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Terrell Hills, Bexar County, Texas Property Taxes

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Property Taxes in Terrell Hills, Texas

  • Median Terrell Hills, Texas effective property tax rate: 2.07%, significantly higher than the national median of 1.02%, and higher than the Texas state median of 1.48%.

  • Median Terrell Hills, Texas home value: $1,374,650

  • Median annual Terrell Hills, Texas tax bill: $28,447, higher than the national median property tax bill of $2,400.

How are property taxes in Bexar calculated?

Property taxes in Terrell Hills, Texas are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Terrell Hills' property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Terrell Hills, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Terrell Hills, Bexar County, Texas Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.07%

Estimate Property Tax Bill

$28,455

$26,406

SAVE WITH OWNWELL

$774

Average Annual Tax Savings

How Does the Terrell Hills Property Tax Calculator Work?

Use this Terrell Hills property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Terrell Hills' median effective tax rate of 2.07% — based on actual property records in Bexar County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Terrell Hills' median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Your bill may vary by ZIP code within Terrell Hills: rates range from 2.07% in 78209 to 2.07% in 78209, primarily due to differences in school district levies and local assessment districts.

If your estimate is higher than expected, Ownwell can appeal your Terrell Hills assessment — you only pay if we save you money.

About Terrell Hills Property Taxes

About Property Taxes in Terrell Hills, Bexar, Texas

Terrell Hills’s median effective property tax rate of 2.07% is higher than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Bexar County base levy combined with local school district levies and Municipal Utility Districts (MUDs) that vary by subdivision throughout the city.

Property tax rates are not uniform across Terrell Hills. Homeowners in the 78209 ZIP code carry a median effective rate of 2.07%, while those in the same ZIP code also pay 2.07%. This spread reflects how school district boundaries and local assessment districts are drawn across Bexar County. Understanding which part of Terrell Hills you live in can make a meaningful difference to your annual tax bill.

Terrell Hills homeowners who believe their assessed value is too high can file a formal appeal with the local Appraisal District before the May 15, 2026 deadline each year.

If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.

Property Tax Rates Across Terrell Hills, Bexar County, Texas

As noted earlier, local government entities set tax rates, which can vary widely within a state.

Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.

While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Terrell Hills's effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.

Property Tax Rates Across Terrell Hills, Bexar County, Texas

Source: Ownwell

1.11%

1.85%

2.58%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Terrell Hills Tax Rate

2.07%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Bexar County Tax Rate

1.55%

Median Effective Texas Tax Rate

1.48%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Terrell Hills, Bexar County, Texas

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
782092.07%2.07%2.07%2.07%2.07%

Source: Ownwell

Property Tax Assessment Values Across Terrell Hills, Bexar County, Texas

When examining property taxes in Terrell Hills, Texas, understanding the distinction between "market value" and "assessed value" is crucial.

The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Bexar County appraisal district estimates the market value for tax purposes.

The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Bexar County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of April.

Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. For example, the median home price in Terrell Hills is $1,374,650, with tax bills ranging significantly across the county. 78209 has the highest median home price at $1,374,650.

Property Tax Assessment Values Across Terrell Hills, Bexar County, Texas

Source: Ownwell

$40,830

$742,065

$1,443,300

Median Terrell Hills Market Value

$1,374,650

Median Bexar County Market Value

$260,000

Median Texas Market Value

$258,851

Median United States Market Value

$235,294

Property Tax Assessment Values Across Terrell Hills, Bexar County, Texas

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
78209$786,914$1,007,315$1,374,650$1,912,325$2,234,930

Source: Ownwell

Property Tax Bills Across Terrell Hills, Bexar County, Texas

How are property tax bills calculated in Terrell Hills?

Property tax bills in Terrell Hills are based on the assessed value of a home, which local taxing authorities use to determine what a homeowner owes. For this city, the median home price is $1,374,650, and the median property tax bill is $28,447, far above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. That means homeowners here often face a much larger annual tax burden than the typical U.S. homeowner.

What factors are considered? The main factor is the home’s assessed market value, along with the tax rates set by local jurisdictions in Bexar County. When assessments rise, tax bills can increase even if a homeowner’s income does not.

How can Ownwell help? Ownwell helps homeowners review their assessments, identify potential overvaluation, and appeal property taxes when appropriate. By challenging an unfair assessment, homeowners may be able to reduce their property tax bills and keep more money in their pocket.

Property Tax Bills Across Terrell Hills, Bexar County, Texas

Source: Ownwell

$1,018

$14,733

$28,447

Median Terrell Hills Tax Bill

$28,447

Median Bexar County Tax Bill

$3,910

Median Texas Tax Bill

$3,441

Median United States Tax Bill

$2,400

Property Tax Bills Across Terrell Hills, Bexar County, Texas

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
78209$28,447$28,447$28,447$28,447$28,447

Source: Ownwell

Don't miss the deadline to protest!

Frequently Asked Property Tax Questions in Terrell Hills, Texas

How are property taxes calculated in Terrell Hills, Texas?
Property taxes in Terrell Hills, Texas are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.
How do I appeal my property taxes in Terrell Hills, Texas?
To appeal your property taxes in Terrell Hills, Texas, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.
What property tax exemptions are available in Terrell Hills, Texas?
Common property tax exemptions in Terrell Hills, Texas include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.
When are property taxes due in Terrell Hills, Texas?
Property tax deadlines in Terrell Hills, Texas vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.
How can Ownwell help reduce my property taxes in Terrell Hills, Texas?
Ownwell provides professional property tax appeal services in Terrell Hills, Texas. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.