Houston’s 2020 Housing Market and Impact on Texas Property Taxes
Overview 2020 Market Report – Houston, Harris County According to the Houston Association of Realtors’ Annual Market Report, 2020 was an exceptional year for the real estate market. According to all the trends – properties sold, total home values and average sale values, the housing market thrived in 2020. Despite the devastating effects of COVID-19 […]
What is the 10% Capped Value Work?
Capped Property Values In Texas, there are a few property tax exemptions you can file for to limit how much your Texas property taxes can increase per year. This article will focus on one exemption, the Homestead exemption, which provides a residential property own a capped value on property tax increases year over year. What […]
Austin’s 2020 Housing Market and Impact on Property Taxes
The Austin-Round Rock MSA housing market broke demand records in 2020 and experienced an exceptional year for the number of properties sold and total dollar volume. Average and median home values also set records. The median home value for the full year rose 9.2% to $344,000. It was an all-time record according to the Austin […]
How Not to Do It Yourself
Many property owners file their own protest rather than use an agent. How does that work out?According to one chief appraiser, about 50% of self filers never show up for the hearing. Others appear but without convincing evidence. Still others appear with what they think is relevant evidence only to find that it’s not persuasive. […]
Harris County Property Taxes: Everything You Need To Know
If you are a homeowner in Harris County, Texas, it’s essential that you know how your annual property taxes are determined. Too many people overpay their property taxes because they don’t understand where the number comes from and how to get their tax bill reduced. By learning how Houston property tax is calculated, you can […]
Your Ultimate Guide to the Travis Central Appraisal District
When you own real estate in Travis County, Texas, the Travis Central Appraisal District is the entity responsible for determining the market value of your home for the purposes of property taxes. But how exactly does this process work? This guide will explain what you should know to navigate property tax appraisals and protests in […]
How To Claim Your Homestead Exemption
If you haven’t claimed your homestead exemption – even if you only recently acquired the property — you are overpaying on your property taxes. This exemption reduces your property taxes by decreasing the taxable – but not the market — value of your owner-occupied home. There is one form to be used to file for […]
What Impacts a Texas Home Appraisal?
A home appraisal is an estimate of the value of a particular property. Appraisal values can impact numerous aspects of their owners’ lives and finances, including equity, the cost of homeowner’s insurance, and property taxes. For this reason, it’s essential to know which factors appraisers consider when valuing a home. This blog post will explore […]
How To Reduce Your Property Taxes
In Texas, two essential factors contribute to your property tax bill: the appraisal value of your home and the tax rates set by the local taxing units. Since you can’t do anything to reduce the tax rates, the key to lowering your property taxes is to get the appraisal value of your home reduced. Fortunately, […]
How Do Texas Property Taxes Work?
Paying property taxes is an integral part of owning a home in Texas. But how exactly do property taxes work? There is no state property tax in Texas, so property taxes are only administered at the local level. Therefore, the state government is not involved in setting property rates or collect taxes from property owners. […]
