logo-updated-012918
Property Tax Inquiries Call 713.290.9700

Tarrant County Property Tax Trends Website

Tarrant County Property Tax Trends documents that Tarrant County Appraisal District has experienced substantial growth in market value and number of parcels while limiting the budget increases. The market value of tax parcels has almost doubled from $129 billion in 2013 to $213 billion in 2018. The number of tax parcels has grown from 1.5 million to 1.8 million from 2014 to 2018. The budget has increased 20% over 7 years, a much more modest level of increase in budget than most appraisal districts. The site has details on number of tax protests, total market value, total taxes levied, value by type of property, number of judicial appeals, number of appraisal district staff, appraisal district budget and much more.

The market value of Tarrant County taxable property rose from $129 billion in 2014 to 213 billion in 2018. This is a 65% increase over 5 years; 13% per year. These large increases are part of the impetus for Senate Bill 2, which caps taxes for school at 2.5% and cities / counties at 3.5% per year for existing property, plus the value of new construction.

Property tax savings from protest hearings at Tarrant County Appraisal District (TAD) have increased sharply: from $41 million in 2013 versus $320 million in 2018. Commercial accounts were reduced $225 million in 2018 versus residential accounts for $95 million. There are more residential accounts protested but the commercial accounts have a higher value.

The number of tax protests in Tarrant Appraisal District has about doubled from 72,180 in 2014 to 148,070 in 2018. Tarrant County Appraisal District totaled 148,070 protests in 2018. This includes 112,920 residential and 35,150 commercial accounts. Residential accounts for 75% of the appeals but for 30% of the savings ($95 million out of $320 million in 2018).

Judicial appeals in Tarrant County have been increased sharply over the past six years. Judicial appeals rose from 572 in 2012 to 1,221 in 2018, a 135% increase in six years. Property tax savings in Tarrant County due to judicial appeals have been moderate to low given the size of the county. Most appeals are resolved administratively. Judicial appeal tax reduction were $20.7 million in 2012 to $21.5 million in 2018.

The Tarrant County Appraisal District budget rose from $19.8 million in 2012 to $23.7 million in 2018, a 20% increase over 7 years. This averages 2.8% annual increase in TAD budget, well below the increase in most appraisal district budgets.

The Tarrant County Appraisal Review Board increased from 65 from 2012 to 85 in 2018.

The number of appraisers has risen substantial; from 85 in 2013 to 119 in 2018. The number of appraisers increase by about half while the budget only rose twenty percent.

2020 property tax deadline is May 15th; deadlines to protest are not extended due to Covid-19.

Visit Tarrant County Property Tax Trends to learn more.

Your property taxes will be aggressively appealed every year by the #1 property tax firm in the country. If your taxes are not reduced you PAY NOTHING, and a portion of the tax savings is the only fee you pay when your taxes are reduced! Many FREE benefits come with enrollment.

Blog Author

Patrick O’Connor, MAI, Owner and President
Patrick O’Connor has been active in reducing property taxes, providing expert witness testimony and appraising commercial real estate property since 1983. Pat is active in publishing analyses and data with respect to the real estate market, while being a highly regarded media spokesperson for the real estate community. He holds a MAI, the highest achievable designation from the Appraisal Institute, and is a licensed senior property tax consultant. Pat earned a Master of Business Administration from Harvard University. In 2001, he authored the first definitive consumer guide to Texas property taxes, Cut Your Texas Property Taxes.

Property Tax Protection Program™

No cost to enroll

Recents

The Residential Property Protection Program™
is powered by O’Connor
  • Enter your information below and your documents and enrollment information will be emailed to you within one business day

  • Hidden
  • Hidden
  • Hidden
  • Call 713.290.9700 to discuss with a representative.

    Please monitor your E-mail and spam filter. If you don't receive your enrollment documents within 24 business hours, call 713.290.9700 8am - 5pm CST

  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • This field is for validation purposes and should be left unchanged.

When you submit your enrollment, you understand this is a risk free offer to you. If your taxes are not reduced you PAY NOTHING, and a portion of the tax savings is the only fee you pay when your taxes are reduced.

Property Tax Protection Program™

You pay nothing unless we reduce your property taxes, and then only a portion of the savings. There is no flat fee, no sign up fee and no setup fee. We protest your property taxes aggressively every year, and you only pay if and when we reduce your property taxes.

O’Connor is the largest property tax consulting firm in the U.S. Our licensed tax consultants and administrative support team benefits home and property owners by reducing property tax assessments, filing personal property renditions, reviewing tax statements, protesting over-assessed property values, and attending informal tax hearings and appraisal review board meetings.

 

We work tirelessly to protest and lower your taxes with:

  • Informal hearings
  • Appraisal Review Board (ARB) hearings
  • Coordinating judicial appeals

Property Tax Protection Program™ Benefits

  • No flat fees or upfront costs.  No cost ever unless your property taxes are reduced.
  • All practical efforts are made every year to reduce your property taxes.
  • Never miss another appeal deadline.
  • Property taxes protested for you annually.
  • You do not have to accept the appraisal district’s initial guesstimate of value.
  • We coordinate with you regarding building size / condition to avoid excess taxes.
  • Free support regarding homestead exemptions.
  • Some years are good – typically 6 to 7 out of 10 will result in tax reduction for you.
  • The other 3 to 4 years out of 10 we strike out. Most often due to people issues in the hearing process. Some years we get an easy appraiser at the informal; some years someone who is impossible to settle with.