Property taxes can make a significant difference in affordability for Austin home buyers. Tax rates range from about 1.7-3.4% (varies by neighborhood) of your home’s assessed value. Depending on your home’s assessed value, annual property taxes in Austin can be anywhere from a few thousand dollars to tens of thousands of dollars per year. Because […]
New Homestead Exemption Requirements
Effective September 1, 2011, House Bill 252 changed the proof of residency requirements for those filing for a homestead exemption in Austin. The law only affects NEW applicants for the following exemptions: General Homestead Exemption Over-65 Exemption Disability Exemption Disabled Veteran’s Exemption Extended Exemption for Homeowner’s Surviving Spouse Manufactured (Mobile) Home Exemption New Proof of […]