June 30, 2025
Appraised Value (as determined by TCAD)
Minus any exemptions you may qualify for (more on this shortly)
Multiplied by the combined tax rate for your jurisdiction
Appraised home value: $500,000
Homestead exemption: $100,000
Taxable value: $400,000
Combined local tax rate: ~2.1%
Annual property tax: $400,000 x 0.021 = $8,400
Homestead Exemption: The most common exemption reduces the taxable value of your primary residence. As of 2023, the exemption for school districts is $100,000. Many cities and counties offer additional homestead exemptions.
Over-65 or Disabled Exemption: Seniors and disabled homeowners may qualify for additional exemptions, further lowering their tax liability.
Disabled Veteran Exemption: Veterans with service-connected disabilities are eligible for varying levels of exemptions based on their disability rating, up to a full exemption in some cases.
January 1 – Appraisal date (property values determined as of this date)
April-May – Notices of appraised value mailed
May 15 – Deadline to file protests if you disagree with your appraisal
October – Final tax rates are set
October–November – Tax bills mailed
January 31 (following year) – Deadline to pay taxes without penalty
File a Notice of Protest with TCAD by May 15 or within 30 days of receiving your appraisal
Present evidence such as recent comparable sales, photos of the home’s condition, or a private appraisal
Attend a hearing or settle informally with TCAD staff
New Construction Homes: If you're buying a brand-new home, be aware that the initial tax estimate may only reflect the land value. Once the structure is completed, expect the appraised value—and your tax bill—to jump significantly the following year.
Investment Properties: Investors do not qualify for homestead exemptions. This means rental properties are taxed on their full appraised value, making it even more important to factor in property taxes when calculating ROI.
Explaining how property taxes will affect your overall cost of ownership
Helping you evaluate neighborhood-specific tax rates
Assisting with resources for homestead exemptions or protests
Navigating new construction purchases and tax implications
Stay up to date on the latest real estate trends.
Discover Why Austin Is One of the Best Cities for Families to Live, Learn, and Grow.
Experience the Best of Austin’s Natural Beauty and Active Lifestyle.
What Austin Sellers Need to Know to Attract Modern Buyers and Maximize Value.
What Every Seller Should Know Before Listing Their Property.
Explore the Best Getaways Within a Few Hours of the Capital City.
Real Estate Education
Take a real-world tour of what new construction in South Austin looks like in 2025—from layouts to features and finish quality.
Real Estate Education
Before you buy new in Austin, understand what’s standard, what’s extra, and how to compare builder offerings with clarity.
Real Estate Education
Buying new in Austin? Here’s what to know about builder warranties—and how they differ between top local builders.
Explore move-in ready new construction homes in East Austin under $750K—plus builder incentives worth knowing.
Etiam non quam lacus suspendisse faucibus interdum. Orci ac auctor augue mauris augue neque. Bibendum at varius vel pharetra. Viverra orci sagittis eu volutpat.