There are significant tax advantages to living in Kendall County– specifically Cordillera Ranch. In outlying areas like Cordillera Ranch, Kendall County property taxes are as low as 1.7%, boasting one of the lowest property tax rates in the state.
Many metropolitan areas of Texas approach a tax rate of 3%. Living in Cordillera Ranch affords you the opportunity to save money if purchasing a similar value home OR you can buy more home in Cordillera Ranch for the same taxes that you’re currently paying in your more highly taxed area. In addition to savings on a percentage basis, if your primary home is in Kendall County, you can claim a “Homestead Exemption” that further lowers the taxable value of your home. Upon reaching age 65, Kendall County will freeze the valuation of your primary home. Those are three significant tax savings that other communities just don’t have.
If you’re not a Texas resident, you may not know that Texas has no state income tax. Not only do you get more for your money than many other states, but you keep more of your money since you’re not taxed on your income either. Lower taxes combined with a favorable regulatory climate for business, moderate housing costs and a lower cost of living continue to allow Texans to prosper.