Austin, Texas Property Taxes
The median property tax rate in Austin, TX is 1.28%, which is significantly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $580,151 in Austin, the typical annual property tax bill amounts to $8,135, far exceeding the national median of $2,690. Property taxes in Austin are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Austin's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Austin or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Austin, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.28%
Estimate Property Tax Bill
$7,426
$6,871
$1,148
Average Austin, Texas Tax Savings
Ownwell’s Austin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Austin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Austin to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Austin. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Austin, Texas
Property taxes in Austin, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Austin is 1.28%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Austin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Austin estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Austin's effective property tax rate to other counties in Texas and the national median. For comparison, the 78742 zip code has the highest median property tax rate of 2.16%, while the 78669 zip code has the lowest median tax rate of 0.46%. Understanding how these cities compare with Austin provides valuable insights into the varying tax landscape across Travis County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Austin Tax Rate
1.28%
Average Travis County Tax Rate
1.31%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Austin, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
00000 | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
7802 | N/A | N/A | N/A | N/A | N/A |
78610 | 1.32% | 1.65% | 1.86% | 2.03% | 2.28% |
78617 | 0.37% | 0.47% | 1.21% | 1.90% | 1.91% |
78620 | 1.82% | 1.82% | 1.82% | 1.82% | 1.82% |
78652 | 1.61% | 1.61% | 1.61% | 1.61% | 1.61% |
78653 | 0.58% | 0.81% | 1.18% | 1.55% | 1.78% |
78654 | 1.17% | 1.17% | 1.17% | 1.17% | 1.17% |
78660 | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
78669 | 0.46% | 0.46% | 0.46% | 0.46% | 0.46% |
78681 | 1.18% | 1.30% | 1.50% | 1.70% | 1.82% |
78701 | 0.33% | 1.17% | 1.54% | 1.81% | 2.02% |
78702 | 0.59% | 1.02% | 1.36% | 1.82% | 2.01% |
78703 | 0.78% | 1.00% | 1.26% | 1.70% | 2.00% |
78704 | 0.78% | 1.05% | 1.32% | 1.78% | 1.99% |
78705 | 1.11% | 1.55% | 1.83% | 2.01% | 2.21% |
78712 | N/A | N/A | N/A | N/A | N/A |
78719 | 0.20% | 0.49% | 1.67% | 1.89% | 2.20% |
78721 | 0.39% | 0.96% | 1.30% | 1.91% | 2.12% |
78722 | 0.87% | 1.25% | 1.54% | 2.05% | 2.22% |
78723 | 0.55% | 1.07% | 1.39% | 1.79% | 2.14% |
78724 | 0.39% | 0.97% | 1.64% | 2.00% | 2.29% |
78725 | 0.68% | 0.91% | 1.18% | 1.81% | 1.98% |
78726 | 0.91% | 1.13% | 1.24% | 1.45% | 2.08% |
78727 | 0.71% | 1.11% | 1.30% | 1.91% | 2.24% |
78728 | 0.77% | 1.01% | 1.22% | 1.76% | 2.03% |
78729 | 0.74% | 1.08% | 1.22% | 1.80% | 2.07% |
78730 | 0.81% | 1.03% | 1.26% | 1.61% | 1.93% |
78731 | 0.76% | 0.99% | 1.22% | 1.57% | 1.97% |
78732 | 0.89% | 1.10% | 1.25% | 1.47% | 2.08% |
