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.

Important Dates
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
Early Payment Discount
SeniorAvailable
DisabledAvailable
HomesteadAvailable
VeteranAvailable
Solar/WindAvailable
CharitableAvailable

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Real Estate Statistics in Travis County

Total Real Estate Value
$171.6B
Total Real Property Taxes
$3.0B
Average Property Tax Rate
1.73%
# of Real Properties
362.1K

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.

City10th Percentile25th PercentileMedian75th Percentile90th 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.

City10th Percentile25th PercentileMedian75th Percentile90th 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.

City10th Percentile25th PercentileMedian75th Percentile90th 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.

Median Sale Value
$544.5K
Total Active Listings
5.7K
Annual percent change in median sale price
-5.07%

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.

# of Outstanding Loans
228.3K
Total Outstanding Loan Amount
$92.1B
Properties with Loans
63.04%

Outstanding Mortgages

The table below shows the percentile distribution of outstanding loans on residential properties in Travis County by city.

City10th Percentile25th PercentileMedian75th Percentile90th 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.

City10th Percentile25th PercentileMedian75th Percentile90th 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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Frequently asked questions

We currently operate in Texas, California, Washington, Georgia, Florida and Illinois.
We use a private national data provider that cross-references with county recorder's offices to verify ownership. If in the event our system is unable to verify the property, our team will take further steps to investigate ownership and reach out to the customer for confirmation.
Our success rate varies across geographies; however, in any given year, we typically win more than 70% of our cases, saving clients an average of $1,457 on their property taxes.
Yes, in the market areas we serve, we have a dedicated Property Tax Consultant that is physically present in the market they are servicing. The specialist assigned to your property has the necessary geographical competence to provide exemplary service!
The average property tax rate in Travis County is 1.73%.
The following exemptions and discounts are available in Travis County: Charitable, Disabled, Homestead and Senior