- Counties
- Bexar, Comal, Guadalupe, Wilson, Atascosa, Bandera, Kendall, Medina
- Appraisal district
- Bexar Appraisal District
- Metro population
- About 2.6 million
Our home market
Riverstone's office is on North Interstate 35, so San Antonio is the market we know firsthand. It is also one of the deepest seller-finance markets in Texas. Many working families here earn steady income but cannot get a conventional loan on an entry-level house, and owners and investors have stepped in to carry the financing. The result is a large supply of owner-financed notes on homes in Bexar County.
Around the edges, the paper looks different. Developers sell lots on terms in New Braunfels, Schertz, Live Oak and Boerne. To the north and west, in Bandera, Kendall and Medina counties, notes are often secured by rural or recreational acreage. South toward Atascosa and Wilson counties, small acreage with a manufactured home is common.
Property tax in Bexar and nearby counties
Bexar County effective rates typically range from about 1.9 to 2.3 percent of market value. Where a property falls in that range depends on its city, school district and any special districts such as a MUD or ESD. Comal and Guadalupe tend to run a little lower.
The county tax assessor-collector mails bills in October and November. Payment is due by January 31, and penalties and interest start on February 1. For escrowed loans we pay each bill before that deadline and true up the account each year under Reg X §1024.17. Acreage in Bandera, Kendall and Medina that qualifies for 1-d-1 agricultural valuation carries a much lower bill, and we escrow against the actual number.
What being local does and doesn't mean
Being in San Antonio means we already know the local appraisal districts, tax offices and county clerks. It does not change the price or the paperwork: notes in Bexar County are serviced on the same terms as notes in Amarillo or Brownsville, and the same rate card applies everywhere. Questions about a specific note can go through our contact page.
Bexar County sales, for reference
Under Tex. Property Code §51.002, Bexar County holds trustee sales on the first Tuesday of each month at the county courthouse downtown, in an area the commissioners court designates and the notice of sale identifies. Sale notices are filed with the Bexar County Clerk. Comal County sales take place in New Braunfels and Guadalupe County sales in Seguin. The foreclosure calendar lists upcoming sale dates.
Default and foreclosure support is available as a separate service on request. Ask us for a quote.
San Antonio questions
When does the Bexar County tax bill get paid from escrow?
Before the January 31 deadline, so no penalty or interest accrues. The borrower's next annual escrow statement shows the amount paid and any change to the monthly deposit.
My note is on a property in Comal or Guadalupe County. Is that covered?
Yes. Every Texas county is covered at the same rates. The only differences are which appraisal district and tax office handle the escrow.
Do you service rural acreage north of the city?
Yes. Notes on ranch and recreational land in Bandera, Kendall, Medina, Blanco and Real counties are routine, including tracts with agricultural valuation.
This page is general information about servicing notes in the San Antonio area and is not legal advice. Tax and foreclosure rules depend on your documents, the county and current law; consult a Texas real estate attorney about any specific transaction. Riverstone Note Servicing, LLC is a Texas-licensed mortgage servicer located at 1602 N Interstate 35, San Antonio, TX 78208.
