I did not make a typo.
For every 100 sq ft., we pay $1000 in property tax.
I have posted countless times on this. We used to pay about 2 weeks of income for taxes (that’s out in the country, no city taxes) but today we’re paying over 3 months of income. It’s a nothing exciting old house, 3 bd/2 b and no repairs have been done in years because every dime goes to taxes. The next door neighbor can’t retire and his wife delayed her retirement in order to stay in their late sixties wood frame house. At one time exactly half the houses on our street were up for sale due to the taxes. Most were bought up by Austinites for vacation homes which have raise our appraisals to stupid high prices. Most houses here started out as country retirement cabins but investors come in and add on which doesn’t help us life long residents. This was my family’s home and was supposed to be our retirement home. So much for that dream.
Yep, and its not just Austin. Williamson County property taxes are high and getting higher.
Oh my!!!!! I’m really sorry to hear how expensive this is! Really makes no sense to charge such high taxes. I thought my property tax here in California was steep!!!