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Showing posts from November, 2021

Hidalgo County Residential Values Increase 15.09%

  Property tax assessments for homes were increased by 15.09% for the tax year 2021, based on a review of 7,377 homes valued by the Hidalgo Appraisal District.  Homes valued at $1 million or higher had the largest increases, average 16.5% higher than 2020. Review of 7,377 homes valued at $300,000 or indicates an increase in assessed value of $2.75 billion, up 12.6% from 3.10 billion in 2021.  Total property taxes for 2021 for homes valued over $300,000 would total $86.72 million, based on a 2.7% tax rate before considering homestead exemptions. Hidalgo has 156 homes valued at $1 million or higher.  They are valued at $0.19 billion in 2021, up from $0.17 billion in 2020.  Values were increased for 148 homes, reduced for 1 home, and remained flat for 7 homes. Homes valued at $300,000 to 500,000 increased from 1.85 billion in 2020 to 2.08 billion in 2021, an 12.7% increase.  Of the 5,894 in this price range, values were increased for 5,678, reduced for 154, an...

Hays County Residential Values Increase 17.5%

  Property tax assessments for homes were increased by 17.5% for the tax year 2021, based on a review of 28,561 homes valued by the Hays Appraisal District.  Homes valued at $500,000 to $1,000,000 had the largest increases, average 18.54% higher than 2020. Review of 28,561 homes valued at $300,000 or indicates an increase in assessed value of $12.06 billion, up 16.4% from 14.04 billion in 2021.  Total property taxes for 2021 for homes valued over $300,000 would total $175.6 million, based on a 2.7% tax rate before considering homestead exemptions. Homes valued at $300,000 to 500,000 increased from 5.42 billion in 2020 to 6.32 billion in 2021, an 16.7% increase.  Of the 17,026 in this price range, values were increased for 16,172, reduced for 767, and remained flat for 87. Luxury homes valued at $500,000 to $1,000,000 rose to $6.27 billion in 2021 from $5.39 billion in 2020, a 16.2% increase.  This group of homes had the smallest level of increase, but still a si...

Montgomery County Residential Values Increase 7.64%

  Property tax assessments for homes were increased by 7.64% for the tax year 2021, based on a review of 57,320 homes valued by the Montgomery Appraisal District.  Homes valued at $300,000 to 500,000 had the largest increases, average 8.7% higher than 2020. Review of 57,320 homes valued at $300,000 or indicates an increase in assessed value of $26.27 billion, up 7.4% from 28.23 billion in 2021.  Total property taxes for 2021 for homes valued over $300,000 would total $776.8 million, based on a 2.7% tax rate before considering homestead exemptions. Montgomery has 2,629 homes valued at $1 million or higher.  They are valued at $3.78 billion in 2021, up from $3.61 billion in 2020.  Values were increased for 1,551 homes, reduced for 875 homes, and remained flat for 203 homes. Homes valued at $300,000 to 500,000 increased from 13.45 billion in 2020 to 14.63 billion in 2021, an 8.7% increase.  Of the 39,301 in this price range, values were increased for 29,257, r...