Real Estate Values and Property Tax Valuation in Austin, Texas

The city of Austin has 19,896 properties with a cumulative value of $8.4B, representing 12.38% of all real estate value in Williamson County. Property taxes in Austin totaled $161.3M, with the average homeowner paying $8,143 in taxes, which is higher than the county average of $6,552. The average property tax rate in Austin is 1.93%, while the county average is 1.86%. Property values for tax purposes are determined by the local appraisal district.

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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Ownwell will evaluate your property tax assessment, build a case, and file an appeal. With our Savings-or-Free guarantee, only pay 25% of your property tax bill savings!

Real Estate Statistics in Austin, Texas

Total Real Estate Value
$8.4B
Total Real Property Taxes
$161.3M
Average Property Tax Rate
1.93%
# of Real Properties
19,896

Residential Property Tax by ZIP code in Austin, Texas

Austin property taxes are relatively low compared to the rest of Williamson County, with an average rate of 1.93%. This rate is slightly lower than the county average of 1.86%. However, property tax rates can vary significantly across different ZIP codes in Austin. For example, the ZIP code with the highest effective property tax rate is 78717, with a rate of 2.05%, while the ZIP code with the lowest effective property tax rate is 78728, with a rate of 1.54%. This variation in rates is due to differences in home values across different ZIP codes. Generally, the higher the home value, the higher the property tax rate. Therefore, it is important to consider the property tax rate when looking for a home in Austin.

Tax Assessment Value

The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each ZIP code in Austin, Texas. 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.

ZIP Code10th Percentile25th PercentileMedian75th Percentile90th Percentile
78717$336,020$386,376$454,207$551,312$664,346
78728$70,000$220,680$367,071$427,981$451,013
78729$307,911$339,412$382,957$426,320$469,253
78750$241,178$324,523$348,395$373,604$406,339

Property Tax Bill

This table shows the percentiles of actual property tax paid on residential properties for each ZIP code in Austin, Texas.

ZIP Code10th Percentile25th PercentileMedian75th Percentile90th Percentile
78717$6,375$8,005$9,404$11,404$14,088
78728$865$2,700$5,966$7,371$7,914
78729$4,429$5,740$6,829$8,065$9,122
78750$3,302$4,568$6,790$7,792$8,555

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.

ZIP Code10th Percentile25th PercentileMedian75th Percentile90th Percentile
78717 1.90% 2.07% 2.07% 2.07% 2.12%
78728 1.24% 1.22% 1.63% 1.72% 1.75%
78729 1.44% 1.69% 1.78% 1.89% 1.94%
78750 1.37% 1.41% 1.95% 2.09% 2.11%

Reduce your property tax bill with Ownwell

Ownwell will evaluate your property tax assessment, build a case, and file an appeal. With our Savings-or-Free guarantee, only pay 25% of your property tax bill savings!

Real Estate Values in Austin, Texas

We currently do not have this data but we are working to add this soon.

Average Home Value in Austin, Texas

Last updated: November 2023

Average home value over time in Austin, Texas

Last updated: November 2023

Total unique home listings in Austin, Texas

Last updated: November 2023

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Housing Expenses in Austin, Texas

Housing expenses are a major part of the average household budget in the state. In fact, housing expenses account for nearly one-third of total expenses for the average household. As inflation continues, housing expenses continue to rise, eating up an ever-increasing portion of the household budget. Property taxes are the second largest component of housing expenses for the average property owner in the state, making up a significant portion of the total housing expenses. As housing expenses continue to rise, it is important for households to budget carefully and plan for the future to ensure they can afford their housing expenses.

Monthly Consumer Expenses for South region

Reduce your property tax bill with Ownwell

Ownwell will evaluate your property tax assessment, build a case, and file an appeal. With our Savings-or-Free guarantee, only pay 25% of your property tax bill savings!

With Ownwell's property tax monitoring service ensures you'll never overpay on property taxes again.

How Ownwell works?

  1. Enter your property address and get an instant estimate of your potential tax savings based on local market data and our historical tax savings in your area.
  2. Sign up online and authorize Ownwell to fight your tax bill in less than 5 minutes.
  3. Sit back and let us get to work. Ownwell handles everything start to finish with no up-front costs. It’s all backed by our industry-leading Savings-or-Free Guarantee.
  4. When we save you money our fee is just 25% of your savings. If you don't save, you don't pay. We will continue to monitor your property taxes every year to ensure that you never overpay or have to worry about your property taxes again.

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Enter your property address and get an initial estimate of your potential tax savings based on local market data and our historical tax savings in your area. We never share or sell your information.

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 Austin is 1.93%.
The following exemptions and discounts are available in Austin: Charitable, Disabled, Homestead and Senior