An increase in commercial property valuations in Travis County will compensate for a slight drop in the value of single-family homes in the county that includes Austin, according to the latest figures from the Travis Central Appraisal District. Tax notices were mailed to property owners last week.

Chief appraiser Patrick Brown said the value of commercial property — including apartments, retail businesses, and office buildings — rose 1.8% from 2009 to $23 million. The value of residential properties fell 1.6% to $68 billion.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.