2 ms·
Yeah but it seems you're then trying to paint that as a brush for all of Texas. Austin real estate values are stupid. You shouldn't spend that much to live in a
by vel0city 3y ago
Yeah but it seems you're then trying to paint that as a brush for all of Texas. Austin real estate values are stupid. You shouldn't spend that much to live in a house that small in Texas. It's like looking at a large house in actual downtown San Francisco and acting like that's the housing price for all of California.
I'm just trying to point out the majority of the state doesn't pay well over $20k in property taxes. Only very wealthy people do.
In 2021 the average single family home in Texas was like $260k. Values have gone way up, let's say $320k for example. Minus $40k for homestead, $280k assessed. Living in a city you're going to see like 2% property tax, so $5,600. So your $30-40k tax bill is probably six times the average tax of a house in Texas.
Six times the average tax bill.
See how that's just not a normal price most people actually pay?