 | $103 |
Lytle | $134 | $319 | $916 | $2,149 | $3,420 |
Mico | $776 | $2,062 | $3,964 | $7,281 | $9,778 |
Moore | $186 | $488 | $1,048 | $2,817 | $5,039 |
Natalia | $266 | $710 | $1,628 | $3,433 | $6,030 |
Rio Medina | $779 | $1,627 | $3,573 | $5,827 | $8,288 |
San Antonio | $687 | $1,677 | $3,935 | $5,544 | $7,235 |
Utopia | $1,598 | $2,247 | $3,329 | $4,411 | $5,060 |
Yancey | $183 | $374 | $1,070 | $2,414 | $3,683 |
Source: 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 | |
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Medina Appraisal District | |
Website | esearch.medinacad.org |