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1/22/2020 12:12:56 PM
Posted: 2/17/2006 9:25:53 AM EST
[Last Edit: 2/17/2006 9:44:38 AM EST by ProfessorEvil]

"We're going to have the biggest reappraisal in Travis County history," Cory said. "At least in the 18 years I've been here."

On average, Cory said:

•Commercial buildings and apartments will experience a 20 percent increase.

•High-end projects could experience 30 to 40 percent increases for apartments and as much as 50 percent for some commercial buildings.

•Homes valued at $1 million or more could experience a 30 to 40 percent jump.

•Most homes will receive taxable values that are 15 to 20 percent higher. State law limits new taxation to the first 10 percent of the reappraised value, but tax on the remainder is added in future years.


The largest increases in appraisals will be focused on the county's core: all of the properties within a circle of Capital of Texas Highway (Loop 360) on the west and U.S. 183 on the east, as well as the outlying portions of the Eanes school district and Lake Travis areas.

Link Posted: 2/17/2006 9:39:02 AM EST
Dallas has done the same thing..............
Link Posted: 2/17/2006 4:01:22 PM EST
And they said it was only a houston problem

Link Posted: 2/17/2006 5:53:51 PM EST
YTeah but I still wished I lived in Austin , again.
Link Posted: 2/17/2006 5:57:38 PM EST
But, PE, don't you keep some KY Jelly in your glovebox??
Link Posted: 2/17/2006 6:20:25 PM EST
Great... I live in a condo downtown .
Link Posted: 2/17/2006 6:33:02 PM EST
Link Posted: 2/18/2006 4:16:22 AM EST
Sounds like the Robin Hood plans strikes again
Link Posted: 2/18/2006 5:54:16 AM EST
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