logo-updated-012918
Property Tax Inquiries Call 713.290.9700

Texas Property Tax Trends

https://texaspropertytaxtrends.com/ documents the massive growth in property tax reductions effected by tax consultants and property owners in Texas. Total property tax assessment reductions rose from $55.9 billion in 2012 to $126.5 billion in 2018, a 126% increase in six years. Appraisal districts have become more and more aggressive with their tax values, causing the volume of appeals to increase at all levels. For example, total property tax protests rose from 1.2 million in 2014 to 1.8 million in 2018, a 50% increase.

Assessment reductions for all three types of appeals have increased. This includes informal hearings ($56 to 127 billion), formal hearing / ARB (from $18 billion to 47.6 billion) and judicial (from $8 billion to 22 billion). ARB hearings increased the most on a percentage basis, a 152% increase.

Texas law requires you file a property tax protest to obtain the appraisal district’s evidence file. Upon request, they are required to provide it to you free of cost, and by U.S. Mail if requested.

Just 2,222 appraisers value all the real estate in taxes for property taxes! That includes property inspections and valuation models. That works out to $1.5 billion of property valued per appraiser employed at Texas appraisal districts ($3.49 trillion / 2,222)

Reduction from Property Tax Appeals / Consultants

Counties with the largest assessment reduction from protests include:

Harris $20.8 billion
Dallas 17.5    https://dallascountypropertytaxtrends.com/
Travis 9.1      https://traviscountypropertytaxtrends.com
Tarrant 8.8   https://tarrantcountypropertytaxtrends.com/
Collin 6.1       https://collincountypropertytaxtrends.com/

Despite Coronavirus, the Texas property tax deadline is May 15th.

How well do you think each appraiser can value $1.5 billion in real estate?

Protest for 2020 now. The deadline is around the corner.

Protest annually, like changing the oil in your car or the HVAC checkup. Like an untended garden, property taxes grow out of control without attention.

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