The following is a very good article from the Bexar County tax assessor’s website. It’s worth reading because it explains how the property taxes are set and collected, but doesn’t specifically address tax rates.
To save research time, simply contact a San Antonio area real estate advisor and ask for tax information on a representative property meeting your home ownership wants and needs. For example, tell the advisor you want to know about property taxes for the average recent vintage $100,000, 3 bedroom, 2 and 1/2 bath, 2 car garage home near Randolph Air Force Base.
Your real estate advisor should be able to tell you very quickly about the average property tax bill for such a property. By the way, the answer is approximately $3,000 per year.
Here’s the article explaining the Texas property tax system:
Property Taxes. Property taxes are local taxes. Local officials value your property, set your tax rates, and collect your taxes. State law governs how this process works.There are four main parts to the property tax system. The appraisal district values property, administers exemptions, calculates tax ceilings and maintains current ownership information on the appraisal records. The appraisal review board is a panel made up of people from the local community. They are independent from the appraisal district. They settle any disagreements between the appraisal district and the property owner about the valuation of the property. The governing bodies of the taxing units, such as the city councils, school boards, or county commissioners decide the annual budgets and set the tax rates. This determines the total amount of taxes to be paid. The tax office calculates the levy, mails the statements, collects the taxes and disburses the tax revenue to the taxing units.The Bexar County Tax Office collects taxes for 52 taxing entities. All property in Bexar County is taxable by the county, Flood Control, Alamo Community College District, University Health System, San Antonio River Authority and one of the independent school districts. There may also be additional taxes for cities or towns, or special districts such as municipal utility and Emergency Service Districts.Property taxes are a major source of funding for local services. They help pay for public schools, community health services, fire and police protection, streets, roads, flood control projects, and many other services.The property tax is an ad valorem tax. Ad valorem is a Latin phrase which means according to value. The tax is based on the value of the property. For example the property tax on land valued at $10,000 will be ten times higher than land valued at $1,000.
All property is taxable unless state or federal law exempts all or part of the value. Total exemptions may be granted for public properties or those owned by qualifying organizations such as churches, schools, or charitable organizations. A partial property tax exemption excludes part of a property´s value from taxation (i.e., General Residential Homestead, Over-65 Homestead, Disability Homestead and Disabled Veterans Exemptions).
What a property is used for on January 1, market conditions at the time, and who owns the property on that date, determine whether the property is taxed, its value, and who is responsible for paying the tax. A tax lien attaches to property on January 1 to secure payment of taxes for the year.
END OF ARTICLE
Of course, we’ll be pleased to answer your property tax questions and, if you’re a buyer looking to visit listings or a seller wanting to sell ahome, we can help.
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 http://kelleybus@aol.c/om. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs.
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