Property Tax in Austin, Texas

Austin is located in Travis County, Texas. Property taxes for homeowners in Austin are administered by the county assessor's office. The median effective property tax rate is 1.54%, meaning a homeowner with a home valued at the county median of $487,600 pays approximately $7,487 per year. This rate is 0.04% lower than the Texas state average (1.58%) and 0.63% higher than the national average (0.91%).

Advertisement
1.54%
Effective Tax Rate
$7,487
Median Annual Tax
$487,600
Median Home Value
978,908
Population

Property Tax Calculator for Austin

Enter your home's assessed value to estimate your annual property tax in Austin, Texas.

Estimated Annual Property Tax: $7,487
That is approximately $623 per month.
Advertisement

How Property Tax Works in Austin

Homeowners in Austin pay property tax to multiple overlapping jurisdictions: Travis County, the city of Austin itself, school districts, and other special-purpose districts. The effective rate shown on this page combines all of these into a single percentage applied against the assessed value of the property.

Each jurisdiction sets its own rate ("millage") annually, typically during the budget process. The total bill is paid to the county tax collector, which distributes revenue back to the individual jurisdictions.

Who Assesses Your Home

Your home's assessed value is determined by the Travis County assessor's office. Assessments usually happen on a defined schedule (annual, biennial, or longer depending on the state) and are based on recent comparable sales, property characteristics, and market conditions. Homeowners have the right to appeal the assessed value if they believe it exceeds fair market value.

Exemptions to Check

Most states offer exemptions that reduce the taxable value of your home. The most common are the homestead exemption (for primary residences), senior exemption (for homeowners over 65), veteran exemption, and disability exemption. Contact the Travis County assessor's office to apply.

Advertisement