Average Tax Assessment in Travis County
Real Estate Values and Property Tax Valuation in Travis County, Texas
Travis County has a total of 362,127 properties with a cumulative value of $171.6B, making up 8.05% of all real estate value in Texas. Property taxes in Travis County totaled $3.0B, with the average homeowner paying $8,198 in property taxes compared to the state average of $4,015. The average property tax rate in Travis County is 1.73%, slightly higher than the state average of 1.69%. Properties are typically valued for tax purposes based on their market value.
The property tax timeline in Texas begins on January 1st, when the property valuation date is set. Property value notices are issued between April and May, and the property tax appeal deadline is May 15th or 30 days after the notices are issued. The real property tax bill is due on January 31st for the preceding year's gross tax bills.
Updated November 01, 2023
Important Links | |
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TexasFile Clerk Records | - |
Travis Clerk | (512) 854-9188 |
Travis Appraisal District | (512) 834-9138 |
Important Dates | |
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Real Property Tax Bill Due (1st of #): | January 31st, Gross tax bills for preceding year |
Property Valuation Date: | January 1st |
Property Value Notices Issued: | April - May |
Property Tax Appeal Deadline: | May 15th or 30 days after notices are issued |
Property Tax Bills Issued: | October 1st |
Available Exemptions | |
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Early Payment Discount | |
Senior | Available |
Disabled | Available |
Homestead | Available |
Veteran | Available |
Solar/Wind | Available |
Charitable | Available |
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Real Estate Statistics in Travis County
Residential Property Taxes by Cities in Travis County
Travis County has an average property tax rate of 1.73%, which is slightly higher than the national average of 1.07%. This rate is applied to the assessed value of a property to determine the amount of taxes due. Property taxes in Travis County are used to fund local services such as schools, police, and fire departments.
The effective property tax rate in Travis County varies across cities. Manor has the highest effective property tax rate at 2.27%, while Marble Falls has the lowest effective property tax rate at 0.53%. This means that homeowners in Manor will pay more in property taxes than homeowners in Marble Falls. Property taxes in Travis County are an important source of revenue for local governments, and the rates vary across cities to ensure that all residents are contributing their fair share.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Travis County. The tax assessment value may differ from the potential sale value, and is used to calculate the property tax for each piece of real estate.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Austin | $200,243 | $293,190 | $405,923 | $598,662 | $882,485 |
Bee Cave | $528,060 | $621,564 | $793,830 | $920,176 | $1,056,936 |
Buda | $30,897 | $72,532 | $143,838 | $313,936 | $466,494 |
Cedar Park | $316,164 | $386,644 | $464,423 | $565,600 | $684,889 |
Del Valle | $23,266 | $64,258 | $195,829 | $238,814 | $277,243 |
Dripping Springs | $105,000 | $282,334 | $356,496 | $463,483 | $679,840 |
Elgin | $48,176 | $147,509 | $185,049 | $220,867 | $256,514 |
Jonestown | $47,417 | $146,866 | $271,435 | $543,078 | $879,848 |
Lago Vista | $43,038 | $181,722 | $272,548 | $359,369 | $493,690 |
Lakeway | $301,379 | $390,904 | $485,000 | $630,421 | $849,087 |
Leander | $39,494 | $96,245 | $418,354 | $615,382 | $797,317 |
Manchaca | $57,137 | $231,602 | $332,035 | $400,325 | $465,742 |
Manor | $35,000 | $177,743 | $219,518 | $263,716 | $322,293 |
Marble Falls | $23,367 | $54,435 | $288,274 | $759,148 | $1,131,720 |
Pflugerville | $143,658 | $232,023 | $279,085 | $335,065 | $389,917 |
Round Rock | $232,232 | $256,521 | $291,776 | $340,587 | $381,340 |
Spicewood | $86,564 | $220,267 | $430,717 | $690,376 | $1,054,276 |
The Hills | $397,746 | $511,782 | $626,700 | $730,798 | $842,020 |
Volente | $228,199 | $394,478 | $693,504 | $1,008,358 | $1,701,180 |
