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:
Ah, how nice it is, to be in the city with the lowest property values. Quick, someone whip out some more incentives for apartments and minimum wage jobs! That’ll turn things around!
stat mailing ?
But I’m sure I’ll see yet another increase on my property tax bill….
The Hays Central Appraisal District Board is made up of officials from various taxing authorities. Does anyone believe they would let the tax base value decline? No way.
The District Executive Director is hired and fired by the Board so he (David Valle)will play ball with the board’s wishes.
If you believe the appraisal process if guided by law and by a fair and sound process then try to find out how the Appraisal District makes its calculations. I did through an open records request and got stonewalled. They don’t want anyone to know how they arrive at their valuations.
Property appraisal in Hays County is a flim flam. There was no uniform process for appraising properties across Hays County. In my area, the home value went down slightly but the land valuation went up more, producing a net increase. There were different effects in other parts of the County.
The Central Appraisal District is a tool of the taxing authorities and they all have budgets to protect. The Board has made it clear to the ED that he do whatever is necessary to protect their tax revenues.
That’s the way the game is played in Hays County.