Dallas Central Appraisal District
The Dallas Central Appraisal District and I have very different opinions on what is considered “desirable,” it seems. Last year I began to notice a change in how DCAD valued certain multi-family and high-rise condo properties. Specifically, I noticed that The Warrington units of the same floor plan and judged as being in the same…
How could it be that in Dallas neighborhoods booming with redevelopment, that multifamily properties and investment properties haven’t seen any increases in their appraisals? Last week, I wrote an update on the DCAD valuations for properties that are part of a block on Lemmon Avenue that was to have been the site of a Central…
When we “feel like just a number,” we’re really just reflecting our uniqueness being ignored. We’ve long known we’re just a number to taxing bodies like DCAD … albeit one with a dollar sign in front. But recently, I’ve found we’re a percentage, too. In valuing property, DCAD calculates the total market value based on…
Last weekend, the National Association of Real Estate Editors (NAREE) awarded this series discussing state and local property taxes “Bronze” in their Best Series category. While originally published in May 2016, a year later nothing has alleviated our property tax increases. Several weeks ago I wrote a pair of columns (here and here) about how the core…
Several weeks ago I wrote a pair of columns (here and here) about how the core math of Texas property taxes is fundamentally broken (and always has been). While, A+B=C, if “A” is patently wrong, how can “B” and “C” be accurate? In this case, “A” is assessed property value, “B” is property tax rate and “C”…
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