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smokebomb

Certifiably Surly
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Posts posted by smokebomb

  1. On 3/29/2018 at 10:29 PM, SW Horn said:

    New homeowner here. How does the Homestead exemption factor in this? Thought it capped appraisal increases at 10%. 

    Like Bluto said, the first year after you buy, they will re-adjust the value and they usually do this by looking up how big of a mortgage you took out on the property. If that isn't available, they look at comps in the area.

    But the 10% Homestead exemption is just the cap of how much you have to pay in taxes each year, not the appraised value. So if they raise your appraised value 20%, your first year's tax payment will be capped at 10% over your previous year's taxes. The kicker is that in the 2nd year, the 10% cap only covers the previous year, so you tax bill will again increase to finish covering the 20% appraised value. And that is assuming they don't re-adjust the appraised value the 2nd year, which is a poor assumption. 

  2. On 3/29/2018 at 2:39 PM, Armybrat said:

    There was also a horse race track in Hyde Park.  Take a close look at E. 39th Street - it is curved because that is where the south end of the race track was located. The street just followed the curve after the track was done away with and the land plotted or more new homes.

    . I bet most residents in that area aren't aware of it at all.

    https://www.google.com/maps/place/Hyde+Park,+Austin,+TX/@30.300728,-97.7312494,322m/data=!3m1!1e3!4m5!3m4!1s0x8644ca710dd9e5b5:0x526d78512aa5b73c!8m2!3d30.305177!4d-97.731512

    Later on they ha auto races on the track:

    PICA25622lg.jpg

    Hence the road named “Speedway” as it was how one got to the racetrack  

     

    On 3/29/2018 at 1:51 PM, bolverk said:

    All the really old B&W photos show a pretty fucking barren landscape. Was that because of the prevalence of (over) grazing at the time?

    That and the clear cutting of any trees. Interesting fact: Some say the lack of grass plus the ability to better manage wild fires lead to the explosion of cedar/juniper trees in central Texas. My understanding is that although cedar/juniper is native, it wasn’t nearly as prevalent around Austin until after the area was settled. 

  3. Serious question - what do you do if you believe TCAD made a serious mistake in their appraisal? I live in Clarksville and everyone’s appraisals went up 50% in our condo group. The last comp we have was from December 2016 and it was inline with last year’s appraisals. Do we all have to go through the protest process?

    If I felt I could get the new appraised value, I’d sell tomorrow. 

  4. Wulaw Horn said it best to start the original thread:

    Quote

    Fire Shaka Smart

    He's not the guy. He's worse than Barnes. He's not taking a step forward for us. I'm sure it won't be done this year and we will have another year of traveshamockery to deal with. I'm clearly one of about 38 alums that cares about hoops as much as football so that ambivalence buys him some time to fail in mediocrity but he's just not the guy. 
    And I was completely on board with the hire and just stunned at how overmatched he is. We are shit on a stick and we have no path forward under him. 
    Fuck it's depressing to be a UT fan right now. 
    I wasn't ready to go there last week when I asked why his seat wasn't hotter. Losing to TCU at home and then losing our best player is enough data points for me to say, it isn't happening and won't ever happen.

    Very sad to see that that over a year later, the above is still very much true.

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