Texans pay the 6th highest real estate property taxes in the U.S., new report finds

deep in the heart of taxes

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It’s that time of year again where Texas homeowners grimace at their tax bills. But here’s some consolation – did you know the Lone Star State doesn’t have the highest property tax rate in the U.S.? Personal finance website WalletHub’s 2023 report says there are five states paying higher property taxes than Texas.

In the report, Hawaii comes in first place with the lowest property tax rate out of all 50 states and the District of Columbia – 0.29 percent. With a median home value of $662,100, that means the average Hawaiian is paying $1,893 in annual property taxes.

Toward the bottom of the list (meaning states with the highest property tax rates), Texas sits at No. 46. The median home value in Texas is $202,600 with a property tax rate of 1.74 percent, which means the average Texan pays $3,520 in property taxes.

States paying higher property taxes than Texas are Vermont at 1.90 percent, New Hampshire with 2.09 percent, Connecticut at 2.15 percent, and Illinois with a 2.23 percent tax rate. Coming in at No. 51 with the most expensive property tax rate on the list is New Jersey, sitting at 2.47 percent. At that rate, New Jersey homeowners pay $6,057 on a median home valued at $355,700.

Dr. Alex Combs, assistant professor in the Department of Public Administration and Policy at the University of Georgia, says people should consider how much they could pay in property taxes when making the decision to move.

"After all, people are sensitive to price, and the property tax is a visible cost of homeownership that funds generally desirable government services like education and public safety," he explains. "If they have the opportunity, people are going to seek the biggest benefit for their property tax buck."

The 10 states that pay the lowest real estate property taxes are:

No. 1: Hawaii – 0.29 percent
No. 2: Alabama – 0.41 percent
No. 3: Colorado – 0.51 percent
No. 4: Nevada – 0.55 percent
No. 5: South Carolina and Louisiana (Tied) – 0.56 percent
No. 7: District of Columbia – 0.57 percent
No. 8: Utah and Delaware (Tied) – 0.58 percent
No. 10: West Virginia – 0.59 percent

While Texas homeowners will feel the sting of their property taxes, at least they can find some comfort in not having to worry about vehicle property taxes. Texas vehicle owners do have to pay a 6.25 percent tax rate on the purchase price of a car with their local tax assessor-collector, but they do not have to pay annual vehicle property taxes.

Plus, it’s not just Texas – WalletHub determined 23 other states and Washington, D.C., also do not have vehicle property tax rates. Louisiana has the lowest rate out of the remaining states who do pay vehicle property taxes, at 0.10 percent. The state with the highest vehicle property tax rate is Virginia, at 3.96 percent.

The full report and its methodology can be found on WalletHub’s website.

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Own a piece of Utopia with this Hill Country riverfront retreat listed for $2.5M

UTOPIA ON THE WATER

Have you ever wanted to buy a retreat or say you own a slice of Utopia? Now’s your chance – the Utopia River Retreat, a remarkable 12-acre property on the Sabinal River in Utopia, Texas has hit the market for $2.5 million.

The secluded, tree-filled, riverfront estate boasts nine guest cabins and "the Fortress," a historic lodge that can sleep 12 guests.

Each cabin has its own full kitchen, living space, and covered porch. Three cabins have two bedrooms that can host up to six guests, and six cabins are single-bedroom that can sleep up to four guests.

The property has been a sought-after wedding destination since the first wedding ceremony took place there in 1861. The only structure on the land at the time was a stone fort, which has since been converted into the Fortress.

Other features of the Fortress include:

Two master suites
Three semi-private lofts
A full kitchen
Fireplace
Wrap-around porch
Original stonework on display

Another highlighted feature of the property is the renovated hay barn. The previous owners turned it into a bespoke event space with an open floor plan, wood beam ceilings, a stone fireplace, and attached deck. Also around the barn is a large green space and a covered gazebo with a breathtaking view of the Sabinal river.

The Utopia River Retreat sale is facilitated by Chad Foster, the founder and broker of Uvalde-based real estate group Foster Farm and Ranch.

