Dallas County Appraisal District Notices

[jhilde101]

McKinney here. Ours went down about $2k.
The land did not go down, the dwelling amount did.
I have the opportunity to file a protest on-line. So for kicks, I think that I will do this and see what happens.
If I agree with their decsion, I do nothing. If I do not agree, I can request an in-person meeting to argue my case.

[galore]

Mine went down $140k. But I did tear down the house last year!

[lh_newbie]

^^ those pesky improvements...

[mitotex]

Mine said the land remained the same, but the structure went up $50k? How is that possible when there were no improvements made?

[loves2read]

How is that possible when there were no improvements made?

They guestimated--it is likely that many homes in your neighborhood also went up
--even if you did improvements--were you sending in your Lowe's bill showing what you bought or the cancelled check you paid the guys making the outdoor kitchen??? So the appraisal district would only raise the valuation that much???

[Anonymous11711]

Originally Posted by racehorse

My appraisal went up substantially. I thought there was supposed to be a 10% cap on valuation increases in the state of Texas and my husband and I are trying to find out if this is the case or not. We just bought the house in December and think perhaps the valuation re-sets when ownership changes hands, but again, we are trying to confirm.

You're correct, there is a 10% increase cap on appraisals in Texas. However, several events can alter/thwart how this works.

First, if he property was recently sold, the cap in play from the previous owner vaporizes. The new owner will establish a new cap based on the current appraisal cycles.

Next, even if the cap remains, and no sale has occured, the appraisal is not restricted to that cap value. The cap value is only used in the tax computation process, which will use either the full appraisal value, or the cap value, whichever is smaller.

Viewing a DCAD property record will show a cap value(if it exists) just under the appraisal value area at the top of the page. If the cap exists,
it decreases 10% annually until gone. It is possible for some properties to maintain a perpetual cap, in rapidly appreciating 'hoods.