Luxe Austin Homes - taxable value

"Post-pandemic effects on housing market still linger across Travis County"

Posted by Grossman & Jones Group on April 18th, 2025

Community Impact writes, "This year’s appraisal valuations from the Travis Central Appraisal District show that single-family residences experienced an average 3.4% decline in market value compared to last year.

However, the median market value for a residential homestead in Travis County is still up 46%, or $163,841, since pre-pandemic levels in 2019.

The big picture

Beginning April 9, more than 488,000 Travis County property owners received their appraisal notices by mail. The notices include the market value assigned to a property as of Jan. 1, as well as the taxable value of that property based on its exemptions.

“Property owners can review their 2025 values on our website and should expect to receive their notices of appraised value over the next…

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"Your Travis County appraisal notice is in the mail. Here's what residents can expect."

Posted by Grossman & Jones Group on April 15th, 2024

Austin American-Statesman writes, "This year's appraisal notices — an annual spring ritual often accompanied by fear and loathing and, on occasion, a sigh of relief — are on their way to Travis County residential and commercial property owners.

Overall, the median market value of homes in the county declined about 7%, Travis County Chief Appraiser Leana Mann said Thursday. While some homeowners will see their values decline, others will see increases, and some values could be relatively unchanged from last year.

How do appraisal values this year compare with last year's?

The 2024 median market value for a residential property in Travis County is $551,419, down from last year's median of $592,819, the appraisal district said. The market value…

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