“With its current amenities and space for expansion, Utopia River Retreat provides potential buyers with a lot of entrepreneurial opportunities,” said Foster in a press release. “The event space, cabins, and renovated fort make Utopia River Retreat a great addition to any real estate portfolio.”

As investors are snatching up properties left and right for the next wedding venue or event space, the Utopia River Retreat is touted as the next hidden gem in a booming wedding industry. The Knot estimates a Texas couple’s average wedding budget is between $24,000 and $30,000. Texas couples are also more likely to put 30 percent of their wedding budget towards a perfect venue for their special day.

Even outside of wedding season, the estate can host family vacations, reunions, and corporate retreats, and more.

The town of Utopia is located 90 miles west of San Antonio and 350 miles southwest of Dallas.

More information about the property can be found at the Utopia River Retreat website, and more information about the listing can be found at Foster Farm and Ranch’s website.

New clinical trial for lumbar spinal surgery begins in San Antonio

MEDICAL BREAKTHROUGH

A new clinical trial is underway for an alternative method to lumbar spinal fusion surgery. Orthopedic medical center Ortho San Antonio and orthopedic spine surgeon Dr. Anton Jorgensen announced the BalancedBack Total Joint Replacement trial using a “first-of-its-kind” technology called the 3Spine MOTUS device.

3Spine is a healthcare company focused on integrating development, research, and execution of lower back total joint replacement. The combination of the 3Spine procedure and the MOTUS device aim to address leg pain, back pain, and spinal instability. The surgery implements reconstruction of the functional spinal unit to treat degenerative disease.

Dr. Jorgensen was trained by fellow orthopedic surgeon Dr. Scott Hodges, the co-founder and medical director of 3Spine. Dr. Jorgensen said in a press release that he is proud to be the first Texas surgeon to participate in an important clinical trial of this type. He encouraged the community to keep in mind the challenges that come with spinal fusion surgery while searching for “new and innovative solutions to improve patient care.”

“This is something new I had to learn and practice, but I am convinced that MOTUS has the potential to fundamentally change the way I treat degenerative lumbar disease,” he said.

The first surgeries in the trial were completed at the Foundation Surgical Hospital of San Antonio. 3Spine Inc. is seeking certain patients with single-level lumbar spine disease and lumbar degeneration to participate in the study. Patients interested in the clinical trial in San Antonio can email brouk.gebreab@christushealth.org for more information.

Popular San Antonio doggy daycare opens new location in Alamo Ranch

PAWS-ITIVELY PAMPERED

Even dogs deserve a little pampering. Dogtopia, an innovative doggy daycare and spa in San Antonio, is growing their reach with the grand opening of a new Alamo Ranch location, with a fourth new location planned for Alamo Heights later this month.

The award-winning facility has gained so much love from the local community thanks to its thoughtful design approach and programming. All aspects of Dogtopia centers around providing the utmost care for your furry best friends. Dogs are separated by size and temperament into one of three playrooms to ensure the best daycare experience without causing any stress.

In addition to their daycare, Dogtopia also has boarding and grooming services for your companions. They have a firm belief that all dogs can benefit from doggy daycare, because it increases their socialization skills and lessens any repressed anxiety.

Every dog goes through an intake process consisting of a meet-and-greet session to view the dog’s paperwork, behavioral history, and their health. Thorough assessments are also made to distinguish any physical sensitivities a dog could have. The intake process is necessary for the safety of all dogs under Dogtopia’s care.

Dogtopia’s team members, dubbed “Canine Coaches,” are more than just playroom attendants. Every coach is required to complete a curriculum program designed by a registered canine behaviorist, all with the goal of the animals receiving the proper care and attention they need. The curriculum has been approved by the International Association of Animal Behavior Consultants (IAABC) and the Certification Council for Professional Dog Trainers (CCPDT). That’s not all of their training; team members also complete canine behaviorist-designed training on body language, behavior, and health.

Dogtopia’s new Alamo Ranch location is now open at 11726 Alamo Ranch Parkway. Other locations in San Antonio include one in Stoke Oak and one on De Zavala Road. A fourth location in Alamo Heights is expected to open later in March.

More information about Dogtopia’s services can be found on dogtopia.com.

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