Tax Advantages

THE BUYING POWER OF CORDILLERA RANCH:

Why you can afford more home here because of lower property taxes

With low property tax rates in Cordillera Ranch, you have a much greater “buying power” than in other neighborhoods.  The table and chart below illustrate how much more home you can purchase in Cordillera Ranch while still maintaining the same effective annual property cost after factoring in the low property tax rate in Cordillera Ranch.  There is not a current city tax rate in Cordillera Ranch.  As a result, the annual mortgage and property tax cost on an $857,500 property in The Dominion is equivalent to a $1,000,000 home in Cordillera Ranch.  That means, because of the low tax rates in Cordillera Ranch, you can buy 17% more home than you would in The Dominion.

The table below reflects similar comparisons to the West Houston area and The Woodlands.  Put your money into real estate – not property taxes.

Average 10 Year Tax Savings:

$96,000

That’s the Cordillera Ranch
tax advantage!

CORDILLERA RANCH
Total Taxes Paid $16,940/year

50%

DOMINION
Total Taxes Paid $27,151/year

80%

WEST HOUSTON
Total Taxes Paid $26,700/year

75%

Source for the information used is from the respective county appraisal websites using 2012 tax rates. Information should be independently verified.

Buying Power based on low tax rates in Cordillera Ranch Chart

The following is a breakdown of annual 2012 property taxes in various Texas neighborhoods as compared to Cordillera Ranch. Property taxes are determined based on a total property value of $1,000,000, and figures are based on 2012 tax rates.

Cordillera Ranch

Kendall County $0.395
Boerne ISD 1.294
CCGCD 0.005

Total Tax Rate $1.694/$100
Total Taxes Paid $16,940/year

The Dominion

City of San Antonio $0.57
NISD 1.3755
RD & Flood 0.03
SA River Authority 0.02
Community College 0.15
University Health System 0.28
Bexar County 0.30

Total Tax Rate $2.72/$100
Total Taxes Paid $27,151/year
CR 10 Year Tax Advantage: $102,112

Sonterra

City of San Antonio $0.57
NEISD 1.43
RD & Flood 0.03
SA River Authority 0.02
Community College 0.15
University Health System 0.28
Bexar County 0.296

Total Tax Rate $2.77/$100
Total Taxes Paid $27,700/year
CR 10 Year Tax Advantage: $108,000

Dallas

City of Dallas $0.80
Dallas ISD 1.29
Dallas County 0.25
Community College 0.12
Parkland Hospital 0.27

Total Tax Rate $2.73/$100
Total Taxes Paid $27,300/year
CR 10 Year Tax Advantage: $103,600

Houston

City of Houston $0.64
Spring Branch ISD 1.39
Harris County 0.40
Flood Control 0.03
Port of Houston 0.02
Hospital District 0.19
Education Dept. 0.01

Total Tax Rate $2.68/$100
Total Taxes Paid $26,700/year
CR 10 Year Tax Advantage: $97,000