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Saturday, April 19, 2025

Analysis: Travis County effective property tax rates outpaced the national average in Q1

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Property owners in Travis County paid 2.2% of the value of their homes in property taxes in the first quarter of 2025, which is more than 2 times the national average, according to the real estate analysis posted by Austin News.

The median sales price of a Travis County home in the first quarter of 2025 was $394,340, based on data from the 970 properties sold during that time. In 2025, the median tax bill for the county was $8,551, which is 2.2% of the median value of the homes that were taxed.

This is 2 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Travis County real estate data showed homeowners in Jonestown, Point Venture, and Elgin paid the highest rates.

The above article calculates the effective property tax rate for 2025 using estimated inflation values and 2021 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following table compares Jonestown with some other cities belonging to Travis County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2025.

CityQ1 2025 SalesQ1 2025 Median PriceMedian tax 2025Effective tax rate
Jonestown3$167,441$6,8724.1%
Point Venture3$253,857$8,5323.4%
Elgin8$173,524$5,2763%
Pflugerville59$266,796$7,2882.7%
Dessau Fountains6$228,904$6,0932.7%
Rollingwood3$947,600$24,5632.6%
Manor24$225,452$5,8162.6%
Briarcliff2$271,976$6,6742.5%
Cedar Park11$475,533$11,5252.4%
Lost Creek7$777,232$18,3262.4%
Austin718$399,311$8,9862.3%
Lago Vista13$252,300$5,7732.3%
Spicewood20$506,977$11,6322.3%
Lakeway33$489,511$10,0662.1%
The Hills2$555,193$11,6932.1%
Shady Hollow4$476,244$8,4061.8%
Wells Branch3$379,890$6,5681.7%
Bee Cave13$667,292$10,9361.6%
Leander15$581,815$8,4671.5%
Barton Creek3$2,037,252$28,8241.4%
Marble Falls2$495,891$6,6711.3%
West Lake Hills7$1,885,590$22,9011.2%
Dripping Springs6$478,856$5,6601.2%

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