2859 Square Feet

7307 STEEPLE DR, SAN ANTONIO

Estimated Sales range:

$580,150 - $603,830

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Appraised Value

$591,990

Appraised value is the estimated worth of a property, determined by a licensed appraiser, based on factors such as the property's condition, location, comparable sales in the area, and current market trends. It is commonly used in real estate transactions, mortgage lending, and tax assessments to establish a fair market value for the property.

Assessed Value

$540,360

Assessed value is the dollar value assigned to a property by a local government or tax authority for the purpose of calculating property taxes. It is determined by a tax assessor who evaluates the property's characteristics, such as its size, location, condition, and improvements, along with market trends and comparable properties in the area.

Land Value

$141,630

Land value is the monetary worth of a parcel of land, independent of any buildings, structures, or improvements on it. It reflects what the land alone is worth based on factors such as its location, size, zoning, topography, accessibility, and potential for development.

Improvements

$450,360

Improvements in real estate refer to any additions or enhancements made to a property that increase its value, functionality, or usability. These improvements can be made to the land itself or to structures on the property and are typically permanent in nature.

HS Cap

$51,630

In the context of property taxation, HS Cap refers to the Homestead Cap or Homestead Cap Value, which is a limitation on how much the assessed value of a homestead property can increase annually for tax purposes. This cap helps protect homeowners from drastic increases in property taxes due to rising market values.

AG Exemption

$0

An Agricultural Exemption (Ag Exemption) is a property tax benefit that reduces the taxable value of land used primarily for agricultural purposes, such as farming, ranching, or wildlife conservation. This exemption helps landowners lower their property tax burden by assessing the land based on its agricultural productivity value rather than its market value.

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