San Antonio, Texas, Residential Real Estate Taxes

Looking for information about San Antonio, Texas, real estate taxes?  Look no further.  Here are the basics.

First, here's the good news.  The State of Texas doesn't charge a personal income tax. 

Now, here's the less than good news.  Texas residential property taxes tend to be a bit pricey.

Keep this in mind. The real estate property tax rate is standard for the taxing jurisdiction where a property is located.

So why is it, when neighbors compare their property taxes, they tend to become confused.  They ask questions like, "Why is Joe's property tax so much higher than Jane's, when their houses look the same ?"  

The reason that property taxes seem so different for similar homes is, for the most part, not because the tax rates are different, but because the tax appraised property values are different from property to property.

Also, there will be slight variations in the property tax rate based on the taxing jurisdiction where properties are located.  For example, Joe's property is located in the Northside Independent School District within the incorporated limits of San Antonio. Jane's property is also located in the Northside Independent School District, but in a part of the neighborhood that happens to fall outside the city limits. 

Although both will pay the same Northside Independent School District tax rate, city boy Joe's taxes will also include taxes for San Antonio services that county girl Jane doesn't enjoy.  Consequently, even though Joe and Jane's comparable homes have the same tax appraised value, Joe's property tax will, nonetheless, be higher, because he's getting more services and is subject to a higher overall tax rate.
On the average, a citizen owning a property located in an incorporated Bexar County jurisdiction will pay a yearly property tax that equals approximately 2.7% of the property's appraised tax value.  Home owners in unincorporated areas of the county will usually pay lower property taxes because they enjoy fewer services and, therefore, their basic tax rate is lower.

Texas law requires the local property tax appraiser to reappraise all residential property located within his or her jurisdiction as of 1 January of each year, based on the sales of comparable property during the preceding 12 months. When you become a Texas home owner, you'll receive a property tax reappraisal notice yearly, usually in March or April.

That's the basics for San Antonio, Texas, residential  real estate taxes.

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We’re Stephanie and Randy Kelley, Realtors® of Keller Williams Legacy, San Antonio, Texas. If you have questions, need San Antonio realty or mortgage loan advice or assistance, or just want to chat a bit about the wonderful Alamo City, please call us at (210) 863-2661 or (210) 867-8743, or E-mail us at swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs