Hays Central Appraisal District will begin mailing out more than 97,000 appraisal notices Wednesday, April 8. The deadline to file an appeal with the Appraisal Review Board is May 15. The district lobby is currently closed to the public. Property owners can file a protest at www.hayscad.com using the Online Appeal tab, by email sent to email@example.com or in-person in the drop box at the Hays Central Appraisal District office, located at 21001 N. IH 35, Kyle.
Hays County’s overall preliminary Jan. 1, 2020 market value rose to a little more than $34.45 billion this year, up more than 17 percent from $29.37 billion in 2019. Commercial and industrial property increased in value by more than 33 percent, up from $2.8 billion in 2019 to $3.73 billion this year.
Vacant lots/tracts saw the biggest increase in value by more than 57 percent from $662.55 million to $1.04 billion followed by residential multifamily property with an increase in value by 37.37 percent, from $1.98 billion to $2.72 billion this year. These increases were due to strong demand for residential and commercial sites, multi-family housing and completion of new construction.
Hays County added 2,786 new homes and 127 new commercial buildings to the appraisal roll for 2020. Total new improvements added more than $1.04 billion to the taxable value for 2020. Across Hays County, the average market value of homes increased by 7.9% from $262,812 to $283,623.
The 2019 and 2020 average market and taxable values (market minus exemptions) for homes in Hays County taxing units are as shown.
How this year’s appraisals affect Hays County homeowners’ tax bills remains to be seen. The county, cities, school districts and other taxing units will use the appraisal district’s values to set 2020 property tax rates and
determine the amount of taxes property owners will owe. Last year Hays CAD received just under 22,000 protests.