Great question. The property tax assessment is based on the value as of January 1 of the current year. Last year appraisal districts gave no consideration to the impact of COVID since … Read more

1.Requires the appraisal review board to schedule an informal hearing at least 5 days prior to the appraisal review board hearing, 2.Provides a mechanism for property owners to object if appraisal review … Read more

Most commercial property owners accept the appraisal review board value.  For example, in 2019, of 382,407 commercial accounts with an ARB hearing, only 16,033 (4.2%) elected to continue to pursue property tax … Read more

You qualify for an over-65 homestead exemption the day you or your spouse turn 65.  Other requirements are you must own the house and it must be your primary residence. Most issues … Read more

The maximum increase in a home’s taxable value (aka assessed value) is 10% annually, subject to a few limitations: The 10% cap for houses applies only to houses with a homestead exemption … Read more

The appraisal district uses a process called “mass appraisal” to value both houses and commercial property. Their valuation process is much different than the appraisal obtained by the bank for financing. The … Read more

Typical appeal Most tax appeals have a reasonable to good resolution.  Between the informal hearing and the appraisal review board, there are two opportunities for reasonable people to review evidence. Atypical Case … Read more

1) Purchase of commercial property in early 2021 for $1,000,000. The appraisal district has the property valued at $1,500,000. You missed the May 15 appeal deadline. Send the appraisal district a 25.25h … Read more

The short answer is no.  It appears the initial values and hearing results are based on business as normal. Early data from 2021 informal and commercial appraisal review board (ARB) hearings indicate … Read more

If O’Connor did your property tax hearing, call us at 713 290 9700, or call us if we did not do your hearing. Determine the type of hearing – Informal hearings can’t … Read more