Taxes
Sales and Use Tax Information
The breakdown of Sales and use tax is as follows:
- 6.25% State of Texas
- 0.25% Lake Travis Community Library District
- 1.75% City of Lakeway
1.00% for operations
0.50% for reductions of property taxes
0.25% for maintenance and repair of City streets
For more information, please visit the Texas Comptroller of Public Accounts.
Property Tax Information
Rates in effect for Fiscal Year 2023:
The City of Lakeway property tax rate is $0.1290 per $100 assessed value - $0.0960 Maintenance and Operations and $0.0319 Debt Service.
For more information on budget and tax rates visit the "Budget and Tax Rate" page.
Appraisals:
Property appraisals are assessed through the Travis Central Appraisal District.
For questions regarding your appraisal please contact:Travis County Tax Office5501 Airport BlvdAustin, TX 78751Phone: 512-854-9473Email: [email protected]
Billing and Collections:
The Travis County Tax Assessor-Collector collects the City’s property taxes. Taxes are billed in October of each year and are due upon receipt of the statement. By State Law, on January 1, a tax lien is automatically placed on the property to ensure taxes are paid. On February 1, penalties and interest begin to accrue.
For questions regarding your property tax bill please contact:Travis County Tax Office5501 Airport Blvd.Austin, TX 78751Phone: 512-854-9473Email: [email protected]