GraysonCounty Tax Appraisal – 2021
Grayson Central Appraisal District's 2021 budget was $5 million, 67% up from $3 million in 2013. The Grayson CAD budget is $48 per tax parcel.
How Good Can a $48 Value Be?The appraisal district budgets are substantial, but the attention to the typical property is minimal. Appraisal districts use mass appraisal computer models, but there are errors in the data and the model. These errors provide opportunity for property owners. Grayson County owners protest about 14% of the total market value of accounts valued by Grayson Central Appraisal District. However, protests are skewed to multifamily and commercial with relatively few home owners appealing. Fully 79% of multifamily owners and 42% of commercial owners protested the "estimated mass appraisal value" from Grayson Central Appraisal District in 2021. However, only 7% of home owners appealed in 2021. Level the playing field by enrolling in the Property Tax Protection Program. No upfront costs or flat fees. Pay only if you save.
Grayson County Appraisal District Property Tax Budget Summary
| Total Budget | $5,154,780 |
| Budget Not Spent | NA |
| Total Property Taxes all Entities | $270,234,059 |
| CAD Budget as % of Property Taxes | 2% |
| Budget for Legal Counsel, Training and Other Expenses | $60,000 |