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Home values jump 11 percent in Travis CountyHome values jump 11 percent in Travis Countyhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=11552015-04-29T11:34:00Z2015-04-29T00:00:00Z

TRAVIS COUNTY - Home values in Travis County jumped by an average of 11 percent for 2015.

According to the Travis Central Appraisal District, the average market value for homes with a homestead exemption rose to $355,312 from $320,032 last year.

The average taxable residential value — the market value of homes minus exemptions — rose about 9 percent, to $262,462 from $240,139 last year.

In 2014, the market and taxable home values in Travis County had risen 12.6 percent and 8 percent, respectively.

On the commercial side, values increased by 35 percent, propelled by more than $2 billion in new construction along with rising rents and occupancies in the region’s robust apartment and office markets.

Travis Taxable Values By School District
  Avg. Taxable
Home Value
2015* 2014
Austin ISD $307,194   $278,271
Del Valle ISD $96,396  $87,509
Eanes ISD  $790,113 $725,298
Elgin ISD $109,868 $99,143
Lago Vista ISD $334,020  $311,093
Lake Travis ISD $334,020  $311,093
Leander ISD $413,223  $379,977
Manor ISD $131,847 $119,694
Marble Falls ISD $394,309  $389,740
Pflugerville ISD $170,733  $154,773
Round Rock ISD $313,026  $284,542
Travis County $262,462 $240,139

*Values for 2015 are preliminary.

Source: Travis Central Appraisal District

Austin American-Statesman
Austin-Round Rock
Economy
http://www.mystatesman.com/news/business/travis-county-home-values-jump-11-percent/nk5L5/#3d686cf4.3380261.735717Read more at {Source}

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