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San Antonio Standard

Friday, November 22, 2024

Analysis: Bexar County effective property tax rate outpaced the national average in Q1 2023

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Property owners in Bexar County paid 1.4% of the value of their homes in property taxes in the first quarter of 2023, which is more than 1.2 times the national average, according to the real estate analysis posted by the San Antonio Standard.

The median sales price of a Bexar County home in the first quarter of 2023 was $166,400, based on data from the 5,982 properties sold during that time. In 2019 the median tax bill for the county was $2,251, which is 1.4% of the median value of the homes that were taxed.

This is 1.2 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Bexar County real estate data showed homeowners in Leon Valley, Kirby, and Converse paid the highest rates.

The following table compares Leon Valley with some other cities belonging to Bexar County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2023.

CityQ1 2023 SalesQ1 2023 Median PriceMedian tax 2023Effective tax rate
Leon Valley3$95,095$3,9794.2%
Kirby4$115,649$2,5592.2%
Converse1$172,930$3,5102%
Castle Hills3$281,000$4,9971.8%
Cross Mountain7$395,840$6,7941.7%
San Antonio5,959$166,297$2,6031.6%
Scenic Oaks3$267,030$3,6031.3%
Hill Country Village2$345,560$0<0.1%

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