The Texas capital and tech hub commands the state's highest median home prices, driven by a decade of corporate relocations and population growth. Travis County's effective property tax rate makes the true monthly payment significantly above the principal and interest alone.
Recommended for incomes above $170k/yr (28% DTI rule)
Austin housing market
The 1.97% property tax rate reflects the county-level effective rate for Austin and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Texas average — county-level data produces more accurate monthly payment estimates for Austin buyers. Many Austin properties also carry HOA fees — the area average is approximately $200/month, which is not included in the calculator above.
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