You don’t have to be a home buyer or seller to be affected by today’s unprecedented housing market. Established homeowners, with no intentions of moving, are also greatly affected and not necessarily in a good way. A booming real estate market has driven home values through the roof in Texas and throughout the country. Realtor.com [...]
As a Texas homeowner, you should know the value of your property best and as a taxpayer, you should have a decent handle on your neighborhood and surrounding properties as well. So what do you do if you have reason to suspect that, based on your most recent property assessment notice, your home has been [...]
As a property owner in the Lone Star state, understanding your property value is important on many levels. Your property value helps give you an idea of your net worth, how much you could potentially sell your home for and how your local economy is doing. And, most importantly, it can greatly affect your property [...]
Did you audibly gasp upon opening your property tax appraisal notice? If so, you are definitely not alone. Many Texas property owners are suffering some major sticker shock as home values across the state continue to skyrocket. Homeowners are left not only feeling shocked but, in some cases, upset and unable to pay their taxes. [...]
As a Texas homeowner, you can save thousands of dollars on your property taxes by taking advantage of the homestead exemption. An exemption removes part of the value of your property from taxation and lowers your taxes. For example, if your home is valued at $100,000 and you qualify for a $25,000 exemption, you pay [...]
There’s a variety of homestead tax exemptions available for Texas residents that can help homeowners save thousands of dollars on their property taxes each year. But did you know if you’re a homeowner aged 65 or older that there’s a special exemption just for you? Whether you’ve lived in the Lone Star State your whole [...]
There are many advantages to living in the Lone Star State. So, while tax benefits might not initially seem as appealing as the diverse family friendly cities, warm climate and endless country roads, if you’re a property owner in Texas, you won’t want to miss out on the valuable Homestead exemptions and the extra benefit [...]
The thought of property taxes can put dread in the hearts of property owners, especially if they live in a high tax area of the United States. However, if you’re a Texas taxpayer, you may be pleasantly surprised to learn that your state legislatures have made various “property owner friendly” changes to Texas property tax [...]
There are many financial benefits that come with owning your home. One being, you can itemize your tax returns and deduct the property taxes paid on your main residence and any other real estate that you own. This includes property taxes you pay from the date you purchase the property. To claim a property tax [...]
Texas homeowners can save thousands of dollars on their property taxes by taking advantage of the many homestead exemptions available in the state. An exemption removes part of the value of your property from taxation and lowers your taxes. For example, if your home is valued at $100,000 and you qualify for a $20,000 exemption, [...]
