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Mclennan county Tax Values change for 2009. What city actually went down?

By
Real Estate Agent with Century 21 Randall Morris and Associates, Waco

Headline in the Waco Tribune Herald newspaper Wednesday June 10th "Home value rise surprises owners'. While it was not a surprise that taxes went up, it was a surprise how much. The man featured in the picture accompanying the story said his valuation went up $25,000! Which makes me feel lucky. Mine only went up a couple thousand.

The average homeowner saw a rise of 3.3 %, up from $111,808 in 2008 to $115,547 for 2009. The county's total tax base went up by 6.9%. But some suburbs of Waco saw a rise of 7 to 9 %.  

One of the more desired ares of town, China Spring, actually went down. See the chart below.

                  Avg home value       Avg home value      %           08 Tax`value         09Tax                 %

                           2008                  2009              Change                                                       Change

Bellmead           $58,096             $59,939             3.17          $309068.,414        $337,988,961      9.36

Hewitt                $129,648           $134,593           3.81          $585,100.002        $608,228,538     3.95

Lacy-Lakeview     $80,339           $83,812               4.32         $248,625,989         $267,943,342     7.77

Robinson          $118,465           $124,954             5.48          $500,417,509         $539,887,567    7.29

Waco               $108,840            $109,447             .56           $6,009,289,503      $6,402,836,738   6.55

Woodway          $177,253          $189,129            6.70           $773,716,936           $831,893,414    7.52

China Spring ISD   $161,650        $159,205         -1.51           $509,585,886           $539,556,476    5.88

Waco  ISD          $89,547             $89,969             .47           $4,000,616,151     $4,246,363,563    6.14

Midway ISD        $165,882           $171,504            4.65          $3,244,088,980      $3,510,264,731  8.20 

Mclennan County $111,808          $$115,547           3.34        $10,155,281,829     $10,854,284,936  6.88

Wendy Montoya, REALTORĀ® Broker Associate, 254-315-4906
Towne Adams REALTORS - Waco, TX

Ann, just figures that my house in CS went up! :)  Taxes seem to have many people in an uproar according to what the news is saying. I can see why they might be shocked when they experience huge changes like that, especially with the economy the way it is.

Jun 12, 2009 07:31 AM