Property Taxes
North Texas residents who purchased a home in the past few years have likely experienced a fair amount of sticker shock when it comes to their property tax bill. As home prices have increased in response to record demand and low inventory, so have property taxes. In a study produced by ConstructionCoverage.com, data shows that…
At Governor Greg Abbott’s swearing in for his third term, the animated inauguration speech he delivered emphasized Texas’s economic prowess, promising to put our $33.7 billion budget surplus to work toward the Lone Star State’s continued growth. Perhaps the most significant proposal in his speech was a promise to provide the largest property tax cut…
The Texas Real Estate Research Center announced that Dr. Lynn Krebs has joined the staff of the TRERC, specializing in rural land and property taxes. This announcement is a homecoming for Krebs, who began his career as a graduate assistant at the TRERC in 1992 while attending Texas A&M University — the location of the…
Dallas administrators reviewed Tuesday the city’s $4.51 billion proposed budget for the 2023-24 fiscal year. The figure is based on a property tax rate of 74.58 cents per $100 assessed valuation, a reduction of about 2.75 cents from last year’s rate. City Manager T.C. Broadnax said the proposed tax rate reduction represents the largest decrease…
Property taxes are one of the largest expenses homeowners face, and some Dallas County residents say rising appraisals are going to make their tax bills unbearable. As property valuations go up, so do the corresponding tax bills, leading more than 201,000 Dallas residents to file protests this year arguing that, for example, the appraised value…
