re: 'Unprecedented': Property tax bills have reached double value for Texas homeowners

Yeah but no income tax and GOAT HS football stadiums

Ouch, never felt so weirdly happy to have a state tax.

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Is it that the residents themselves are not paying attention to what’s going on in their area and they’re oblivious to the increase? OR Is it that these increases are taking effect incredibly quickly leaving residents no time for secondary options and they’re forced to grit it out?

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Residents are definitely being caught off guard due to the increases being so big. I got super fricking lucky this year and didn't receive an updated tax assessment from my county.

My neighbors on the other hand got fricking hosed on their initial assessment. Thankfully they appealed and the county came back with a more reasonable number.

A great reason for boomers to retire in Texas is property taxes are fixed at age 65 for your primary residence. The above 8 pages of grief apply to the kids

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Imo the only way it should work is that day you bought your home for $200k, you only ever pay taxes on your homes value at 200k adjusted for inflation. So if it say becomes worth 900k 15 years later, you only pay taxes on the 200k value adjusted slightly in todays dollars. So like 250k or something of that nature.

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Here’s your problem, let’s say people in your county or whatever live there long enough. Y’all will be paying 1995 property taxes for 2022 services and infrastructure. That’s not sustainable. That’s why appraisals have to gradually meet the market

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ere’s your problem, let’s say people in your county or whatever live there long enough. Y’all will be paying 1995 property taxes for 2022 services and infrastructure. That’s not sustainable. That’s why appraisals have to gradually meet the market

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Why is it not sustainable if the increase is pegged to inflation? Shouldn’t cost of services also increase by a similar amount?

Unless there is a sale, the assessed value of a home cannot increase by more than 10% annually in Texas. That’s per statute. I would be appealing any raise greater than 10 percent.

It’s embarrassing that you even found that graphic much less posted it

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Unless there is a sale, the assessed value of a home cannot increase by more than 10% annually in Texas. That’s per statute. I would be appealing any raise greater than 10 percent.

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The property that went up to $382,000 isn’t under homestead exemption/10% limit and what went up was its land market value. Improvements stayed the same. Its almost 4.8 acres of land on Trinity Bay and a side on an inlet into Smith Point. Have no clue what value that is. The ChambersCAD website is now listing it $0 as it’s taxable amount right now. A similar size property next to is under $15,000. The larger property directly across the inlet with a regular house had its land value go from $14,000 to almost $200,000, but it also currently lists it’s tax value as $0 right now. The county process and website are different than what I am used to, but both are probably under appeal and awaiting hearing or it’s decision. Instead of listing amounts as unavailable during process on website they list them as $0. But who knows there are a bunch of different exemptions down there and if over 65 that exemption wouldn’t show on public records.