78733 | 0.59% | 0.78% | 0.94% | 1.19% | 1.54% |
78734 | 0.47% | 0.74% | 0.99% | 1.56% | 1.84% |
78735 | 0.77% | 1.00% | 1.24% | 1.60% | 1.97% |
78736 | 0.49% | 0.76% | 1.13% | 1.37% | 1.81% |
78737 | 0.41% | 0.63% | 0.83% | 1.13% | 1.46% |
78738 | 0.77% | 0.96% | 1.26% | 1.59% | 2.11% |
78739 | 0.79% | 0.98% | 1.14% | 1.26% | 1.79% |
78741 | 0.53% | 1.08% | 1.57% | 1.97% | 2.19% |
78742 | 0.29% | 1.10% | 2.16% | 2.16% | 2.40% |
78744 | 0.26% | 0.84% | 1.40% | 2.03% | 2.24% |
78745 | 0.56% | 1.01% | 1.29% | 1.90% | 2.10% |
78746 | 0.64% | 0.80% | 1.03% | 1.33% | 1.75% |
78747 | 0.49% | 0.92% | 1.17% | 1.82% | 2.06% |
78748 | 0.68% | 1.05% | 1.22% | 1.79% | 2.04% |
78749 | 0.71% | 0.99% | 1.18% | 1.48% | 1.97% |
78750 | 0.82% | 1.09% | 1.28% | 1.60% | 2.00% |
78751 | 1.02% | 1.28% | 1.59% | 1.95% | 2.14% |
78752 | 0.61% | 1.06% | 1.40% | 1.94% | 2.07% |
78753 | 0.52% | 0.98% | 1.29% | 1.97% | 2.17% |
78754 | 0.70% | 1.28% | 1.47% | 2.00% | 2.44% |
78756 | 0.95% | 1.17% | 1.39% | 1.83% | 2.11% |
78757 | 0.80% | 1.12% | 1.37% | 1.77% | 2.12% |
78758 | 0.56% | 1.02% | 1.38% | 1.98% | 2.22% |
78759 | 0.74% | 1.01% | 1.26% | 1.53% | 1.98% |
Source: Ownwell
$1,148
Average Austin Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Austin, Texas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Austin, Texas. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Travis County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Austin, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The zip code with the highest median tax bill is 78681 at $18,496, while the lowest is 78654 at $468. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Austin Assessed Value
$580,151
Average Travis County Assessed Value
$537,591
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Austin, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
00000 | $949,162 | $949,162 | $949,162 | $949,162 | $949,162 |
7802 | N/A | N/A | N/A | N/A | N/A |
78610 | $144,229 | $202,265 | $353,545 | $508,822 | $574,053 |
78617 | $74,793 | $159,822 | $261,785 | $337,028 | $373,962 |
78620 | $506,058 | $506,058 | $506,058 | $506,058 | $506,058 |
78652 | $2,985 | $2,985 | $2,985 | $2,985 | $2,985 |
78653 | $102,623 | $244,117 | $479,940 | $715,764 | $857,258 |
78654 | $40,050 | $40,050 | $40,050 | $40,050 | $40,050 |
78660 | $1,054,267 | $1,054,267 | $1,054,267 | $1,054,267 | $1,054,267 |
78669 | $1,001,026 | $1,001,026 | $1,001,026 | $1,001,026 | $1,001,026 |
78681 | $706,828 | $855,072 | $1,102,147 | $1,349,222 | $1,497,466 |
78701 | $377,054 | $544,902 | $741,307 | $1,212,772 | $2,183,882 |
78702 | $421,018 | $554,853 | $707,442 | $929,498 | $1,220,279 |
78703 | $515,928 | $1,005,924 | $1,528,496 | $2,200,500 | $3,048,972 |
78704 | $375,312 | $650,000 | $933,668 | $1,331,995 | $1,847,731 |
78705 | $206,381 | $282,869 | $381,756 | $793,158 | $1,101,864 |
78712 | N/A | N/A | N/A | N/A | N/A |
78719 | $60,762 | $134,535 | $253,411 | $366,039 | $521,744 |
78721 | $384,968 | $445,177 | $517,756 | $626,344 | $770,084 |
78722 | $453,315 | $550,000 | $645,632 | $744,626 | $857,294 |
78723 | $318,273 | $447,902 | $516,151 | $659,830 | $919,432 |
78724 | $44,982 | $100,000 | $334,100 | $426,794 | $517,493 |
