Despite slightly depressed average home values across the county, total property value in Hays County increased 1.7 percent to $14.26 billion, according to preliminary numbers released today by the Hays Central Appraisal District.
In 2009, total value was $14 billion. The district will start mailing 78,410 appraisal notices on Friday. Property owners have until June 1 to appeal their appraisals at the district’s office, 21001 N. Interstate 35 in Kyle. For information, call (512) 268-2522.
A 13 percent increase in the value of vacant, platted tracts lead the way with the addition of 1,252 such properties added to the appraisal roles through new subdivisions and replats. Commercial and industrial property increased six percent, from $1.27 billion to $1.35 billion. Residential multi-family property increased 5.3 percent, from $510 million in 2009 to $537 million in 2010.
Average home values, meanwhile, decreased in ever jurisdiction except Wimberley ISD where they remained flat. The preliminary numbers are: