Texas Property Taxes Protest 2024

In this Texas Property Taxes Protest video, I’m reviewing what you need to know if you want to protest your Texas Property Taxes.
GET THE PROPERTY TAX PROTEST GUIDE: texashometaxes.com/
Texas Homestead Exemption Form: comptroller.texas.gov/taxes/p...
More information on Texas Homestead Exemptions: comptroller.texas.gov/taxes/p...
Video Disclaimer: If you would like to protest your assessed value, you will need to follow the instructions on your notice from the appraisal district or go to your appraisal district’s website. I can’t guarantee any results from the information I'm providing you. I am not a property tax professional nor am I a licensed appraiser. I’m providing you with a consolidated source of information that has been curated from various websites, interviews, personal experiences, and feedback from other people who have protested and told me about their experiences. This is not legal advice and you should consult your appraisal district directly with any questions or requests for specific advice regarding your property.
Thinking of buying or selling a home?
You can reach out directly to get started:
EMAIL - [e-mail]
PHONE/TEXT - 214-803-4444
Or schedule an initial Zoom meeting: tidycal.com/crestedge/selling...
I’m based in Dallas-Fort Worth but have a nationwide reach to help home sellers and buyers connect with some of the best Realtors out there. I’ve developed a best-in-class screening process to help you do just that at absolutely no cost to you.
Wherever you’re located, our process ensures you get a dedicated team of experienced professionals. Agents who thrive on understanding the nuances of selling, from market analysis and pricing strategies to negotiations and closing the deal, along with staging and marketing expertise. This means you can rest assured that every detail is being meticulously considered and handled by experts.
Your next step is just to tell us a little about you at topagent.livingindallasfortworth.com.
Jennifer Shannon is a licensed real estate agent and broker associate with The Crestedge Group at Keller Williams.
Licensed in Texas since 2006. License no.0550951
www.TheCrestedgeGroup.com
Information in this video is subject to change. All information is deemed reliable but is not guaranteed.

[@livingindallasfortworth]

Here's a link to the property tax guide: heyzine.com/flip-book/df499a1188.html#page/1 Interested in buying or selling, let's talk! Click here to schedule a zoom video meeting with us! tidycal.com/crestedge/yt

[@diamond6256]

Great video. I am just sick and tired of fighting appeals to afford taxes and insurance on a home I have already paid for. Found out this year there are no comps in my subdivision to compare to. While Market value to sell is ok. I shouldn't be paying taxes on something I am NOT selling. Mine went up $118k this year. Not good on low income. I also hate that on the DCAD website total is estimated taxes instead of actual tax. So much for transparency.

[@ourbesteffort5970]

Property taxes in 2023 were crazy! Even with the homestead exemption, they are too high! Will definitely be protesting on my property this year. Great information!

[@ent1311]

Have some pride and stop being subsidized by cities and other states! Roads, infrastructure, healthcare, etc costs money!

[@derektempleton6261]

This old line is so tiresome… The thinking is, of course, that, because Roads, bridges and infrastructure cost money, we are prohibited from talking about the scope of the project, and whether the amount collected reflects what is genuinely needed for infrastructure. “It cost money so you should just pay it and, be thankful it’s not more.” Because we know our federal, state, and local governments are so good and efficient at using our tax dollars for capital improvement projects. BTW, there are plenty of cities in Texas (you know, the subject of the video) and their property taxes are plenty high. I’m not sure what you’re talking about as far as subsidizing is concerned.

[@livingindallasfortworth]

😳

[@ent1311]

​@@derektempleton6261 Look at the budget. Suburban and country locations are paying less then 30% of the upfront costs for their roads and other critical infrastructure - the rest is paid for by the federal and state government - which is funded primarily by cities! Hospitals are closing down or changing ownership to private equity firms. Water treatment plants now cutting corners. Pay for your own things! Or you'll lose them! Stop freeloading asking for handouts!

[@derektempleton6261]

I literally live in Dallas. Can I complain about how high the taxes are now?

[@mukymuk3]

You effectively can't protest unless your market value is less than assessed value. For me (and probably in general), this means that unless your appraisal is off by more than about 24% then you won't win a protest. To win, your home would need to have suffered significant damage of some kind--not simply an assessment "mistake". Taxes are theft. Property taxes are the worst kind of tax since they target unrealized gains effectively making all Texas home "owners" simply renters to the state. Property taxes are directly correlated with inflation but your wages are not. This leads to people getting taxed out of their home over time. But at least we get multimillion dollar stadiums for high-school football. Protest impotently if you like, but it's pointless for most people. The assessment figure is not the problem--the tax law is the problem.

[@CharlesLuevano]

You hit the nail on the head here! And people getting taxed out of their home over time … that triggers me 😤😢 #howdoweprotesttaxlaws?

[@OG_Beckie_Leigh]

@@CharlesLuevanoThis is exactly the situation I’m facing now.

[@jjtx4514]

Great video and very useful information! I'm a licensed real estate broker in Texas and a registered Property Tax Consultant but I feel it's harder and harder to protest property tax these years unless the property did suffer a big loss or being damaged. One of the difficulties we are facing right now is that the county's adjustments to the comps are sometimes non-sense... For example, the CAD adjusts big $ amount on very small sqft differences of patios, garage spaces, decks, etc. not to mention their time/market adjustment. Anyway, thanks for the information you provided!

[@livingindallasfortworth]

I appreciate the comments. It's a complicated process, for sure.

[@Miles-wy1zr]

So basically it’s pointless to protest if the total market value doesn’t go below assessed value? I protested and dropped it 63k this year but it’s still above my assessed value

[@livingindallasfortworth]

That would be something I suggest confirming with your appraisal district, but my understanding is that since you are taxed on the assessed value, not the market value, the way to get a lower assessed value would be to get the market value below the initial assessed value the county provided on your notice.

[@Miles-wy1zr]

@@livingindallasfortworth 🥴 in other words yes it’s pointless. Lol

[@myronglenn1816]

Thank you! information was "THOROUGH"

[@Mr_Hjoelee]

Well done. I’m a realtor in South Texas.

[@livingindallasfortworth]

Thank you!

[@marcusmoncada7586]

Wow, thank you so much looks like in my case the school district did recognize my homestead exemption 🤗

[@livingindallasfortworth]

That is great!

[@Rclsllh]

Very helpful thanks

[@livingindallasfortworth]

Glad it helped! Thank you!

[@kw9568]

These are reallt gopd tips! Thanks 😀

[@livingindallasfortworth]

Thank you!

[@waynebrissette9459]

I'm protesting my taxes now, had the informal hearing since my market value went up nearly 250K (despite me having my homestead exemption). Apparently the metal awning I put up for a carport, the metal shed for my mower, and metal building I put up for to use as my workshop is why according to the county my taxes went up. With a total cost of around 20K for the buildings, I have no idea how the county is coming up with an increase of nearly 10x what it cost for them. At the informal hearing the county said I was assessed correctly due to the new structures. It's going to be interesting to see how the formal hearing goes.

[@economicdevelopmentplannin8715]

Just run for office locally with a few similar friends and cut the property taxes. It's really that simple. Odds of success are higher than if trying to protest...

[@donbabcock6021]

I negotiated my payment terms when I bought my home, it should be illegal to change my payment every freaking year! Only if you sell or add on a building or something, other than that it should be fixed. I have a legal contract, taxes shouldn’t be subjective and variable to the whim of politicians who can’t balance a budget. We are the responsible ones here.

[@2015815]

Great video, Jennifer, thank you! Even better than last year's. Do you know of any case where DCAD actually gave a tax value reduction for "physical, functional, or economic obsolescence"?

[@livingindallasfortworth]

ha - thank you! I am not aware of that but I definitely think it would be worth trying!

[@Kelly-yx9tn]

Unfortunately, Blackrock has been screwing over everyone in every state.

[@nashganga8108]

All tihs is fine but what about the circuit breaker limitation that you did not touch upon at all.

[@livingindallasfortworth]

Hi there! I have no clue about that one! I've actually never heard of it, so am definitely in no position to speak on it.

[@Razkzid2034]

Great video very informative! I do have a question myself. We bought Oct 2022 and on 2023 filed for protest but didnt know much about protesting as a first time home buyer I didnt use my closing statement to bring the appraisal down to sales price. I still got a reduction but still far from sales price that year. This year can I use my closing docs and request to bring it closer to our sale price since last year I sort of over paid?

[@livingindallasfortworth]

I would bring it and explain that you weren't aware this could've been used as support in your last hearing. I'm not sure they'll use it but I always recommend people bring any evidence they possibly can. However, that closing statement is now for 2022 values. The appraisal district is looking for a value as of January 1, 2024. Where your 2022 closing statement might help is if you had been able to get your assessed value lowered to your purchase price for 2023, then your 10% cap would be lower this year.

