San Saba, Texas Property Taxes
The median property tax rate in San Saba, TX is 1.27%, higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in San Saba at $107,060, the typical annual property tax bill is around $1,293, which is below the national median of $2,690. Property taxes in San Saba are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Navigating San Saba's property tax system, exploring available exemptions, and finding opportunities for reductions can lead to significant annual savings. Whether you reside in central San Saba or another area within the city, understanding the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
San Saba, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.27%
Estimate Property Tax Bill
$1,360
$1,262
Ownwell’s San Saba Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in San Saba with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in San Saba to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 San Saba, Texas
Property taxes in San Saba, Texas, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in San Saba is 1.27%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities in San Saba set these rates annually, and they can vary significantly across different neighborhoods. Each year, San Saba 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 San Saba's effective property tax rate to other counties in Texas and the national median. For comparison, the 76877 zip code has the highest median property tax rate of 1.27%, while the 76877 zip code also has the lowest median tax rate of 1.27%. Understanding how these cities compare with San Saba provides valuable insights into the varying tax landscape across San Saba County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average San Saba Tax Rate
1.27%
Average San Saba County Tax Rate
1.26%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across San Saba, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76877 | 0.82% | 1.03% | 1.27% | 1.64% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across San Saba, Texas
In San Saba, 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 San Saba 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 San Saba, 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. For instance, the highest median tax bill in the area is $1,293 in the 76877 zip code, which is also the lowest median tax bill. Being aware of these valuation processes in San Saba helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average San Saba Assessed Value
$107,060
Average San Saba County Assessed Value
$107,950
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across San Saba, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76877 | $23,680 | $55,400 | $107,060 | $194,000 | $337,360 |
Source: Ownwell
Property Tax Bills Across San Saba, Texas
In San Saba, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in San Saba stands at $107,060. Homeowners can expect their property tax bills to vary significantly, influenced by factors such as the property's assessed value and the specific tax rate imposed by local taxing authorities. The tax bill in San Saba can range widely, with the 25th percentile paying around $708 and the 75th percentile paying up to $2,254. For those in the 90th percentile, the tax bill can soar to $3,517. The highest and lowest median tax bills in the area are both recorded at $1,293 in the 76877 zip code, reflecting a uniformity in median tax burdens. These property tax assessments directly impact homeowners, as higher property values and tax rates can lead to substantial annual tax bills. Understanding these factors is crucial for homeowners to manage their financial planning effectively.
Average San Saba Tax Bill
$1,293
Average San Saba County Tax Bill
$1,273
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across San Saba, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76877 | $304 | $708 | $1,293 | $2,254 | $3,517 |
Source: Ownwell