According to this year’s values, the 2022 median market value for a residential property in Travis County is $632,208 and the median taxable value of a residential property is $338,344.
"They've raised the taxes, triple, perhaps. It's crazy," he said.
Chief Appraiser Marya Crigler says many homeowners will see increases in market value, but there are protections in place for them. "Property owners that have had a long-term homestead exemption are going to see significant benefits for the homestead limitation. And that's the 10 percent cap that they've got on increases in their assessed value and so on," Crigler said."We have done a very vigorous job of reviewing our market data for our analysis for this year in determining market value to ensure that we are meeting our requirement as required by state law," she said.
If you think your property's market value is wrong, you can file a protest with the appraisal district. The deadline to file is May 16. Protest hearings will start in June."I think this year you're going to see more protests than we've ever seen because we haven't seen values like this in central Texas ever before.," Debra Bawcom, CEO of Texas Pro Tax, said."They never come over and appraise it, never come in and look at the house, maybe 10 years ago they did.
. The district says they were hit with a cyberattack Friday, and IT is working on getting it back up and running. At last check, loading the website is hit or miss.
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