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Market News and Trends

Hays County tax appraisals rise


After five years of strong demand, limited supply, and rising sale prices in Austin-area residential real estate, it’s no surprise that the taxable values of homes are also rising.  Here’s a summary from Hays County:

Hays County home values rise nearly 9%

For comparison, these are similar recent reports about Travis and Williamson counties:

It’s Tax Appraisal Season!

Williamson County Tax Appraisals Are Out

So, Hays County appraisals are up almost 9%, Travis up 10%, and Williamson rose 6%.

I have provided data to quite a few of my clients this year to help them protest their appraisals.  Everybody’s situation is unique — how long they’ve owned the property, whether they have a homestead exemption, and over-65 exemption, etc., how long those exemptions have been in place … and, of course, where the property is located.  Yes, prices have trended upward pretty much everywhere over the past few years, but some areas and some specific neighborhoods have experienced this market very differently, rising much more than the average, or somewhat less.

As I commented a couple of days ago, it looks like another very busy year with an out of balance real estate market, so buckle up for similar increases in tax appraisals next year.

 

 

About Bill Morris, Realtor

Many years of business experience (high tech, client service, business organization and start-up, including 18 years in real estate) tell me that service is the key to success and I look forward to serving you. I represent both buyers and sellers throughout the Austin metropolitan area, which means first-hand market knowledge is brought to bear on serving your needs. Learn more about my background and experience, my commitment to my clients, my profession, and to the real estate industry at CentralTexasHomeSearch.com.

Discussion

One thought on “Hays County tax appraisals rise

  1. Thank you for sharing the information.
    You can now ensure compliance and get authentic hold after meeting the service provider. Travis county tax protest lets your business back on track. Appeal possesses in courts can be very difficult for laymen to understand.

    Posted by Rincy Rome | April 24, 2019, 4:19 AM

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