West Lake Hills | $887,720 | $1,039,016 | $1,341,644 | $1,856,225 | $2,637,600 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in Travis County.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Austin | $1,954 | $4,697 | $7,188 | $10,645 | $15,696 |
Bee Cave | $6,447 | $8,277 | $10,830 | $13,291 | $15,249 |
Buda | $263 | $1,069 | $1,899 | $4,014 | $6,359 |
Cedar Park | $5,267 | $7,380 | $9,483 | $11,560 | $13,849 |
Del Valle | $211 | $804 | $3,166 | $4,899 | $6,197 |
Dripping Springs | $832 | $3,228 | $4,935 | $6,449 | $8,670 |
Elgin | $327 | $823 | $1,489 | $2,538 | $3,082 |
Jonestown | $710 | $2,183 | $5,110 | $9,930 | $15,381 |
Lago Vista | $446 | $3,041 | $5,087 | $7,188 | $9,948 |
Lakeway | $3,786 | $5,387 | $7,268 | $9,710 | $13,962 |
Leander | $286 | $1,450 | $7,844 | $12,864 | $16,865 |
Manchaca | $1,238 | $2,269 | $4,602 | $6,014 | $7,073 |
Manor | $592 | $2,799 | $5,348 | $6,726 | $7,938 |
Marble Falls | $59 | $432 | $1,881 | $3,478 | $5,897 |
Pflugerville | $1,146 | $4,576 | $6,133 | $7,691 | $9,384 |
Round Rock | $3,994 | $5,225 | $6,117 | $7,066 | $8,201 |
Spicewood | $785 | $2,256 | $5,659 | $9,877 | $14,219 |
The Hills | $5,130 | $7,447 | $9,589 | $11,948 | $14,645 |
Volente | $2,624 | $6,728 | $12,349 | $19,109 | $33,289 |
West Lake Hills | $9,008 | $13,497 | $18,962 | $26,587 | $40,309 |
Effective Property Tax Rate
The effective property tax rate is calculated by dividing the property tax bill by the assessed value. For the percentiles below, the calculation is performed using the percentiles for property tax bill and assessed value above. Therefore, each consecutive percentile doesn't necessarily show a larger value.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Austin | 0.98% | 1.60% | 1.77% | 1.78% | 1.78% |
Bee Cave | 1.22% | 1.33% | 1.36% | 1.44% | 1.44% |
Buda | 0.85% | 1.47% | 1.32% | 1.28% | 1.36% |
Cedar Park | 1.67% | 1.91% | 2.04% | 2.04% | 2.02% |
Del Valle | 0.91% | 1.25% | 1.62% | 2.05% | 2.24% |
Dripping Springs | 0.79% | 1.14% | 1.38% | 1.39% | 1.28% |
Elgin | 0.68% | 0.56% | 0.80% | 1.15% | 1.20% |
Jonestown | 1.50% | 1.49% | 1.88% | 1.83% | 1.75% |
Lago Vista | 1.04% | 1.67% | 1.87% | 2.00% | 2.02% |
Lakeway | 1.26% | 1.38% | 1.50% | 1.54% | 1.64% |
Leander | 0.72% | 1.51% | 1.87% | 2.09% | 2.12% |
Manchaca | 2.17% | 0.98% | 1.39% | 1.50% | 1.52% |
Manor | 1.69% | 1.57% | 2.44% | 2.55% | 2.46% |
Marble Falls | 0.25% | 0.79% | 0.65% | 0.46% | 0.52% |
Pflugerville | 0.80% | 1.97% | 2.20% | 2.30% | 2.41% |
Round Rock | 1.72% | 2.04% | 2.10% | 2.07% | 2.15% |
Spicewood | 0.91% | 1.02% | 1.31% | 1.43% | 1.35% |
The Hills | 1.29% | 1.46% | 1.53% | 1.63% | 1.74% |
Volente | 1.15% | 1.71% | 1.78% | 1.90% | 1.96% |
West Lake Hills | 1.01% | 1.30% | 1.41% | 1.43% | 1.53% |
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Real Estate Values in Travis County
The data from Redfin shows that the median home price in Travis County, Texas decreased by 5.07% from October 2022 to October 2023. This indicates that the housing market in Travis County is cooling off. Additionally, the home inventory in Travis County decreased by 2.1% from October 2022 to October 2023. This suggests that there is less housing supply in the area, which could be driving up prices. Overall, the data from Redfin indicates that the housing market in Travis County is cooling off, but there is still a lack of housing supply in the area.
Average Home Value in Travis County, Texas
Last updated: November 2023
Percent Change in Total Home Sales in Travis County
Last updated: November 2023
Percent Change in New Home Listings in Travis County
Last updated: November 2023
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Mortgage Rates in Travis County
Travis County is home to a large and diverse population, and this is reflected in the amount of outstanding home mortgage loans in the area. According to the latest figures, there is an estimated $92.1 billion in outstanding home mortgage loans in Travis County, with a total of 228,300 outstanding loans. This represents a significant portion of the total home value in the county, and is indicative of the strong housing market in the area.
