Waco Property Tax Reduction
Waco is more than an important city; it acts as a main hub for countless surrounding rural towns and counties. Waco is a lifeline for many communities that need hospitals, stores, and other urban services. Acting as the big city has made Waco an important fixture not just for McLennan County, but for people from hundreds of miles around. Thanks to Waco’s success, property values across McLennan County have more than doubled in the past decade, as the demand for homes and businesses has increased. This has also led to increased appraisals thanks to the McLennan Central Appraisal District (MCAD). To counter this, both businesses and homeowners have used many measures to secure reductions in their taxes.
1 Search for your Property
Start the process to reduce your property taxes by entering your property address below and searching as step
Yes, O’Connor can help you reduce your property taxes
- Yes – there is NEVER a fee unless we reduce your property taxes
- Simple on-line enrollment in just 2 or 3 minutes
- We do all the work and you just share in the savings. We file the protest and attend the hearing. No flat fee; just pay half of first year property tax savings
- Personalized concierge service site visits
- O’Connor saved clients over $213 million in 2025!
2 Enroll for property tax savings
Potential Tax Savings For Your Property
May be over-assessed by
8.65% *
Potential Tax Savings
$764 *
Have Additional Properties?
Benefits of O’Connor :
- Simple, online enrollment in just minutes, or call us at 713.290.9700 if you prefer.
- No fees ever unless we reduce your property taxes, not even a nickel. We promise.
- Aggressive property tax consultants with hundreds of years collective experience. We understand the people and process to negotiate lower property taxes for you. Our interests are properly aligned. We never, ever get paid unless you reduce your property taxes.
Benefits of O’Connor :
- Simple, online enrollment in just minutes, or call us at 713.290.9700 if you prefer.
- No fees ever unless we reduce your property taxes, not even a nickel. We promise.
- Aggressive property tax consultants with hundreds of years collective experience. We understand the people and process to negotiate lower property taxes for you. Our interests are properly aligned. We never, ever get paid unless you reduce your property taxes.
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How Waco Homeowners Can Lower Property Taxes
While there has been a sudden influx of new residents in the past few decades, Austin is also a historic city that has possessed a unique culture that has shaped Texas. This means there is stress for both those trying to buy homes for the first time and longtime residents who are trying to deal with rising costs to stay in the homes they have owned for decades. The stress on both ends of the spectrum has made Austin one of the primary crucibles for property tax reduction in Texas, and residents have been some of the most aggressive in the state when it comes to practicing those rights.
Exemptions:
Every Texan knows the importance of the homestead exemption, but that is far from the only option. Homeowners who are over 65 or those with disabilities have exemptions of their own, which can be combined with the homestead exemption for massive savings. The homestead exemption alone reduces $140,000 in taxable value for school taxes, but an additional qualifying exemption can push this to $200,000.
Property Tax Appeals:
These appeals allow homeowners the opportunity to challenge their property values, potentially lowering taxes. Every Texan has a right to protest their values under the Constitution, yet few actually do. This is becoming more commonplace, however, and more Texans are taking the plunge every year, saving billions of dollars.
Property Tax Protests Protect Homes and Investments
Waco is a no-nonsense city filled with hard-working people. Many can ill afford to face rising taxes if they plan on staying in their homes. Appeals enable homeowners to stand up to MCAD by fixing errors, settling unfair appraisals, and challenging overassessment. While homeowners cannot protest simply because their taxes are too high, they can challenge and win if the appraisal district has set their values too high. Also, every Texan has the right to an equal appraisal with their neighbors, as long as their properties share the same characteristics. Homeowners saved over $22 billion in value in 2025 thanks to appeals.
Vital Property Tax Deadlines in AustinDeadline for filing any exemptions: April 30
Final day to submit an appeal against TCAD: May 15
Businesses Can Also Reduce Taxes
The values and tax levies against businesses keep increasing every year. Some of this is thanks to a booming Texas economy, but there is still plenty of room for MCAD to increase values above what they actually are. With wrinkles like profit-and-loss and business personal property (BPP) complicating things, determining what the actual worth of a business is can be tricky. Businesses have been granted numerous protections, especially in the last few years, and have many options to protect their bottom line, which can also give them an edge on the competition.
Commercial Property Tax Appeals:
Appeals for businesses work the same as they do for homes, and can lead to significant savings. Due to how high Texas property taxes are, most businesses appeal annually to cut costs. There is no risk to protesting, and with the improved BPP exemption, there has never been more to gain.
Business Personal Property Renditions and Exemptions:
The BPP exemption used to be a paltry $2,500. However, this was increased to $125,000 in 2025, allowing businesses to use their tangible property to shield themselves from appraisals. To qualify, a business must file its BPP rendition by April 15.
Cost Segregation:
Federal income taxes are just as big of a threat to businesses as property taxes are. Thanks to a 2025 overhaul, businesses can now use the full 100% bonus depreciation to lower or eliminate federal income taxes. Backed fully by the IRS, cost segregation is one of the best ways that a business can increase its cash flow.
O’Connor Helps in All Aspects of Property Tax
If you own a home or business in Waco, there are many ways to secure a reduction on your taxes. While some are simple, many require an expert by your side to get the best result possible. We at O’Connor have been helping Texans fight the appraisal district for over 50 years. Founded in Houston, we have branch offices all across Texas, including Waco. As one of the largest property tax consulting firmss in the nation, we combine national resources with local knowledge for the perfect one-two punch.
Every person who signs up with us gets a client success consultant. This person will act as your main point of contact, giving you a reliable and accountable person who knows you and your case. Many firms rely on AI or random customer service agents, but we ensure you are always taken care of with a personal touch. We also offer concierge visits, where one of our team members will come out to your home or business, to identify issues that might affect your appeal. We provide free homestead exemption assistance as well. There is no cost to sign up, and you will only be charged a portion of your savings if we are able to lower your taxes.
