Property Tax Deferral

EFFECTS OF SENIOR / DISABLED TAX DEFERRALS PERMITTED UNDER TEXAS LAW

Defer all taxes Defer half of taxes Freeze taxes at current amount

30-year Property Tax Deferral projections for full deferral (every 5^th year shown)
3% assessment-growth trend, overall tax rate $2.5 per $100

Tax
Year Projected
Value Taxes
Paid Taxes
Deferred Deferred
Interest Cumulative
Deferrals Residual as % of
projected 2008 APR

2008 ^$160,000 ^$2,490 ^$0 ^$0 ^$0 100% 100%

2013 ^$185,484 ^$0 ^$3,295 ^$1,213 ^$17,484 91% 105% 7.44%

2018 ^$215,027 ^$0 ^$4,033 ^$2,704 ^$45,056 79% 106% 6.70%

2023 ^$249,275 ^$0 ^$4,889 ^$4,519 ^$84,753 66% 103% 6.15%

2028 ^$288,978 ^$0 ^$5,882 ^$6,708 ^$138,932 52% 94% 5.70%

2033 ^$335,004 ^$0 ^$7,033 ^$9,332 ^$210,329 37% 78% 5.33%

2038 ^$388,362 ^$0 ^$8,367 ^$12,459 ^$302,112 22% 54% 5.02%

Adjust parameters below to explore different projection assumptions:

Current appraised value of homestead (or enter here )
$80,000 $120,000 $160,000$200,000 $300,000 $400,000 $500,000

Projected average annual change in appraised value for this homestead
-2% -1% 0% +1% +2% +3% +4% +5% +6%+7%+8% +9% +10%

Projected average property tax rate per $100 of taxable value
$2.00$2.10$2.20 $2.30 $2.40 $2.50 $2.60 $2.70 $2.80 $2.90 $3.00

Years to list: 10 20 30 40 50 List spacing: 1 3 5 10

Values are computed using exemption rules for Austin ISD, the City of Austin, Travis County, and ACC.
These are comparatively generous, so the computation may slightly understate taxes in other jurisdictions.

Applications for tax deferral should be directed to your local appraisal district (e.g., Travis)
Tax deferrals accumulate 8% simple interest and fall due when the property is sold or bequeathed.

This information was developed by Hunter Ellinger, who welcomes suggestions for correction or clarification.