No, I obviously don’t like paying my property taxes, but I’m trying to learn. I mean, the only things certain in life are death and taxes, right? With my new home purchase in the fall of 2009, I’m officially a property tax payer. As a part of my agreement with the seller, I became responsible for 100% of the taxes on the property for 2009. At the time I felt like the entire sale was a great deal and didn’t have any issue paying the cash later… but later is now and I’m not so happy about mailing in that $2,924.11 check!
Allow me to break it down for you:
Appraised value of property: $132,529
Austin ISD (local school district): $1,593.00 (1.2%)
City of Austin: $557.81 (.42%)
Travis County: $558.61 (.42%)
Travis County Health Care: $89.32 (.06%)
ACC (community college): $125.37 (.09%)
Grand total: $2,924.11 (2.2% of property value)
I love this city!
Because I have no choice other than forking over the cash, I decided to look at the positives...
My money is going towards important services like fire and police protection as well as things I use every day like the city roads.
Having attended the local schools growing up, I don’t feel so bad about spending that $1,593 on the school district.
Not only did I go to the local district’s schools growing up, but I use the neighborhood middle school’s track weekly for some of my free workouts.
I’m lucky to have a county park located directly across the street from my house. The pup sure loves it!
It’s almost like I have membership to an expensive ($243.68/month) country club called Austin, right?
What are your property taxes like? Worth it or total rip-off?
*In Texas, we do not pay a state income tax. As a result, our property taxes are higher than most.