Moving to San Antonio? Better bring lots of cash for property Taxes! (sale, apartment complexes)

[sapphire]

Ahhh, sweet gentrification.

[Chaka]

Originally Posted by rynetwo

Something seems off.

347k house taxed in NEISD only pays $8,600 in Bexar County.

Value $565,530 Tax: $16,047
Value $432,010 Tax: $12,258

Something sure does seem off!

[smitty12]

Originally Posted by Chaka

Value $565,530 Tax: $16,047
Value $432,010 Tax: $12,258

Something sure does seem off!

Some of it for sure is tax rate differences.

NEISD is 1.385
SAISD is 1.533

SAISD is almost 10% higher than NEISD.

Just for comparison with NEISD rate the tax would have been about $15.2k on valuation of $565,530.

City taxes may also be a factor here, San Antonio's rate is 0.5583, but somewhere like Terrell Hills is 0.347673. That would be $1200 less in tax if that $565k house was in Terrell Hills instead of San Antonio.

Bottom line here is taxing jurisdiction and their rates also make a difference appraisal value isn't the whole story.

[TX-born]

Originally Posted by TexasRedneck

The key there is planning, and fighting the appraisals tooth and nail until you hit 65 and can freeze them. Ours will freeze next year, and at about the value we had planned for. Thankfully, my dad had hammered watching property taxes - and fighting them - into my head at an early age. But your point IS valid - there are many who are watching the train coming at them and not doing anything about it, unfortunately. That was one of the primary reasons we left SA - we knew property taxes would continue to escalate...and they have. I just checked - the old 1 1/2 story, 1800 sq ft 3/2/2 house we were in appraised at about 164k this year, with taxes at $4,100 The current house is a single story, 2900 sq ft 4/2/3 with a 360 sq ft finished workshop in the back yard that appraised at about 252k with $4,900 In taxes. With the new over 65 exemptions, next years taxes should drop to about $3,300. School taxes slam ALL of us - it's the other taxes that can make a difference.

Besides filling out a form, how do you fight the city for a lower appraisal? If they decide your house is worth "x", how do you actually get that lowered?

[resonator]

I'm way over 65 and there's not really a freeze. Just a 10% increase limit per year. And mine has gone up exactly 10% for each of the past 4 years.

[TexasRedneck]

Originally Posted by resonator

I'm way over 65 and there's not really a freeze. Just a 10% increase limit per year. And mine has gone up exactly 10% for each of the past 4 years.

Have you filed for the "Over 65" exemptions?

[rynetwo]

Originally Posted by resonator

I'm way over 65 and there's not really a freeze. Just a 10% increase limit per year. And mine has gone up exactly 10% for each of the past 4 years.

You might be doing it wrong.

This is a good read.

https://comptroller.texas.gov/taxes/...sabled-faq.php


FYI that 10% thing is on all homestead properties regardless of age.

[resonator]

My tax bill shows the over 65 and the homestead exemption.

http://www.appraisaldistrictguide.co...d-maximum.html

[rynetwo]

Originally Posted by resonator

My tax bill shows the over 65 and the homestead exemption.

Assessed Value Maximum | Texas Appraisal District Guide

The 65 exemption freezes your school taxes which is the majority of your tax bill. Then depending on your area the local districts can also lower your bill.

[resonator]

agreed
but the overall valuation has gone up 10% per year for the last 4 years...
maybe it will stop once it hits a few $million.