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Updated over 3 years ago on . Most recent reply

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8
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3
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Sujith C.
  • Austin, TX
3
Votes |
8
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Rents vs increase in property taxes -Austin metro

Sujith C.
  • Austin, TX
Posted

Hi,

With Williamson county appraisal for 2022, my rental property tax due increased by 35%!!! I already raised the rents by 16% last year and now this.

Would you think rents will grow to catchup with property tax increases? I am afraid that people would stay away if I increase the rent by 35% and would be difficult to rent it out. If I do not increase, I would be under the water. Suggestions/thoughts?

Thanks

S

Most Popular Reply

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1,236
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1,026
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Aaron Gordy
  • Real Estate Broker
  • Austin, TX
1,026
Votes |
1,236
Posts
Aaron Gordy
  • Real Estate Broker
  • Austin, TX
Replied

@Sujith C. Are you protesting your taxes? Its a regular thing for us. You will be surprised at the results, usually. 

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