The median mortgage rate in Travis County varies across cities, with Buda having the highest rate at 4.9% and Leander having the lowest rate at 3.8%. This variation in rates across cities reflects the different economic conditions in each area, and can be used to inform potential home buyers of the best deals available. In general, Travis County offers competitive mortgage rates, making it an attractive option for those looking to purchase a home.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Travis County by city.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Austin | $46,561 | $97,768 | $202,130 | $337,466 | $501,578 |
Bee Cave | $127,779 | $219,279 | $326,549 | $504,047 | $714,412 |
Buda | $19,394 | $36,419 | $61,112 | $121,529 | $211,466 |
Cedar Park | $85,393 | $137,212 | $220,372 | $331,257 | $457,364 |
Del Valle | $44,733 | $68,677 | $99,171 | $177,433 | $250,094 |
Dripping Springs | $86,404 | $150,167 | $240,545 | $339,028 | $468,162 |
Elgin | $48,216 | $79,459 | $127,846 | $181,199 | $241,724 |
Jonestown | $28,331 | $70,829 | $174,456 | $349,270 | $515,847 |
Lago Vista | $45,781 | $97,278 | $192,353 | $279,593 | $395,897 |
Lakeway | $62,159 | $132,063 | $243,732 | $377,199 | $531,759 |
Leander | $58,050 | $194,467 | $318,018 | $438,482 | $553,202 |
Manchaca | $73,612 | $129,114 | $247,333 | $321,815 | $387,535 |
Manor | $69,370 | $116,093 | $182,185 | $232,312 | $299,711 |
Marble Falls | $28,496 | $69,464 | $190,668 | $388,511 | $532,539 |
Pflugerville | $60,228 | $99,058 | $174,508 | $249,760 | $330,397 |
Round Rock | $55,461 | $79,631 | $136,491 | $216,593 | $280,722 |
Spicewood | $57,668 | $146,252 | $284,517 | $444,486 | $655,537 |
The Hills | $98,229 | $194,863 | $315,896 | $453,624 | $630,907 |
Volente | $43,570 | $174,960 | $302,923 | $529,359 | $860,203 |
West Lake Hills | $77,607 | $211,685 | $448,441 | $909,032 | $1,711,124 |
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Travis County.
City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Austin | 2.90% | 3.50% | 4.16% | 5.84% | 7.03% |
Bee Cave | 2.90% | 3.50% | 4.03% | 5.00% | 6.59% |
Buda | 3.41% | 3.99% | 4.90% | 6.29% | 7.33% |
Cedar Park | 2.90% | 3.57% | 4.19% | 5.66% | 6.41% |
Del Valle | 2.96% | 3.61% | 4.50% | 6.06% | 6.73% |
Dripping Springs | 2.90% | 3.42% | 3.99% | 4.70% | 6.40% |
Elgin | 2.80% | 3.55% | 4.21% | 5.75% | 6.50% |
Jonestown | 2.90% | 3.40% | 4.15% | 5.87% | 7.00% |
Lago Vista | 2.80% | 3.20% | 3.95% | 5.11% | 6.62% |
Lakeway | 2.90% | 3.50% | 4.14% | 5.81% | 7.00% |
Leander | 2.80% | 3.20% | 3.80% | 4.44% | 6.10% |
Manchaca | 2.90% | 3.30% | 3.88% | 4.60% | 6.30% |
Manor | 2.80% | 3.26% | 3.90% | 4.53% | 5.98% |
Marble Falls | 2.86% | 3.26% | 4.50% | 6.56% | 7.57% |
Pflugerville | 2.90% | 3.45% | 4.03% | 5.29% | 6.72% |
Round Rock | 3.00% | 3.66% | 4.40% | 6.25% | 7.28% |
Spicewood | 2.84% | 3.38% | 4.00% | 5.19% | 6.78% |
The Hills | 2.90% | 3.37% | 3.96% | 5.40% | 6.75% |
Volente | 2.81% | 3.37% | 4.23% | 5.95% | 6.77% |
West Lake Hills | 2.87% | 3.47% | 4.29% | 6.15% | 7.16% |
Housing Expenses in Travis County, Texas
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