[@phototec]

Great video, however your link to the PROPERTY TAX PROTEST GUIDE is NOT working. Can you provide a good working link? Thanks

[@livingindallasfortworth]

Sorry about that! Not sure why it isn't working. Here's the link to the flipbook: heyzine.com/flip-book/df499a1188.html

[@e8a284]

Does anyone know or have tried to use Texas tax code chapter 23 section 23.23(a) stating only 10% increase is allowed on a homestead

[@jimlee850]

…curious why the mayor and his sister’s property tax haven’t gone up in the last few years unlike everyone else’s…

[@SuchaCaligrrl]

This was very helpful, thank you. Question : My son bought a house 2 years ago, his taxes went through the roof (doubled), his mortgage increased by $800.00 a month 😳. He wants to protest them, but because of his job (he travels every day), he is afraid that he may not be in town for his appointment. May I show up on his behalf to protest his taxes? How would that work?

[@livingindallasfortworth]

You will have to ask your appraisal district what they will allow. I have another video coming out soon about mortgage increases on account of property taxes. It's a shock for a lot of people!

[@SuchaCaligrrl]

​@livingindallasfortworth Thank you, looking forward to it.

[@2015815]

I got a settlement offer, but if I go through with the protest hearing, any chance of the ARB actually increasing my final value back above my settlement offer? Thanks

[@livingindallasfortworth]

That is a question your local appraisal district will have to answer.

[@SusanMartinez-jn8de]

What about crime in your neighborhood? Could you use that as part of your protest write up as well?

[@livingindallasfortworth]

When I interviewed a local Chief Appraiser, that was not mentioned as a protest criterion but you should confirm with your local appraisal district since I am not an ad valorem property tax professional. Here's a link to that interview with the protesting suggestions towards the end: kzbin.info/www/bejne/rmiZnYeJr6lmjLssi=LUZ95TvgGxh3ZP5S

[@bigd2256]

The tax rate here in El Paso is 2.87% …taxes would be 10750 if I wasn’t tax exempt..that’s on a 338k value.. ridiculous

[@livingindallasfortworth]

Ouch! That's high. There are a few places in DFW that have high tax rates like that too!

[@ToniLocklear]

Is assessed value same as appraised value or appraised capped value

[@livingindallasfortworth]

Assessed value is the same as the appraised capped value and this is the amount you're getting taxed on. Appraised value is generally the same as market value for most taxing entities and it's the full market value for your property before any exemptions or increase caps are applied to your assessment.

[@jervez911]

So if you successfully protest, do they send the new rate to your mortgage lender to lower payments or how does that work?

[@livingindallasfortworth]

Your lender doesn't see anything until the tax bills go out in October. So if you successfully protest, that new value will be what the taxes are applied to.

[@jervez911]

@@livingindallasfortworth will they automatically adjust the rate? thank you for the reply!

[@livingindallasfortworth]

​@@jervez911 - If you protest and it is successful, the county will correct the value in their system automatically. This new value is what the tax rate will be applied to in the bill that goes out in October. That October bill is what your lender will see if you escrow. Lenders don't typically lower mortgage payments right away. They'd have to perform an escrow account audit to see if there's a surplus. You will need to contact your lender about their process to do that.

[@jervez911]

@@livingindallasfortworth thank you again for your reply and information

[@MattSchuster2565]

There should be a property tax protest in every state!

[@kcalderon03]

Is the appraised value the same as the assessed value?

[@livingindallasfortworth]

Not always. The appraised value is also called the market value of your home. That's the value the appraisal district has placed on your home based on market data. The assessed value is what you are getting taxed on. So if you have exemptions and/or an appraisal increase cap, then your assessed value would be less than your appraised value.

[@SuchaCaligrrl]

​@livingindallasfortworth 😳🤪... I'm looking at my tax notice, and the appraised value is different from the market value. What makes this all confusing is that you're using words that do not show up on the tax form notice so people are like "wait, where is the "assessed value". All we see are 2 line items: 1. Market Value and 2. Appraised Value. So to clarify the Appraised Value is the Assessed Value?

[@livingindallasfortworth]

@@SuchaCaligrrl The notice of appraised value looks different from each appraisal district. I'm wondering if your notice says appraised capped value - which would be your appraised value with your homestead cap factored in. You should verify with your local appraisal district since I am not an ad valorem tax professional.

[@unjustkatana]

I$raeli Tax season baby !!!