Property Taxes in Dallas
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”…
A Reader writes: Tiffany, DCCD reduced land values and increased improvements in the Park Cities last year because the builders are out of the market here so land values actually did go down. They lowered land but increased improvements so there was little if any net effect. Most people did not pay attention to DCAD…