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The property tax on this Austin home is almost $4K per month

Posted on 1/20/23 at 2:17 pm
Posted by hikingfan
Member since Jun 2013
1658 posts
Posted on 1/20/23 at 2:17 pm
It's like paying $4K rent to live in your own home. It sits on a 1 acre lot tho.

7909 Orisha Dr
Austin, TX 78739








Posted by 3nOut
Central Texas, TX
Member since Jan 2013
28876 posts
Posted on 1/20/23 at 2:21 pm to
a college friend of mine was from Austin and came from filthy money. her best friend from college went to UT and when she got married her parents bought a house around this area and in 2007 or so she took over property tax and insurance were $2.5k a month on a paid off house.
This post was edited on 1/20/23 at 2:22 pm
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65697 posts
Posted on 1/20/23 at 2:22 pm to

The wealthy owner doesn't have state tax to worry about. So if he's banking, that 48k is just a number.
Posted by doubleb
Baton Rouge
Member since Aug 2006
36014 posts
Posted on 1/20/23 at 2:22 pm to
That’s cheap.

Houses in Delaware rent for over 48,000 a month.

You Texans have it made.
Posted by OweO
Plaquemine, La
Member since Sep 2009
113941 posts
Posted on 1/20/23 at 2:25 pm to
What is required to consider something a ranch? Isn't that the route to go to avoid having to pay a lot of property taxes?
Posted by LordSnow
Your Mom's House
Member since May 2011
5508 posts
Posted on 1/20/23 at 2:32 pm to
quote:

What is required to consider something a ranch?


5 acres and some livestock or bee hives
Posted by ThisWayChad
Member since Nov 2009
2531 posts
Posted on 1/20/23 at 2:35 pm to
quote:

That’s cheap.

Houses in Delaware rent for over 48,000 a month.

You Texans have it made.


Posted by H2O Tiger
Delta Sky Club
Member since May 2021
6614 posts
Posted on 1/20/23 at 2:40 pm to
That's how Texas property tax works. It's high, but we have no state income tax. My property tax is over $15k per for a regular house
Posted by Nola1962
Member since Jul 2020
180 posts
Posted on 1/20/23 at 2:41 pm to
Property taxes in Houston are roughly 1.5 to 2.0% the tax assessors appraised value annually. For a $2million dollar home that equates to $30k to $40K per urar in property taxes.
Posted by H2O Tiger
Delta Sky Club
Member since May 2021
6614 posts
Posted on 1/20/23 at 2:42 pm to
Austin area is anywhere from 1.7-3% annually

Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 1/20/23 at 2:43 pm to
quote:

Property taxes in Houston are roughly 1.5 to 2.0% the tax assessors appraised value annually. For a $2million dollar home that equates to $30k to $40K per urar in property taxes.




TX property taxes are ooc, I pay $13k/year on a cookie cutter mini McMansion sitting on a postage stamp lot
Posted by jatilen
Member since May 2020
13608 posts
Posted on 1/20/23 at 2:44 pm to
Please take down the pictures of my house
Posted by RummelTiger
Texas
Member since Aug 2004
89847 posts
Posted on 1/20/23 at 2:48 pm to
quote:

The property tax on this Austin home is almost $4K per month


Not quite...

Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65697 posts
Posted on 1/20/23 at 2:50 pm to
With a homestead exemption of 15k it's only 1.943! What a deal.
This post was edited on 1/20/23 at 2:51 pm
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 1/20/23 at 2:52 pm to
quote:

Please take down the pictures of my house



on behalf of my butler I'm imploring you to take down pictures of his house
Posted by evil cockroach
27.98N // 86.92E
Member since Nov 2007
7458 posts
Posted on 1/20/23 at 2:55 pm to
#metoo

But at least I feel like it a little money back with my kids being able to go to a very good local public school just a block from my house
Posted by H2O Tiger
Delta Sky Club
Member since May 2021
6614 posts
Posted on 1/20/23 at 2:56 pm to
Didn't realize Meridian was in Hays county.
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 1/20/23 at 2:56 pm to
quote:

But at least I feel like it a little money back with my kids being able to go to a very good local public school just a block from my house



empty nester here, paying for good schools for everyone else's kids
Posted by RummelTiger
Texas
Member since Aug 2004
89847 posts
Posted on 1/20/23 at 2:57 pm to
quote:

Didn't realize Meridian was in Hays county.


That's what saved his arse.

Mine is $12.2k p/year - and I'm not valued at $1.9MM.
Posted by H2O Tiger
Delta Sky Club
Member since May 2021
6614 posts
Posted on 1/20/23 at 2:58 pm to
I can't wait to see what the assessor hit me with, since we bought in the middle of the year. We're paying a guesstimation into escrow but may have to add some as well.
This post was edited on 1/20/23 at 2:59 pm
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