Bexar County Property Tax Rates
The Bexar County Property Tax rates are shown in the table below in US dollars per $100 of assessed value:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County | $0.2464 |
| School | $1.1797 |
| City | $0.5653 |
| Hospital | $0.2624 |
| Emergency Services | $0.1040 |
It is important to note that these rates may vary depending on the location and specific characteristics of the property in question. As a tax advisor, it is recommended that individuals consult with the appropriate authorities to ensure accurate and up-to-date information regarding property taxes in Bexar County.
Who sets property tax rates in Bexar County ?
In Bexar County, property tax rates are set by the local government. The Board of County Commissioners meets annually to determine the tax rate for the upcoming year. This rate is based on the county's budget needs and the assessed value of properties within the county. Once the tax rate is established, property owners are notified of their tax bill. It is important for property owners to keep track of their tax bills and pay them on time to avoid penalties and interest charges.
Example of Bexar County Property Tax Calculation
Bexar County Property Tax is calculated based on the assessed value of the property. To determine the assessed value, the county appraiser assesses the property's value and multiplies it by the assessment rate of the county. The assessment rate is set by the state and varies depending on the type of property. For example, residential properties may have a lower assessment rate than commercial properties.
Once the assessed value and assessment rate are determined, the county calculates the property tax by multiplying the assessed value by the tax rate. The tax rate is set by the county and varies based on the location and necessary services provided by the county. For instance, a property located in a highly populated area with more public services may have a higher tax rate than a property in a rural area with fewer services.
As an example, let's say a residential property in Bexar County has an assessed value of $200,000 and the assessment rate is 10%. The property would have an assessed value of $20,000. If the tax rate for the county is 2.5%, the property tax would be calculated by multiplying the assessed value ($20,000) by the tax rate (2.5%). The resulting property tax for the year would be $500.
It is important to note that property tax rates and assessment rates can vary from county to county and can be subject to change. It is recommended to consult with a local property tax professional or the county assessor's office for the most accurate and up-to-date information.
If you want appeal your property tax assessment - contact your local tax assessor.
When is Bexar County Property Tax due ?
Bexar County Property Tax is typically due on January 31st of each year. Property owners can choose from several payment methods to pay their property taxes, including online, by mail, in person or by phone.
The following table summarizes the different payment methods available:
| Payment Method | How to Pay | Payment Deadline |
|---|---|---|
| Online | Visit the Bexar County Tax Office website and follow the prompts. | January 31st |
| By mail | Mail a check or money order to the address provided on the tax bill. | Must be postmarked on or before January 31st |
| In person | Visit the Bexar County Tax Office and pay with cash, check, or money order. | January 31st |
| By phone | Call the Bexar County Tax Office and pay with a credit or debit card. | January 31st |
It is important to note that failure to pay property taxes on time can result in penalties and interest charges. Property owners are encouraged to pay their property taxes before the deadline to avoid any additional fees.
If you have more questions - contact your local tax collector.
How is Bexar County Property Tax penalty calculated ?
Bexar County Property Tax Penalty Calculation:
When property taxes are not paid by the due date, penalties are applied. The Bexar County Property Tax Penalty is calculated based on the amount of unpaid taxes and the number of days past the due date. Here's an example to illustrate how it works:
| Scenario | Details |
|---|---|
| Unpaid Taxes | $5,000 |
| Due Date | January 31st |
| Date of Payment | April 15th |
| Days Past Due | 75 |
| Penalty Rate | 6% |
To calculate the penalty, multiply the unpaid taxes by the penalty rate and then by the number of days past due. In this scenario, the penalty would be:
$5,000 x 6% x 75 = $2,250
Therefore, the total amount due would be:
Unpaid Taxes + Penalty = $5,000 + $2,250 = $7,250
It's important to note that penalties are applied on a monthly basis, so if the payment is even one day late, a penalty will be charged for the entire month. Additionally, penalties can continue to accrue if the taxes remain unpaid, so it's best to pay property taxes on time to avoid unnecessary fees.
Homestead exemptions in Bexar County ?
Homestead Exemptions and Deductions in Bexar County, Texas
Below is a table showing all county-specific Homestead exemptions and deductions for Bexar County in Texas.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Residence Homestead Exemption | Owners who use the property as their primary residence as of January 1st | Up to $25,000 | Must apply between January 1st and April 30th |
| Over 65 or Disabled Person Homestead Exemption | Owners who are over 65 years old or disabled as of January 1st with a disability rating of at least 10% from the VA or Social Security | Up to $10,000 | Must apply between January 1st and April 30th |
| Disabled Veteran's Homestead Exemption | Veterans who were disabled in the line of duty with a disability rating of at least 10% | Up to $12,000 | Must apply between January 1st and April 30th |
| Veteran's Surviving Spouse Homestead Exemption | Surviving spouses of a veteran who died in the line of duty | Up to $12,000 | Must apply between January 1st and April 30th |
| Optional Percentage Exemptions | Owners who opt for an exemption of a percentage of their property value | Up to 20% | Must apply between January 1st and April 30th |
Note that all exemptions require the property to be the primary residence of the owner as of January 1st of the tax year. Additionally, exemptions must be applied for between January 1st and April 30th of the tax year.
For more information on Homestead exemptions and deductions in Bexar County, please visit the Bexar County Appraisal District website.
We recommend contacting the Bexar County Tax Office or a local tax professional for the most up-to-date and accurate information.