78725 | $243,866 | $285,034 | $340,940 | $406,048 | $530,627 |
78726 | $582,512 | $676,286 | $793,158 | $921,446 | $1,058,389 |
78727 | $367,849 | $428,766 | $539,392 | $609,764 | $698,942 |
78728 | $400,610 | $432,990 | $471,643 | $519,922 | $589,807 |
78729 | $449,863 | $487,704 | $517,169 | $536,241 | $564,336 |
78730 | $370,055 | $779,602 | $1,246,208 | $1,747,073 | $2,367,443 |
78731 | $415,172 | $766,486 | $1,122,304 | $1,470,380 | $1,868,658 |
78732 | $612,953 | $702,739 | $931,242 | $1,350,761 | $1,728,846 |
78733 | $557,257 | $798,156 | $1,259,054 | $1,752,127 | $2,758,278 |
78734 | $161,384 | $400,898 | $640,216 | $977,109 | $1,558,688 |
78735 | $334,039 | $672,839 | $875,249 | $1,474,499 | $2,786,774 |
78736 | $280,254 | $487,896 | $593,036 | $816,458 | $1,041,231 |
78737 | $430,130 | $709,330 | $840,381 | $1,123,349 | $1,507,143 |
78738 | $620,866 | $750,443 | $937,184 | $1,318,706 | $2,167,536 |
78739 | $688,289 | $758,674 | $848,730 | $995,584 | $1,184,745 |
78741 | $192,470 | $315,862 | $444,085 | $574,688 | $719,440 |
78742 | $5,696 | $9,632 | $74,140 | $386,282 | $480,945 |
78744 | $67,103 | $312,283 | $383,153 | $458,371 | $560,137 |
78745 | $384,320 | $458,667 | $520,388 | $585,555 | $667,889 |
78746 | $870,493 | $1,280,918 | $1,807,287 | $2,664,431 | $3,849,039 |
78747 | $94,383 | $363,039 | $440,224 | $512,509 | $617,473 |
78748 | $401,973 | $443,446 | $495,831 | $573,694 | $672,769 |
78749 | $500,179 | $552,517 | $625,459 | $710,333 | $816,985 |
78750 | $528,070 | $683,842 | $848,620 | $1,000,723 | $1,150,414 |
78751 | $353,934 | $572,069 | $717,182 | $885,876 | $1,125,224 |
78752 | $330,616 | $407,851 | $495,188 | $583,801 | $689,772 |
78753 | $76,003 | $354,945 | $409,942 | $484,520 | $564,558 |
78754 | $68,537 | $341,169 | $410,090 | $466,150 | $521,722 |
78756 | $345,791 | $647,468 | $806,890 | $1,026,108 | $1,395,259 |
78757 | $366,704 | $534,304 | $680,546 | $832,523 | $1,070,955 |
78758 | $314,463 | $404,399 | $465,888 | $527,948 | $606,430 |
78759 | $408,939 | $588,889 | $729,193 | $896,242 | $1,062,694 |
Source: Ownwell
$1,148
Average Austin Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Austin, Texas
In Austin, Travis County, property tax bills are determined by the assessed value of your home and the local tax rate. The median home price in Austin is $580,151, and the property tax rate is applied to this assessed value to calculate the annual tax bill. Factors such as property improvements, market conditions, and neighborhood developments can influence the assessed value. For instance, tax bills in Austin range significantly, with the 25th percentile at $5,159 and the 75th percentile at $11,900. Some homeowners may even see tax bills as high as $17,465 at the 90th percentile. High property taxes can be a burden for homeowners, but Ownwell offers a solution. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially lower their assessed values and, consequently, their tax bills. This can result in significant savings, making homeownership more affordable. With the highest median tax bill in one Austin zip code reaching $18,496, the potential for savings is substantial.
