Hays County property taxpayers face a May 18 deadline to file valuation protests with HCAD. (Courtesy of Fotolia)
On April 20, the Hays Central Appraisal District released preliminary property values as of April 18, showing a 53.27% increase in overall property values in Hays County compared to 2021, according to a district report.
County-wide home market values increased 44.53% from $312,248 in 2021 to $451,296. The change in taxable property value over the same period was larger, increasing 47.84% from $292,016 in 2021 to $431,709.
According to the report, the values of commercial and industrial real estate increased by 40.86% and residential properties with multi-family houses increased by 47.2%.
Nearly 4,000 new homes and 27 new commercial properties have been added to the valuation lists for 2022, according to HCAD. New improvements to existing properties have added more than $2.21 billion to the taxable property value for 2022.
Because the district sent out appraisal notices for April 18, owners who wish to appeal their appraised values have until May 18 to appeal.
San Marcos residents will automatically apply new increases to the homestead exemptions approved by the San Marcos City Council in January, according to the assessment district this year.
To appeal, residents can submit email protests[email protected] or submit online at www.hayscad.com. Appeals may also be submitted by mail to Hays Central Appraisal District, 21001 N. I-35, Kyle, TX 78640.