July 18, 2022
Texas Tax Protest Nears 200,000 Over Appraisals
The Dallas Central Appraisal District has received 176,337 protests for residential and business properties. The deadline for the Texas tax protest was May 15th, but mail was still being processed, so the number of protests from home appraisals nears 200,000.
According to Cheryl Jordan, the office received 178,358 grievances in 2020. This is higher than the 147,665 protests during last year. The number of protest in Collin County have risen 16% when comparing it to last year. As of Thursday, the Collin Central Appraisal District had received 92,265 protests with the highest increase in protests coming from area cities like McKinney, Plano and Allen.
Chandler Crouch of Dallas Realtor said that around 90% of people who protested their appraisals were successful. Crouch said individuals are often hesitant to protest their property tax appeal because they fear they’ll be on some type of list that will hurt their property value or that this might trigger a blacklist. He ensured me that this will not happen as there are laws in place to prevent this. This is why local governments expect appeals.
The Texas real estate market is booming along with Texas tax protest rates. Alvin Lankford, president of the Texas Association of Appraisal Districts, specifically noted that this boom will lead to an increase in demand, which disproportionately affects prices paid for properties.