Average Austin Tax Bill
$8,135
Average Travis County Tax Bill
$7,669
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Austin, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
00000 | $4,848 | $4,848 | $4,848 | $4,848 | $4,848 |
7802 | N/A | N/A | N/A | N/A | N/A |
78610 | $2,966 | $4,424 | $5,484 | $7,127 | $9,633 |
78617 | $667 | $1,587 | $3,030 | $4,466 | $5,376 |
78620 | $9,196 | $9,196 | $9,196 | $9,196 | $9,196 |
78652 | $48 | $48 | $48 | $48 | $48 |
78653 | $555 | $1,149 | $2,137 | $3,126 | $3,720 |
78654 | $468 | $468 | $468 | $468 | $468 |
78660 | $10,892 | $10,892 | $10,892 | $10,892 | $10,892 |
78669 | $4,591 | $4,591 | $4,591 | $4,591 | $4,591 |
78681 | $9,063 | $12,600 | $18,496 | $24,391 | $27,928 |
78701 | $1,819 | $5,880 | $10,359 | $17,628 | $34,132 |
78702 | $3,655 | $6,734 | $9,675 | $13,197 | $17,000 |
78703 | $7,396 | $11,813 | $18,377 | $27,326 | $38,706 |
78704 | $4,916 | $8,097 | $12,691 | $17,722 | $24,207 |
78705 | $3,458 | $4,977 | $6,794 | $12,001 | $18,134 |
78712 | N/A | N/A | N/A | N/A | N/A |
78719 | $238 | $888 | $2,570 | $5,146 | $7,253 |
78721 | $1,924 | $4,777 | $7,368 | $9,889 | $12,461 |
78722 | $4,734 | $7,301 | $10,016 | $12,757 | $15,433 |
78723 | $2,178 | $4,545 | $7,648 | $10,594 | $13,304 |
78724 | $317 | $1,394 | $3,282 | $6,668 | $8,950 |
78725 | $1,675 | $2,922 | $4,372 | $6,133 | $7,435 |
78726 | $6,711 | $8,491 | $10,340 | $12,390 | $16,824 |
78727 | $3,802 | $5,358 | $7,342 | $9,332 | $11,561 |
78728 | $3,248 | $4,741 | $5,966 | $8,141 | $9,555 |
78729 | $3,452 | $5,365 | $6,408 | $8,568 | $10,364 |
78730 | $5,191 | $9,620 | $14,850 | $20,605 | $29,913 |
78731 | $5,175 | $8,764 | $13,394 | $17,937 | $24,541 |
78732 | $7,348 | $9,367 | $12,599 | $16,676 | $22,277 |
78733 | $4,960 | $7,461 | $11,755 | $17,458 | $28,171 |
78734 | $1,530 | $3,529 | $6,520 | $10,744 | $16,907 |
78735 | $2,978 | $7,707 | $10,930 | $17,106 | $31,727 |
78736 | $1,807 | $4,085 | $6,628 | $9,606 | $12,214 |
78737 | $2,802 | $4,827 | $7,555 | $10,191 | $13,706 |
78738 | $6,443 | $9,327 | $12,682 | $17,620 | $25,909 |
78739 | $6,303 | $8,282 | $10,167 | $12,120 | $15,031 |
78741 | $1,086 | $3,542 | $6,190 | $9,167 | $11,966 |
78742 | $122 | $200 | $950 | $4,589 | $8,068 |
78744 | $324 | $1,895 | $4,992 | $7,875 | $10,336 |
78745 | $2,592 | $4,650 | $6,729 | $9,574 | $11,347 |
78746 | $8,558 | $13,329 | $18,224 | $26,413 | $41,231 |
78747 | $948 | $3,359 | $5,171 | $7,345 | $9,090 |
78748 | $3,362 | $4,922 | $6,431 | $8,489 | $10,469 |
78749 | $4,298 | $5,825 | $7,868 | $9,756 | $11,903 |
78750 | $6,193 | $8,443 | $10,999 | $13,305 | $16,358 |
78751 | $5,152 | $7,805 | $10,980 | $14,435 | $17,933 |
78752 | $2,598 | $4,391 | $6,837 | $9,516 | $11,581 |
78753 | $923 | $2,905 | $5,166 | $7,495 | $9,295 |
78754 | $739 | $3,205 | $5,819 | $8,183 | $10,486 |
78756 | $5,286 | $8,375 | $11,889 | $15,472 | $19,655 |
78757 | $4,208 | $6,833 | $9,695 | $12,324 | $15,268 |
78758 | $2,422 | $4,112 | $6,371 | $9,193 | $10,938 |
78759 | $4,416 | $6,518 | $9,183 | $12,209 | $14,828 |
Source: Ownwell
$1,148
Average Austin Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to protest!
Dates | |
---|---|
Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
---|---|
Travis Appraisal District | |
Phone | (512) 834-9317 |
Website | stage.travis.prodigycad.com |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.