Quantcast

North Austin News

Wednesday, December 25, 2024

Effective property tax rate in Travis County outpaced the national average in Q3 2023

Re 6

Property owners in Travis County paid 2.1% of the value of their homes in property taxes in the third quarter of 2023, which is more than 1.9 times the national average, according to the real estate analysis posted by North Austin News.

The median sales price of a Travis County home in the third quarter of 2023 was $387,204, based on data from the 1,250 properties sold during that time. In 2023, the median tax bill for the county was $8,056, which is 2.1% of the median value of the homes that were taxed.

This is 1.9 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Travis County real estate data showed homeowners in Point Venture, Elgin, and Briarcliff paid the highest rates.

The above article calculates the effective property tax rate for 2023 using estimated inflation values and 2021 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

The following table compares Point Venture with some other cities belonging to Travis County by their median effective property tax rate, calculated using sales and property tax data from the third quarter of 2023.

CityQ3 2023 SalesQ3 2023 Median PriceMedian tax 2023Effective tax rate
Point Venture8$232,761$8,0593.5%
Elgin10$165,919$4,9723%
Briarcliff4$240,779$6,2882.6%
Pflugerville81$280,933$6,8662.4%
Wells Branch4$256,920$6,1882.4%
Cedar Park13$455,039$10,8582.4%
Austin906$391,080$8,4662.2%
Manor34$248,131$5,4802.2%
Lost Creek9$788,586$17,2662.2%
Spicewood35$494,077$10,9592.2%
Rollingwood3$1,078,366$23,1422.1%
Lago Vista23$276,072$5,4392%
West Lake Hills6$1,076,286$21,5762%
Barton Creek4$1,429,121$27,1571.9%
Leander25$426,648$7,9771.9%
Lakeway39$538,160$9,4841.8%
Bee Cave9$557,091$10,3021.8%
Jonestown5$378,620$6,4761.7%
The Hills6$694,220$11,0161.6%
Hudson Bend5$484,000$7,3501.5%
Shady Hollow5$540,700$7,9231.5%
Manchaca5$339,144$4,6861.4%
Dripping Springs5$430,631$5,3331.2%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS