#PropertyTaxes #TexasRealEstate #HomeValuesRising

Property Taxes on the rise and with all the scary content out spreading fear in our great state of Texas, I wanted to set the record straight. Here is an explanation of what property taxes are and how they effect you as a home owner.  Enjoy.

Link to County Tax Rates 
https://lacanteraloans.com/sanantoniopropertytaxrates/
Link to Bexar County Appraisal District 
https://bcad.org/
Homestead Exemption form in Bexar County
https://bcad.org/data/_uploaded/file/PDFs/50-114%20HS%20Fillable%202022-1.pdf
Housing Data
https://www.redfin.com/state/Texas/housing-market


Property taxes – also called ad valorem taxes – are locally assessed. Texas does not have a state property tax.  Local appraisal districts appraise and value property located in the county and local taxing units set tax rates and collect property taxes based on those values.


Property taxes provide more tax dollars for local services in Texas than any other source-they help pay for public schools, libraries, playgrounds, city streets, county roads, police, fire protection, emergency medical service and many other services.

How are property Taxes Assessed & Calculated
Property Taxes are Assessed each year based on the values in the area of homes sold. The value is often assessed on the land and improvement value of your home. The County then takes that value times the area tax rate to give a taxable amount for the year. 
    - 
- Taxes are Due Jan 1 of the New Year each year 
- Exemptions & How to Claim Them
    - Claim by April 30 of each calendar year. 
        - Those That don’t have to wait… 
            - 65 over 
            - 100% disabled Vet - Zero Taxes on Primary Residence.
- Tax Increase Cap 10% YoY
- Disputing Tax Values

Host :
Mark Jones
Founder of https://reviewmymortgage.com/
Branch Manager Directions Home Loan La Cantera
Top Producing Loan Officer
NMLS# 513437
Get in Touch with Mark.
https://lacanteraloans.com/loan-officer/the-mark-jones-team/

Get Educated and Inspired with your host Mark Jones, Co-Founder of ReviewMyMortgage.com, Top Producing Branch Manager for Directions Home Loan, and an Investor out of San Antonio, Texas.  Mark has spent the last nine years of his career in mortgage, doing what he can to educate and streamline the process for his borrowers, loan officers call Ma and colleagues. He believes that everyone is a home buyer it’s just a matter of when and his goal is to show you how. 

Educational Podcast for Consumers, Mortgage & Real Estate Industry Professionals. We'll Talk About It All!  Key Factors podcast, powered by https://ReviewMyMortgage.com . Your Host Mark Jones invites Industry Pros to help uncover & educate on the key factors of various topics. There’s something for everyone so let us be your guides and get educated. Subscribe & Follow on Spotify, Apple Podcast, Facebook, Instagram, & all other podcasting platforms.  Host : Mark A Jones Founder of ReviewMyMortgage.comProducing Branch MangerSr. Loan Officer. NMLS ID# 513437NMLS Consumer Access: http://www.nmlsconsumeraccess.org/Powered by ReviewMyMortgage.com 

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