The Texas Tax Code requires every local school district to provide a general homestead exemption of $40,000. Other taxing units, like county and city governments, may optionally provide their own exemptions. These optional exemptions must be between a minimum of $5,000 and a maximum of 20% of the home's assessed value.
Tax Jurisdiction2024 Tax Rate2021 Tax Rate Travis County 0.344445 0.357365 Travis County Healthcare District 0.107969 0.111814 City/Village City of Austin 0.477600 0.54100085 more rows