Property Tax appraisals...

[Scott in Houston]

Can anyone point me to or know the limit on an appraisal increase for a piece of property?

I had one go up almost 30%. I thought there was a 10% increase limit?

Any help on the best way to attack this? I don't want to pay one of those firms who do this for you, but I'm considering it because I'm clueless in this regard.

[ScooterSissy]

PM sent.

[Bart]

Is it your homestead property or some other property like a second home or a rental?

[Scott in Houston]

Is it your homestead property or some other property like a second home or a rental?

Homestead. Newly acquired. I think the reset it based on our purchase of it, but I thought there was a max increase regardless.

[Bart]

From the Texas Property Tax Code § 23.23

The limitation provided by Subsection (a) takes effect as to a residence homestead on January 1 of the tax year following the first tax year the owner qualifies the property for an exemption under Section 11.13.

[Scott in Houston]

From the Texas Property Tax Code § 23.23

The limitation provided by Subsection (a) takes effect as to a residence homestead on January 1 of the tax year following the first tax year the owner qualifies the property for an exemption under Section 11.13.

Thanks. So the 10% doesn't apply since I filed for Homestead this year.

That makes my case clear... now I fight based on comps. I'm WAY out of line with the neighborhood comps. I'm $40/sq ft higher than the average for my street.

Thanks again